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MELUZÍN, T. PIETRZAK, M. BALCERZAK, A. ZINECKER, M. DOUBRAVSKÝ, K. DOHNAL, M.
Original Title
Rumours Related to Political Instability and their Impact on IPOs. The Use of Qualitative Modelling with Incomplete Knowledge.
Type
journal article in Web of Science
Language
English
Original Abstract
This paper deals with propagation of rumours linked to political instability within going public procedure. Rumours affect the decision making significantly because of information asymmetry. Firstly, a team of experts identified a set of 9 macroeconomic variables that are likely to be affected by political instability in a country. Next, a qualitative model was developed. The result is represented by 25 scenarios and their qualitative solutions. The transitional graph represents all possible transitions among the 108 scenarios. Although no of the rumours is under control of the investor, if timely detected, any damages can be averted.
Keywords
macroeconomics; politics; rumours; going public; qualitative models; scenarios
Authors
MELUZÍN, T.; PIETRZAK, M.; BALCERZAK, A.; ZINECKER, M.; DOUBRAVSKÝ, K.; DOHNAL, M.
Released
30. 12. 2017
Publisher
Faculty of Management of Czestochowa University of Technology
Location
Czestochowa
ISBN
2081-7452
Periodical
Polish Journal of Management Studies
Year of study
16
Number
2
State
Republic of Poland
Pages from
171
Pages to
187
Pages count
18
URL
https://pjms.zim.pcz.pl/resources/html/article/details?id=158396
BibTex
@article{BUT142873, author="Tomáš {Meluzín} and Michał Bernard {Pietrzak} and Adam Przemyslaw {Balcerzak} and Marek {Zinecker} and Karel {Doubravský} and Mirko {Dohnal}", title="Rumours Related to Political Instability and their Impact on IPOs. The Use of Qualitative Modelling with Incomplete Knowledge.", journal="Polish Journal of Management Studies", year="2017", volume="16", number="2", pages="171--187", doi="10.17512/pjms.2017.16.2.15", issn="2081-7452", url=" https://pjms.zim.pcz.pl/resources/html/article/details?id=158396 " }