Stock market reaction to ICT implementation: model based on comparison of developed and trasition economies

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dc.contributor.authorJanke, František
dc.contributor.authorPacková, Miroslava
dc.contributor.authorPrídavok, Mojmír
dc.date.accessioned2016-01-26T12:35:12Z
dc.date.available2016-01-26T12:35:12Z
dc.date.issued2015
dc.description.abstract-translatedCompanies are more productive, grow faster, invest more, and are more profitable when using Information and Communication Technology (ICT) more intensively. Several studies provided evidence that implementation of ICT into companies’ processes contributes to economic growth both on companies’ and macroeconomic level. In spite of wide range of studies in this area, only few studies focused on how the ICT implementation is perceived by investors at stock market and whether this information make movements in companies’ shares prices. Hence, the purpose of this paper is to provide literature overview related to the area of the impact of ICT implementation on company´s stock price, comparing results from developed (US) and transition economies (Czech Republic, Hungary, Poland and Slovakia) and using the results from relevant literature to provide a comparison of incidence of particular factors´ influence on the impact of ICT implementation on company’s stock prices. Based on the previous researches, a model describing factors that influence company’s stock price movement after ICT solution implementation and announcement, has been created.en
dc.format10 s.cs
dc.format.mimetypeapplication/pdf
dc.identifier.citationE+M. Ekonomie a Management = Economics and Management. 2015, č. 3, s. 91-100.cs
dc.identifier.doidx.doi.org/10.15240/tul/001/2015-3-009
dc.identifier.issn2336-5604 (Online)
dc.identifier.issn1212-3609 (Print)
dc.identifier.urihttp://www.ekonomie-management.cz/download/1441645360_a457/09_STOCK+MARKET+REACTION+TO+ICT.pdf
dc.identifier.urihttp://hdl.handle.net/11025/17630
dc.language.isoenen
dc.publisherTechnická univerzita v Libercics
dc.relation.ispartofseriesE+M. Ekonomie a Management = Economics and Managementcs
dc.rights© Technická univerzita v Libercics
dc.rightsCC BY-NC 4.0cs
dc.rights.accessopenAccessen
dc.subjectinformační a komunikační technologiecs
dc.subjectreakce trhucs
dc.subjectcena akciecs
dc.subject.translatedinformation and communication technologiesen
dc.subject.translatedmarket reactionen
dc.subject.translatedstock priceen
dc.titleStock market reaction to ICT implementation: model based on comparison of developed and trasition economiesen
dc.typečlánekcs
dc.typearticleen
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen

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Číslo 3 (2015)
Číslo 3 (2015)