The effect of macroeconomic indicator disclosures on the PX GLOB index

dc.contributor.authorZeman, Petr
dc.contributor.authorZdeněk, Radek
dc.contributor.authorLososová, Jana
dc.date.accessioned2025-02-12T12:47:34Z
dc.date.available2025-02-12T12:47:34Z
dc.date.issued2024
dc.description.abstract-translatedThis study contributes to empirical evidence of semi-strong market efficiency focused on emerging stock market, specifically examines the investor reaction on published macroeconomics information on the stock index PX-GLOB. Using an event study approach and abnormal returns methodology the authors verify the reaction of selected macroeconomic indicators such as GDP, inflation rate, unemployment rate or interest rate during the time-period from 2020 to 2023. The results show that macroeconomic announcement can affected the investor behaviour especially in the case of interest rates, but the difference between actual and expected information is not taken into account by investorsen
dc.format8 s.cs
dc.format.mimetypeapplication/pdf
dc.identifier.isbn978-80-261-1270-9
dc.identifier.urihttp://hdl.handle.net/11025/58248
dc.language.isoenen
dc.publisherFaculty of Economics University of West Bohemiaen
dc.rights© Authors of papersen
dc.rights.accessopenAccessen
dc.subjectefektivita trhucs
dc.subjectpřístup ke studiu událostícs
dc.subjectmakroekonomické ukazatelecs
dc.subjectakciový indexcs
dc.subjectabnormální návratcs
dc.subject.translatedmarket efficiencyen
dc.subject.translatedevent study approachen
dc.subject.translatedmacroeconomic indicatorsen
dc.subject.translatedStock indexen
dc.subject.translatedAbnormal returnen
dc.titleThe effect of macroeconomic indicator disclosures on the PX GLOB indexen
dc.typekonferenční příspěvekcs
dc.typeconferenceObjecten
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen
local.files.count2*
local.files.size541831*
local.has.filesyes*

Files

Original bundle
Showing 1 - 2 out of 2 results
No Thumbnail Available
Name:
ConferenceProceedings_BusinessTrends_2024-268-275.pdf
Size:
255.65 KB
Format:
Adobe Portable Document Format
No Thumbnail Available
Name:
ConferenceProceedings_BusinessTrends_2024-uvod.pdf
Size:
273.48 KB
Format:
Adobe Portable Document Format
License bundle
Showing 1 - 1 out of 1 results
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
OPEN License Selector