The aim of the thesis is to determine the impact of monetary policy on the industry and also to determine the impact on the specific company characteristics. The panel data drawn from the Amadeus database is used for analysis. This is data of approximately nine thousand companies in the period from 2006 to 2015. The exogenous variables are defined as financial and non-financial characteristics of firms and the indicator of monetary policy is defined as three months interest rate, PRIBOR. The endogenous variables are defined as return on assets, return on equity and profit margin. The models will show whether there is a relationship between the central bank´s activity and the prosperity of the construction industry.
Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:428682 |
Date | January 2019 |
Creators | Bendíková, Monika |
Source Sets | Czech ETDs |
Language | Slovak |
Detected Language | English |
Type | info:eu-repo/semantics/masterThesis |
Rights | info:eu-repo/semantics/restrictedAccess |
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