How does an unforeseen economic crisis affect financial priorities in decision-making and effect capital structures?
| Název práce: | How an Unforeseen Economic Crisis from the Coronavirus Affects Financial Strategy and Decision-making in Capital Structures |
|---|---|
| Autor(ka) práce: | Joseph, Jack |
| Typ práce: | Diploma thesis |
| Vedoucí práce: | Rýdlová, Barbora |
| Oponenti práce: | Poborský, František |
| Jazyk práce: | English |
| Abstrakt: | The basis of this study looked into the unforeseen impacts of the coronavirus in the business world. Looking into specifics, a survey was conducted to gain insight into the minds of financial professionals and their strategic shifts in priorities. A look into the relevance of traditional theories like trade off, pecking order, and agency costs were examined. Also, a critical look into the cognitive biases that are at play during an economic shock. Psychological principles like overconfidence and optimism, anchoring, and threat response are measured. This study is a piloted preliminary study into the impact of the coronavirus as the event is taking place. Therefore, it is merely suggestive towards how future research could be conducted. |
| Klíčová slova: | Coronavirus; Capital Structure; Behavioral Finance |
| Název práce: | How does an unforeseen economic crisis affect financial priorities in decision-making and effect capital structures? |
|---|---|
| Autor(ka) práce: | Joseph, Jack |
| Typ práce: | Diplomová práce |
| Vedoucí práce: | Rýdlová, Barbora |
| Oponenti práce: | Poborský, František |
| Jazyk práce: | English |
| Abstrakt: | The basis of this study looked into the unforeseen impacts of the coronavirus in the business world. Looking into specifics, a survey was conducted to gain insight into the minds of financial professionals and their strategic shifts in priorities. A look into the relevance of traditional theories like trade off, pecking order, and agency costs were examined. Also, a critical look into the cognitive biases that are at play during an economic shock. Psychological principles like overconfidence and optimism, anchoring, and threat response are measured. This study is a piloted preliminary study into the impact of the coronavirus as the event is taking place. Therefore, it is merely suggestive towards how future research could be conducted. |
| Klíčová slova: | Coronavirus; Capital Structure; Behavioral Finance |
Informace o studiu
| Studijní program / obor: | Finance and Accounting |
|---|---|
| Typ studijního programu: | Magisterský studijní program |
| Přidělovaná hodnost: | Ing. |
| Instituce přidělující hodnost: | Vysoká škola ekonomická v Praze |
| Fakulta: | Fakulta financí a účetnictví |
| Katedra: | Katedra financí a oceňování podniku |
Informace o odevzdání a obhajobě
| Datum zadání práce: | 25. 11. 2019 |
|---|---|
| Datum podání práce: | 26. 5. 2020 |
| Datum obhajoby: | 10. 6. 2020 |
| Identifikátor v systému InSIS: | https://insis.vse.cz/zp/71754/podrobnosti |