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

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