The duration analysis of enterprises’ value migration stages Cover Image

Analiza czasu trwania faz procesu migracji wartości przedsiębiorstw
The duration analysis of enterprises’ value migration stages

Author(s): Dariusz Siudak
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: value migration; duration analysis; hazard function; Kaplan-Meier estimator

Summary/Abstract: The paper deals with the analysis of stability over time of enterprises’ value migration on the Polish capital market. To measure enterprises’ value migration the methods of linear ordering were employed in the form of an index variable. Then, the set of considered enterprises was divided into three groups according to the model of three stages of value migration basing on the elaborated algorithm. The research method was based on the duration analysis. The formulated hypothesis about instability over time of value migration processes was supported.

  • Issue Year: 2014
  • Issue No: 326
  • Page Range: 243-258
  • Page Count: 16
  • Language: Polish