Proceedings of the 5th International Conference on New Ideas in Management, Economics and Accounting
Year: 2018
DOI: https://www.doi.org/10.33422/5imea.2018.02.58
Decision making on capital markets using trend based research methods
Tomáš Poláček , Tomáš Meluzín and Libor Chládek
ABSTRACT:
One of the main objectives of this study is to develop a qualitative model that will serve the decision makers’ CFOs (chief financial officers), where, as a rule, it is decided without deeper processing of information many factors that affect each other significantly. Lack of appropriate statistical information in connection with turbulently changing environments suggests that further research is needed to extend existing IPO models based on statistical analyzes. The paper is using basic qualitative research of trends. All pairs of relationships are based on trends, either increasing, constant, or decreasing. The key input of the correct IPO timing analysis is based on the knowledge of experts traced from qualitative heuristics. The transition graph is a qualitative interpretation of all possible quantitative time series of all variables used in our IPO timetable and should be used as an effective tool to support CFO decisions.
Keywords: Forecast, IPO; Capital markets; Trend; Qualitative; Bankruptcy; Transition.