The empirical examination of changes related to value drivers in the effects of the 2007-2008 crisis

dc.creatorKiss, Anita
dc.date2016-12-31
dc.date.accessioned2021-06-28T11:15:59Z
dc.date.available2021-06-28T11:15:59Z
dc.descriptionThe article brings into the focus the corporate value creation and the main value drivers. The first goal of the study is to classify the most relevant value drivers, and their function of the firms’ value. Further objective of this paper is to present the effects of the 2007-2008 global financial crisis. This article demonstrates the following. The first part introduces the value chain and illustrates the primary and the support activities of the companies. The second section briefly presents the 2007-2008 global economic crisis, introducing its causes, events and financial aspects. The third empirical part of the paper analyses the database featuring data from 18 European countries, 10 sectors and 1553 firms in the period between 2004 and 2011. At the end, the fourth part contains conclusions. Based on the related literature reviewed and in the conducted empirical research it can be assessed that 2008 can be seen unambiguously as the year of the crisis. In this year, all independent variables had a negative effect on the dependent variable. JEL code: P40
dc.formatapplication/pdf
dc.identifierhttps://ojs.lib.unideb.hu/apstract/article/view/6885
dc.identifier10.19041/APSTRACT/2016/4-5/4
dc.identifier.urihttp://hdl.handle.net/2437/317788
dc.languageeng
dc.publisherUniversity of Debrecen, Faculty of Economics and Business
dc.relationhttps://ojs.lib.unideb.hu/apstract/article/view/6885/6334
dc.rightsCopyright (c) 2016 University of Debrecen, Faculty of Economics and Business, Hungary
dc.sourceApplied Studies in Agribusiness and Commerce; Vol. 10 No. 4-5 (2016); 31-35
dc.source1789-7874
dc.source1789-221X
dc.subjectvalue chain
dc.subjectfirm valuation
dc.subjectvalue drivers
dc.subjectglobal financial crisis of 2007-2008
dc.titleThe empirical examination of changes related to value drivers in the effects of the 2007-2008 crisis
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion
dc.typePeer-reviewed Article
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