Popis: |
The thesis deals with the explanation of the match results effect on the value of club’s shares. There is a research of 19 clubs included in the Dow Jones STOXX Football Index in the work. The theoretical part focuses on an explanation of the specificities associated with the entry of a football club on the stock exchange, the influence of national team matches on stock indices and the influence of football matches on the value of their shares. The empirical part deals with the clarification of the market responses on the first trading day after the match. |