The Analyses of Factors Which Influence the Discount Rate-with an Example of IT Sector

摘要

The work is about the discount rate subject-matter and the research of its dependence on defined factors. The first part of the work focuses on presenting the variability of assessed discount rates (measured by WACC) for chosen enterprises of IT sector. In this part, the factors which can influence the discount rate are also shown. In the next part, the econometric models constructed by IBM SPSS computer program are presented. The models describe the linear dependence between dependent variable and independent variables. The last part is a statistic verification of constructed models, which bases on this part was the agreement with Gauss-Markov assumptions. The statistic verification scheme of econometric models was conducted (according to the literature) in the following steps: matching models to empirical data, the relevance of regression coefficients, checking the attributes of random elements which is the examining of the normality, homoscedasticity and the autocorrelation of any order.