%0 Journal Article
%T Investment Characteristics of Natural Monopoly Companies
%A £¿kapa Stanislav
%J Journal of Competitiveness
%D 2012
%I Tomas Bata University, Zl¨ªn
%X This paper explores the possibilities of investment by private investors in natural monopoly companies. The paper analyzes the broad issue of risk measurement with focus on downside risk measurement principle. The main scientific aim is to adopt a more sophisticated and theoretically advanced statistical technique and apply them to the findings. The preferred method used for the estimation of selected characteristics and ratios was the robust statistical methods and a bootstrap method.
%K natural monopoly
%K investor
%K investment
%K downside risk
%U http://www.cjournal.cz/files/83.pdf