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Analysis of the resources provided through the "local action groups"
Hejdánek, Michal ; Ochrana, František (advisor) ; Vítek, Leoš (referee)
The purpose of this Bachelor thesis is to find financial allocation postpaid funds from Local action group Lípa pro venkov o. s. and qualify transaction costs. Theoretical frame is focused on policy of rural development and an explanation of the LEADER method with a specific example. Further there is a brief description of transaction costs and a method of their research in the text. Research objective is divided into 3 parts. In the first part the sector analysis is examined and in the second part it is the industry analysis of postpaid funds. Last part deals with administrative costs of LAG and on the recipient side the induced costs with the aid of questionnaire survey are calculated. Key words: Local action groups, LAG, Leader, analysis, transaction costs
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The economic analysis of good faith in the regulation of ownership rights to real estate under the new Civil Code
Vápeníková, Andrea ; Dušek, Libor (advisor) ; Sunega, Petr (referee)
The theme of the thesis is the economic analysis of good faith in the regulation of ownership rights to real estate under the new Civil Code. The new Civil Code No. 89/2012 Sb. entered into force on 1 January 2014, along with it has undergone striking changes also Cadastral Act 256/2013Sb., the new provisions will significantly alter the legal view to the acquisition of title to real estate from unauthorized, tries to protect him, which is one of the biggest differences from the Civil Code No. 40/1964Sb. The theoretical part focuses on the definition and genesis of the concept of good faith, as well as the relationship of good faith with the right of property. The analytical part of the assistance costs recognise with their property rights acquired in good faith , which are due to the length and complexity of litigation, very expensive, and the cost of the occupation of the property shows considerable inefficiency of the old provisions. Conclusion of the thesis analyzes the efforts of lawmakers to find a concordance between adverse-effect principle - protection of property rights acquired in good faith and the principle nemo plus iuris ad alium transferre potest quam ipse habet ( nobody can transfer more rights than he has ) . This objective was fulfilled in theory. However, the case law will show, whether it has been fulfilled in practice and how effective it has become.
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Transaction costs during insolvency of big companies
Leinveberová, Tereza ; Schönfeld, Jaroslav (advisor) ; Smrčka, Luboš (referee)
This master thesis is devoted to the transaction costs during insolvency of big companies. The aim of the thesis is to analyse, define and compare transaction costs incurred during insolvency of two Czech companies. The secondary aim is to find the relevant costs, compare their value and find the root cause of their appearance. There is hypothesis, which needs to be acknowledged or confuted. The hypothesis is if company has to be rich enough to be saved. The followed analysis has been performed on CBPS s.r.o. and Technistone a.s. The answer to this question, which was proofed by mentioned analysis, is yes, company really needs to be rich enough and own enough capital to be able to go through successful reorganization.
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Game theory in the current flood protection
Pokorná, Veronika ; Macháč, Jan (advisor) ; Louda, Jiří (referee)
In recent years a considerable attention has been devoted to flood protection measures because of great damages caused by floods. While planning measures the consideration is based on costs and benefits associated with their implementation, i.e. the application of cost-benefit analysis (CBA). In most cases the relation of upstream and downstream in river catchments is neglected, therefore in the practice a potential for a retention of upstream remains unused. This bachelor thesis deals with a projection of this upstream/downstream relation into the current flood protection. Mathematic method of the game theory is used for the analysis of the optimal allocation of flood protection measures between the upstream/downstream areas. The upstream/downstream relation is defined by the specific assumptions and conditions. On the basis of these specific assumptions and conditions a payoff 2x2 matrix is modelled. The thesis constructs individual scenarios of mutual positions of these two parts. Possible outcomes are analysed by using game theory, while taking into account liability for damages, negotiation options and transaction costs. Presented results of individual scenarios indicate that the game theory is a suitable tool for the assessment of an optimal allocation of flood protection measures and its application in practice is appropriate in conjunction with other tools.
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Bargaining - What are the differences in diverse industries and trade area?
Bejdová, Markéta ; Svoboda, Miroslav (advisor) ; Šťastný, Daniel (referee)
The work aims on the factors affecting bargaining in the Czech Republic, especially which reasons determine its existence in different market sectors and areas of trade. This problem is being solved empirically, using the method of least squares. Data used for the regression are obtained from the questionnaire, market research and sales information of selected goods. From the regression output we cannot refuse the main hypothesis that the possibility of price discrimination leads to a higher probability of haggling and conversely high growth in transaction costs of bargaining leads to the fixing of prices. An alternative approach with the help of another survey is trying to find out if bargaining depends rather on the place of sale than anything else. This research suggests that respondents expect the greatest likelihood of bargaining at marketplaces. It seems that the greatest impact on the probability of bargaining has, of all surveyed attributes, the size of trade deal.
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Analysis of the Land Fund of the Czech Republic financial management
Hlůšek, Jakub ; Zeman, Karel (advisor) ; Zajíček, Miroslav (referee)
The Land Fund of the Czech Republic is the last existing transformation institution handling with the change of property rights through the privatization and restitution process. In the present time there is a debate about putting end to its activities. The bachelor thesis aim is to analyse the trend of the financial management in the given period from 1994 to 2009, taking into an account also the budget proposals for the years of 2010 and 2011, and to make a recommendation for its future activities and possible effects of its abolition. In the first part there will be specified used terms and definitions, there will be also characterized a budgetary scale in the Czech Republic and the state institutions financial management, illustrated and described the transaction costs and characterized the transformation process. The second part will involve the Land Fund of the Czech Republic trend of the financial management in the given period in each of its registered items with a particular accent on the revenue side, handling funds and transaction costs linked with the Land Fund activity fulfilling.
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Creation of the modern organizational structure in the selected companies
FIŠER, František
The theoretical part focuses on actual trends of the modern organizational structure and its positive and negative sides as indicated by some of the relevant authors. The practical part focuses on the particular organizational structure of the retail sales department of the Vodafone CZ company. It analyses the defections of the present state and propounds improvements.
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Advantages and disadvantages of Slovakia joining tha European monetary union in terms of exchange rate issues
Mocková, Ivana ; Kuncl, Martin (advisor)
The aim of this bachelor work is to describe and analyze selected advantages and disadvantages that flow from Slovakia's entry into the EMU.First part of the bachelor work is focused on the development of the SKK/EUR while in the ERM 2, and to assess the exchange rate convergence criterion.Second part describes the determination of the conversion rate, determining the potential impacts of conversion ratio on the Slovak economy and the reasons which led to the selected value of the conversion rate(assumption inflationary pressures, the Balassa - Samuelson effect).The last part describes the effects of entry into EMU in microeconomics - the elimination of transaction costs and eliminating exchange rate risk.
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Czechoslovak political and economic transformation in view of institutional economics theories
Kuchař, Pavel ; Lehmannová, Zuzana (advisor) ; Lipka, David (referee)
The diploma thesis looks into the matter of political and economic transformation of Czechoslovakia and Czech Republic through lenses of institutional economics theories. It claims that the transformation measures did not consider the social embeddedness within cultural and historical limitations. The first part of the paper defines the methodology of institutional economics based mainly on Ronald Coase's and Oliver Williamson's work. The following part aims to draw an image of historical and political context of Czechoslovak transformation. The compatibility of conditions, goals and means of the transformation is being considered in the third part. Finally, the work structures and evaluates World Bank's data set that forms an important part of endogenous influences of institutionalisation. The conclusion judges the outcome of political and economical transformation rather critically.
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