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Genuine progress indicator and other alternative measures of economic development: First estimates for the Czech Republic
Král, Michal ; Janský, Petr (advisor) ; Janotík, Tomáš (referee)
Nowadys when measuring economic development, the main focus is on gross domestic product, which is a measure of market activity. Genuine progress indicator is an alternative measure of economic development, which shifts focus to well-being, environment and sustainability. The main goal of this study is to construct genuine progress indicator for the Czech Republic. In the first part I point out weaknesses of current measurement of economic progress. Then I address other indicators proposed as an alternative measure of economic development. After that I discuss genuine progress indicator in detail and explain its calculation for the Czech Republic. In the last part I discuss results of my computations and compare it with gross domestic product and with foreign calculations of genuine progress indicator. Keywords Genuine progress indicator, measure of well-being, economic development, alternative economic indicator, gross domestic product Author's e-mail 1michal.kral1@seznam.cz Supervisor's e-mail jansky@fsv.cuni.cz
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Evaluation of voleyball service due to surface EMG
Král, Michal ; Kračmar, Bronislav (advisor) ; Buchtel, Jaroslav (referee)
Title of dissertation: Evaluation of volleyball service due to surface EMG. Objectives of dissertation: To measure and describe the structure involving specific muscles of the player. The muscles are going to be measured during the volleyball service - service with jump, service without jumping and specific exercises. Method: Surface EMG analysis and simple kinematic analysis. Results: The order of muscle activation is the use of the land and use of jump spikeserve different. In repeated experiments of each type of use, however, does not change the order of muscle involvement. Specific exercise is by its nature more spikeserve use of the jump. Key words: Volleyball, service, pulley, EMG analysis, kinematic analysis. 6
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Is hype really that powerful? The correlation between mass and social media and cryptocurrency rates fluctuations
Ilina, Viktoriia ; Král, Michal (advisor) ; Kukačka, Jiří (referee)
Twelve years after Satoshi Nakamoto published the paper describing the functioning mechanism and principals of cryptocurrency that maintains secure and anonymous digital transactions beyond any banks, cryptocurrencies have become a multi-billion-dollar industry comprising millions of investors, miners, developers and profiteers. However, the actual price determinants and ways to forecast future price changes remain an open question yet to discover the answer for. This study attempts to figure out whether media hype exerts that much influence upon cryptocurrencies price movements and whether it can be used as the basis for future movements prediction. Two cryptocurrencies, Bitcoin and Tezos, and 7 mass and social media factors for each of them were considered on daily basis from 08-01-2018 to 10-31-2020. To explore the interdependence between media drivers and cryptocurrencies' prices in short, medium and long timespan, this study deploys wavelet coherence approach. There was found, that price changes turn to be the supreme prior to hype, even though the growing ado may push the prices even higher. Thus, hype is failing to prove itself as a reliable cryptocurrency price predictor. Crypto investors, though, should anyways take the news background into account while building trading strategies,...
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The motivation of university students for sports activities
KRÁL, Michal
Bachelor's thesis dealt with the issue of motivation to sport and sporting activities among university students. First, however, they were at work defined the basic terms and concepts related to the issue solved. Subsequently research was conducted using own questionnaire, 23 questions. Respondents were students of two humanities and two scientific fields from Charles University in Prague and Masaryk University in Brno. Thanks to this may be found to have the attitude university students to sports, what sports they prefer and what motives dominate the sport in general.
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Base erosion and profit shifting in eastern European countries
Král, Michal ; Janský, Petr (advisor) ; Schneider, Ondřej (referee)
1 Abstract Corporate tax base erosion and profit shifting has become widely debated topic by academics and world leaders alike. The need to reform international tax system resulted into G20-OECD initiative addressing Base Erosion and Profit Shifting and recently thanks to the leak of so called Panama papers this issue is recognised by the general public as well. The goal of this thesis is to provide new evidence of profit shifting activities in eastern Europe and to provide better understanding of these practises. Our main focus is on tax havens that are often at heart of profit shifting activities. We analyse financial and ownership data for 661,841 companies from 18 countries for the period of 8 years 2006 - 2013. In our dataset there are 65,002 multinational companies out of which 17,359 have affiliates in tax havens. The evidence suggests that multinational companies in eastern Europe with ties to tax havens report lower pre-tax profits, pay lower taxes and hold higher debt ratio compare to other companies which is consistent with corporate tax avoidance using profit shifting. By examining tax havens in more detail we found that the most commonly used tax havens in this region are predominantly Cyprus followed by British Virgin Islands and Luxembourg with the strongest signs of profit shifting...
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By-laws of unit owners association
Král, Michal ; Štenglová, Ivanka (advisor) ; Rozehnal, Aleš (referee)
1 Summary "STATUTES OF UNIT OWNERS ASSOCIATION" The thesis deals with the statutes of a unit owners association as they are regulated in the Czech law (hereinafter referred to as the "Statutes"). The Statutes are the basic legal document of any unit owners association, through which the rights and obligations of the individual unit owners are exercised. The Statutes should provide any unit owners association with a framework for its smooth functioning in relation to its members (unit owners), as well as in relation to third parties. Much like other juridical (legal) persons, a unit owners association is created when registered to the public register. Its creation is preceded by a founding legal act of the future unit owners, i.e. the future members of the association. Statutory law (i.e. the new Civil Code No. 89/2012 Coll.) stipulates under what conditions the founding members are allowed to establish the unit owners association. For a successful registration of the association in the public register, ordinarily, the Statutes have to be approved by the founding members. The legislation sets out certain mandatory requirements, nonfulfillment of which would lead to a dismissal of the registration. The initial part of the thesis deals with the historical development of the legislation on flat ownership....
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By-laws of unit owners association
Král, Michal ; Štenglová, Ivanka (advisor) ; Rozehnal, Aleš (referee)
1 Summary "STATUTES OF UNIT OWNERS ASSOCIATION" The thesis deals with the statutes of a unit owners association as they are regulated in the Czech law (hereinafter referred to as the "Statutes"). The Statutes are the basic legal document of any unit owners association, through which the rights and obligations of the individual unit owners are exercised. The Statutes should provide any unit owners association with a framework for its smooth functioning in relation to its members (unit owners), as well as in relation to third parties. Much like other juridical (legal) persons, a unit owners association is created when registered to the public register. Its creation is preceded by a founding legal act of the future unit owners, i.e. the future members of the association. Statutory law (i.e. the new Civil Code No. 89/2012 Coll.) stipulates under what conditions the founding members are allowed to establish the unit owners association. For a successful registration of the association in the public register, ordinarily, the Statutes have to be approved by the founding members. The legislation sets out certain mandatory requirements, nonfulfillment of which would lead to a dismissal of the registration. The initial part of the thesis deals with the historical development of the legislation on flat ownership....
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Genuine progress indicator and other alternative measures of economic development: First estimates for the Czech Republic
Král, Michal ; Janský, Petr (advisor) ; Janotík, Tomáš (referee)
Nowadys when measuring economic development, the main focus is on gross domestic product, which is a measure of market activity. Genuine progress indicator is an alternative measure of economic development, which shifts focus to well-being, environment and sustainability. The main goal of this study is to construct genuine progress indicator for the Czech Republic. In the first part I point out weaknesses of current measurement of economic progress. Then I address other indicators proposed as an alternative measure of economic development. After that I discuss genuine progress indicator in detail and explain its calculation for the Czech Republic. In the last part I discuss results of my computations and compare it with gross domestic product and with foreign calculations of genuine progress indicator. Keywords Genuine progress indicator, measure of well-being, economic development, alternative economic indicator, gross domestic product Author's e-mail 1michal.kral1@seznam.cz Supervisor's e-mail jansky@fsv.cuni.cz
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