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Conservation and possible uses of rock areas in the Czech Republic in tourism
Ehlová, Pavla ; Jarolímková, Liběna (advisor) ; Herget, Jan (referee)
This diploma thesis focuses on the conservation and possible uses of rock areas in the Czech Republic in tourism, specifically for climbing. The thesis delimits climbing as a type of tourism, which is researched from the various points of view, and the behaviour of its participants is characterised. The potential of the Czech Republic as a destination suitable for climbing tourism is described, as well as the impact of climbing to the animate nature, terrain and microrelief. The thesis also deals with the conservation of rock areas - informs about legislative requirements and other regulations of climbing, especially in protected areas. One chapter is also dedicated to the current trends in climbing, which limit the uses of climbing areas in a sustainable way. A survey carried out for the purpose of this thesis tries to reveal the relation of climbers to the protection of climbing areas. Finally, the thesis presents suggestions, how to use rock areas in compliance with a sustainable development of tourism.
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Proposal of optimal regulation in the Czech water industry
Novotný, Jiří ; Macháč, Jan (advisor) ; Vebrová, Ludmila (referee)
This thesis deals with post-privatization development of the water industry and sewerage. It leads to problems that the current state of regulation has been unable to handle effectively. There is an outflow of money into private foreign companies rather than investing in the aging infrastructure of the Czech water system. Water has not been earning a financial gain for the state, even though its price over the years continues to grow. The state has been unable to allocate investments toward cities and municipalities that have a high incentive to establish a superior water infrastructure. Water companies often have the privileged position in this field and even though they are regulated by antitrust laws, their operation is not socially efficient. In compliance with the information asymmetry and the pressure of the groups of interest, the regulator is affected more by the preferences of the water system companies rather than the interests of society. The aim of the thesis is to suggest the adjustment of regulation in the Czech Republic on the basis of foreign experience. Comparative analysis of the approaches of chosen European countries was used for this purpose; and further, for a deeper comparison, the situation is presented at a much better mapped and described telecommunication market. From the discussed methods of regulation (following the example of the European experience), not only the recommendations regarding the changes of duties for operators to lease the water infrastructure are suggested, but also non-discrimination of the individual consumer groups, changes of legislation in favor of long-term sustainable development in the field of water supply, and suggestions for dealing with information asymmetry.
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Analysis of special investment funds focusing on the Czech Republic in the years 2004 - 2014
Hanusová, Jitka ; Ševčíková, Michaela (advisor) ; Hájek, Jan (referee)
This thesis deals with retail investors investing in mutual funds in the Czech Republic and focuses on the period from 2004 to 2014. The aim is to analyze what investment opportunities special funds can offer retail investors. The theoretical part defines important terms for collective investment, the concept of the so called "magic triangle", illustrating the relationship between return, risk and liquidity, and the differences between retail and qualified investors. It also briefly outlines the development of collective investment in the world and in the Czech Republic, as well as the advantages and disadvantages of collective investment. Subsequently, the current classification of collective investment funds in the Czech Republic are analyzed from different perspectives. No major differences have been found in the regulation of standard and special funds. The main contribution that this work provides is the detailed analysis of five chosen special funds, forming the practical part of this thesis. Based on the selected criteria it has been found that only some of the chosen special funds can offer retail investors the possibility of an interesting appreciation of invested funds. The work points to the fact that the legislation of the fund is not as fundamental for retail investors as the specific type of investment strategy and the focus of the fund.
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Perspectives of Transatlantic Trade and Investment Partnership: benefits and potential risks
Bednář, Milan ; Ševčíková, Michaela (advisor) ; Zamrazilová, Eva (referee)
It is possible that the economic condition of Europe after the global financial crisis of 2008-2009 prompted idea of trade liberalization. This diploma thesis deals with the Transatlantic Trade and Investment Partnership (TTIP), a proposed free trade agreement between the European Union and the United States of America. Main goal of the thesis is to provide economic evaluation of the deal, and to assess the claim that TTIP would be beneficial for the European Union member states. Main used method is a theoretical analysis supplemented by regression analysis. The theoretical part is focused on basic economic principles of international trade and related concepts. Main tools used to assess this agreement are described in more detail as well. The analytical part deals with economic linkages between the two regions, with emphasis on the development and current status of non-tariff barriers to trade. The thesis also contains a summary of potential benefits and risks. Finally, a potential impact of TTIP on the Czech Republic and the issue of Brexit is presented. The European Union and the United States of America are linked by strong economic ties. However, trade barriers between those two entities still exist and hamper international trade. The analysis indicates that if the contract was to be impactful and significant, it must focus on a substantial reduction of bilateral non-tariff barriers to trade. This implies that TTIP could interfere with sectoral regulations. In addition, it is not certain that achieved revenues would be automatically higher than costs given the number of perceived risks. Panel data gravity models are used to quantify the potential impact of trade liberalization on export of goods of the EU28 countries to the USA. Significant elimination of trade barriers could increase EU exports to the USA by more than 20%.
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Financial analysis of Sberbank CZ, Inc.
Sládek, Jan ; Radová, Jarmila (advisor) ; Fleischmann, Luboš (referee)
The main objective of this master thesis is to develop a financial analysis of banking institution Sberbank CZ, Inc., to evaluate the overall effectiveness of its activities and to compare its situation with competing banks. The master thesis is divided into three main parts. The first part focuses on description of methodological and theoretical findings, which are connected with financial analysis. Attention is paid not only to financial analysis and financial indicators, but the author of the thesis also deals with information resources, information duties of banks, financial statements and regulations of the Czech National Bank. The second part is devoted to introduction of chosen banks and description of their main features. The third part focuses on application of reached findings and creating financial analysis of Sberbank CZ, Inc.. Results will be continuously evaluated and also measured with competing banks. In conclusion are presented reached results of financial analysis, on which is evaluated whole financial situation of Sberbank CZ, Inc..
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The legal immigration policy in the European Union
Hermanová, Jana ; Grmelová, Nicole (advisor) ; Šťastný, Tomáš (referee)
The main aim of this thesis is to explain the current legal regulation of immigration of the European Union. The first chapter is dedicated to the introduction of migration with the description of the theories of migration and the summary of possible causes and effects. The second chapter deals with the development of migration policy of the European Union. The third chapter describes current legal regulations in the field of immigration. The last part of this thesis analyses three judgements of the European Court of Justice, related to the immigration.
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Comparation of the EU and US approach towards mergers and acquisitions
Bartošová, Monika ; Kříž, Radim (advisor) ; Hásová, Jiřina (referee)
This study aims to compare the EU and US approach towards mergers and acquisitions, both from a theoretical point of view (the historical development and regulation) and the practical one(comparing certain cases), identify their similarities and differences, explain it and evaluate. To achieve the goal, the method of comparison was used (especially control procedures and assessing relevant markets). It was also assisted by case studies (specific decisions of the competition authorities), thus that the merger of GE / Honeywell and acquisitions, Oracle / Sun Microsystems. The work is divided into four chapters. The first chapter approaches the topic in terms of their development and legislation. The next two chapters introduce the merger control in both systems. The last chapter deals with cooperation between the competition authorities of the EU and the US. Chapter also compares the specific cases in which both teams have decided differently.
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THE LATEST TRENDS IN PUBLIC PROCUREMENT LAW
Navrátilová, Pavla ; Matula, Miloš (advisor) ; Jurčík, Radek (referee)
This thesis deals with public procurement law in the Czech Republic. It captures the latest trends in public procurement law, together with the amendment to the Public Procurement Act, which entered into force on 1 April 2012. The opening chapter introduces the concepts that are closely related to the issue of public procurement and corruption. There are explained key institutional control mechanisms in the Czech Republic and criminal liability of corruption. The analytical part of this thesis describes the changes, which the amendment brought into the Public Procurement Law. These changes are mainly assessed in terms of impact on the suppression of corruption. This thesis presents and analyzes the arguments of proponents and opponents of the amendment. The analysis is accompanied by a brief look at the development of legislation on public procurement in the European Union in general and in two selected countries of the European Union. The conclusion contains a summary assessment of the issue along with an outlook for a possible further developments in the legal regulation of public procurement. Based on the analysis, the thesis leads to the conclusion that the amendment of public contracts, despite some shortcomings, is leading to a more transparent procurement environment.
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Islamic Insurance
Kadlečková, Tereza ; Ducháčková, Eva (advisor) ; Daňhel, Jaroslav (referee)
The main aim of the thesis is to describe and explain the rules of Islamic financial world and outline working principles of the Islamic insurance. This work characterizes the fundamental models on which takaful insurance company works. It describes the basic products and the regulation in the sector. The part of the thesis is focused on the analysis of Islamic insurance market, the financial crisis, the potential of takaful in Europe and the development of Islamic insurance in the future.
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Inbound marketing of Nestlé in the area of infant formula
Hnízdilová, Lucie ; Průša, Přemysl (advisor) ; Postler, Milan (referee)
This master's thesis deals with inbound marketing of Nestlé in the area of infant formula. Its aim is to determine whether inbound marketing is a suitable tool for infant formula promotion which is strongly regulated. The thesis is based on a comprehensive analysis of the area of infant formula and analysis of inbound marketing strategy of one of the most dominant companies on the market, Nestlé. In the beginning, attention is focused on important milestones of the development of infant formula and on a case which caused an important change in the promotion of infant formula, Nestlé boycott. The following section deals with the supervision and marketing regulation both in international and the European law. The final chapter of the first part emphasizes on philosophy of inbound marketing. The second part is introduced by outlining the current situation both on global and the Czech market of infant formula. Then, attention is focused on Nestlé. Its introduction is followed by analysis of company's inbound marketing strategy which is then evaluated. For this purpose, analysis of the effectiveness of marketing tools is made with regard to strategic goals of the company.
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