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Bank loans for business persons
Dolejš, Jiří ; Kotáb, Petr (advisor) ; Dřevínek, Karel (referee)
12. English summary Bank loans to entrepreneurial (corporate) customers There is no commonly accepted definition of loan in the Czech law and theory. The Czech civil law distinguishes between "loan" (as defined in the commercial code) and "borrowings" (as defined in the civil law code). The definition used by the financial law is more comprehensive and more reflecting the economic sense to the form of the provided money. According to the bank code, loan is temporarily granted cash, no matter in what form. Some definitions in the theory are even more comprehensive including also guarantees and similar products. According to my definition, loan is an instrument, under which cash (or its equivalent in other goods) is temporarily granted to a debtor and cash (or its equivalent in other goods) is returned to the creditor. Cash is always at least either provided in the beginning or returned in the end. "Entrepreneur" is defined in the commercial code. However this definition has to be adjusted to the special law or internal rules of the bank. Entrepreneurial (or in English "corporate") customers include usually entrepreneurs as defined by the commercial law, but excluding some special types of clients as banks and other financial institutions, public subjects and some small entrepreneurs with retail character....
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Comparison of Civil and Common law in the area of chosen criminal offences
Vojáček, Jan ; Žák, Květoslav (advisor) ; Spirit, Michal (referee)
This bachelor thesis deals with the comparison of Criminal law of two dominant legal systems. The goal of this thesis is to disclose a difference between criminal rules of law of Civil and Common law. At the beginning there is an adumbration of historical evolution of both legal systems and also reasons, why both systems evolved differently. Afterwards individual diversities of both legal systems are mentioned, mainly in the area of criminal law. Next part of the thesis is devoted to recent criminal regulations. With regard to its extensiveness, this bachelor thesis deals only with Czech and English criminal law. It also deals with the structure of division of criminal offence and solves the question, whether it is better to codify the criminal law or not. Last part of this thesis is to compare the criminal offences. This part contains six criminal offences, which interfere with many areas of human life, including murder, fraud or blackmail.
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Techniques and instruments of decision making under risk for one-phase decision problems.
Horčička, Jan ; Švecová, Lenka (advisor) ; Fotr, Jiří (referee)
This thesis is focused on decision models for decision making under risk and uncertainty. The thesis should give a comprehensive insight about individual decision criteria and the reader should form a clear picture about usability of these models for solving particular decision problems. The thesis tries to provide objective point of view to the reader with highlighting the advantages and disadvantages of each model. In the frame of decision making under risk, the thesis mentions the expected value rule, the rule of expected value and variance and the stochastic dominance rules. For the field of decision making under uncertainty, the thesis brings up the Laplace's criterion, the Hurwicz's criterion and Savage's regret criterion. The thesis further deal with the theory of expected utility. It brings up the method of construction of the utility curve, methods of usage and also known deficiencies of the theory when used in real world situations. In connection with utility theory, the thesis introduces the expected utility rule. For mapping future development, the thesis work with probability trees and explains their usability for modeling situations under risk and uncertainty. For all of the featured decision criteria, the work shows their applicative usage by using a prefigurative example. The reader should therefore know, how to proceed when using mentioned models for solving real decision problems.
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The definition of terrorism in international law
Sváková, Kristýna ; Bílková, Veronika (advisor) ; Šturma, Pavel (referee)
The definition of terrorism in international law The subject of this graduation thesis is to explore problem of defining terrorism in international law. Although it is very broad topic, the thesis has attempted to explore most of the questions this issue has offered. First of all, it examines reasones why define terrorism in international law. Further this study provides information about perception of the term terrorism in the past depending on the political and social conditions and about how the terrorist attacks influenced the effort to find the definition of terrorism. The thesis pays big attention to regional treaty in which terrorism is defined and uses it as a comparison basis for finding the elements of the definition, since regional international treaty law has achieved the biggest success in this area. However, in the last two decades successes have achieved on universal level, especially by the adoption of the International Convention for the Suppression of Financing of Terrorism, which is the first universal agreement binding defines terrorism. This study also introduces the latest development of efforts to create a Comprehensive Convention on the Suppression of International Terrorism, which is, unfortunately, no more than small. Given the decades-long efforts to define terrorism, the...
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Selection of top managers and specialists in co-operation with human resources consulting companies
Zsilinszky, Lenka ; Michalová, Lucie (referee) ; Vyskočil, Vlastimil K. (advisor)
The aim of this work is to introduce co-operation with external human resources consulting (HRC) companies in selection of top managers and specialists, and thus to help organisations in decision making whether to co-operate with them and suggest the best way of co-operation. The first chapter is dedicated to characteristics of manager, his added value for the company, role and competences. The second chapter describes two types of HRC companies (Recruitment Agencies and Executive Search firms) differing in methodology of candidate acquisition and selection. In this chapter is described as well the Assessment Centre as an objective tool for candidate selection. The third chapter comprehensively introduces the process of selection in HRC companies specialised to top managers search only (Executive Search). The fourth chapter indicates the main advantages and disadvantages of co-operation with HRC companies including recommendations of suitable rules for a smooth co-operation between the client and HRC companies.
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Carcassonne Board Game Artificial Intelligence
Černohub, Jan ; Lodrová, Dana (referee) ; Stružka, Jaroslav (advisor)
The aim of the thesis is to design, build, test and evaluate a virtual adaptation of popular board game Carcassonne for personal computers, including artificial intelligence algorithms for opponents. The core revolves around analysis of the game's rules, goals and gaming strategies in regards to general principles put forward by the game theory and probability, these also include description of chosen data format, procedural behavior and graphical user interface. Thesis concludes upon reflection on future possible development and improvement of the application in the areas of advanced artificial intelligence algorithms such as neural network programming.
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Měnová politika a ECB
Strejc, Daniel ; Klosová, Anna (advisor) ; Coniglio, Nicola (referee)
The thesis evaluates the ECB's monetary policy during the past decade by using policy rules and compares the suitability to particular members of the Eurozone. It examines the central bank's reaction function regarding the output and inflation. The work is divided into two main parts. First, gives the theoretical introduction of monetary policy and evaluation of the Eurozone regarding the theory of optimal currency area. In the second part it provides the econometric models and estimates. As a conclusion the results of two different OLS models show that, we cannot precisely decide to which variable the ECB reacted, as obtained two statistically significant models but with different results. For two models is used different variables GDP gap and IPI gap. The results have also shown that the ECB's monetary policy mostly suits to biggest economies within the Eurozone.
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Duty od Care of Members of Statutory Bodies in Capital Business Companies and its Relation to Internal Compliance Programs
Andreisová, Lucie ; Dědič, Jan (advisor) ; Boháček, Martin (referee) ; Lasák, Jan (referee)
The purpose of this dissertation is to provide its readers with a detailed and comprehensive look at the institute of duty of care, business judgment rule and related civil and partly also criminal liability of members of (not only) statutory bodies of capital business companies, and in this respect also to introduce an internal compliance program as one of the main instruments of good and effective corporate governance. The main objective of this dissertation is therefore to verify or refute the hypothesis whether, and if so in what particular form, can an internal compliance program be seen as an institute helping members of statutory bodies of capital business companies in fulfilling specific requirements and obligations of their duty to carry out the statutory function with due (managerial) care. The existence (implementation) of an internal compliance program is quite commonly connected with so called regulated markets and also with individual business corporations whose ownership structure extends the boundaries of the Czech Republic (typically British or American business corporations seated in the Czech Republic). But what about a wide neutral zone of Czech business corporations, i.e. especially small and medium-sized capital business companies? Shall these implement an internal compliance program as well? And, if so, on what grounds and with what benefits?
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Taylor rules and interest rate setting of the Czech National Bank
Hrachovec, Miloš ; Geršl, Adam (referee) ; Horváth, Roman (advisor)
This paper studies role of the so called Taylor rules in the complex procedure of interest rate setting. The Czech National Bank is described as the monetary authority in the Czech Republic, then optimal monetary policy and form of monetary policy rule is discussed, yielding conditions on the optimal rule. These conditions are then applied to the forward-looking reaction function of the Czech National Bank and the role of this reaction function within the Czech National Bank's monetary policy is addressed. Last section presents empirical estimates of a Taylor-like rule for the Czech National Bank and shows variability of possible utilization for the modified Taylor rule.
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Legalizace výnosu z trestné činnosti- mikroekonomická a makroekonomická perspektiva
Danková, Diana ; Šíma, Ondřej (advisor) ; Kováč, Michal (referee)
The primary objective of this diploma thesis is to comprehensively present the issue of money laundering not only on a macro level but also in terms of commercial bank and its microeconomic response to it. The main contribution of this diploma thesis is to identify the global indicators, which should be considered when drafting strategies in the fight against the legalization of proceeds from crimes. This diploma thesis addresses the changes caused by current globalization and highlights the dangerous effects it has on evolution of this consequent criminal activity together with evaluation of its potential in the future. Due to the tense situation in Europe caused by the series of terrorist attacks, part of the work is dedicated to the explanation of the relationship between terrorist financing and money laundering.
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