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Fate of privatized enterprises in the 1. wave of voucher privatization
Hlaváček, Jiří ; Ježek, Tomáš (advisor) ; Procházka, Pavel (referee)
This diploma thesis is aimed to map the development of the companies that have passed the first wave of voucher privatization from 1991 until 2013. Development of 988 companies has not been yet comprehensively examined. The aim is to determine the ownership structure, including the ability to find majority shareholders. The second part is focused on how many companies has been closed over the past twenty years and method of liquidation. Another finding is that two-fifths of companies have changed the form of shares to the documentary. Finally, the research focuses on delisting of shares from czech capital market. The last part is based on comparison of results of the two waves of voucher privatization and the main findings are very similar.
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Quantitative marketing
Ráčková, Adéla ; Hušek, Roman (advisor) ; Beck, Jiří (referee) ; Hlaváček, Jiří (referee) ; Tomek, Gustav (referee)
In my dissertation I am interested in the management of marketing cummunication and techniques which make this communication more effective. The main topic of this thesis is the optimization of marketing communication which is discussed from the theoretical point of view at first. Then a social network analysis improving additional and complementary information to predictive models related to customers' behaviour is a part of this thesis. The analysis of social network represents an approach which is used for study of social structure and the analysis of social linkage of individuals in a form of relational data is a subject of its interest. Models of binary choice are used to estimate predictive models, the main attention is dedicated to the logistic regression, further to the logit and probit models including discussion related to the possible use of models of multinomial choice. The mentioned techniques are combined in the application part. The telecommunication market is selected for case studies because it represents a dynamically developing market opened to new and fresh technologies and approaches. Three case studies are discribed in this thesis. The first study is focused on the optimization of proactive telemarketing campaigns realized with foreign telecom operator. The second case study is focused on the optimization of reactive telemarketing campaings what means the optimization of marketing communication in call centers in czech telecom operator. The third case study relates to the important change of czech telecom market which happened in April 2013 and to the role of predictive modelling and optimization in it.
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Institutional equilibrium in redistribution systems
Wawrosz, Petr ; Kadeřábková, Božena (advisor) ; Chytil, Zdeněk (referee) ; Hlaváček, Jiří (referee)
The topic of this thesis is institutional equilibrium, its formation and disruption in human systems. The thesis analyses what is common to the most human systems and concludes that it is some kind of redistribution. That is reason for the thesis title "Institutional equilibrium in redistribution systems". As the term institutional equilibrium comes from institutional economics, the thesis begins with characteristic institutional economy and its differences form mainstream economy, defines the term institution and methodological institutionalism and explains the reasons of institution evolution. Then, the problematic of redistribution is analyzed. The thesis brings a general model of a redistribution system and describes a coalition forming in it. The thesis concludes that such a process must be facilitated and regulated by institutions and that institutions define the negotiation strength of the players and stabilize their position. In a fourth chapter, the term of institutional equilibrium is defined and its preconditions and consequences are described. Factors preventing the redistribution system from reaching the equilibrium are shown. The analysis of institutional equilibrium formation follows; the open and closed systems are addressed separately, with the emphasis being put on open systems. In open systems, the creative destruction process in ever-present, disrupting the institutional equilibrium. Therefore, a question is posed: may there be such a structure of institutions which will stay unchanged despite the ongoing exogenous changes? Or, more precisely, the change of which will not be in the interest of the players? The thesis finds that the preconditions for institutions system facilitating the institutional equilibrium are investments into skills of the players and the open access into the system. The thesis also shows that such preconditions help to reduce undesirable redistribution. The fifth chapter analyses parallel redistribution games as one of the specific way of disturbing institutional equilibrium. The parallel redistribution games have secret character; their players do not want the other players to know about their game, because their game breaches the norms of the majority of players. The parallel redistribution games may be characterized as a form of opportunistic behavior. The thesis investigates the causes of these games, the reasons why they remain uncovered and the strategies of their players. Eventually, the conditions under which the parallel games may be reduced are formulated. The institutions must fulfill these conditions as well. In the end, the institutions structure capable of introducing the redistribution system into the institutional equilibrium state is defined.
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Labe IV: Teorie modelování a monitorování a její využití v praxi
Povodí Ohře ; Povodí Labe ; Výzkumný ústav vodohospodářský T.G. Masaryka, Praha ; Balvín, Pavel ; Štefelová, Bohdana ; Kokeš, Jiří ; Hájek, Radvan ; Hlaváček, Jiří ; Pobříslová, JANA ; Hancvencl, Rudolf ; Čurda, Stanislav ; Tachecí, Pavel ; Bubeníčková, Libuše ; Kulasová, Alena ; Blažková, Šárka
Zpráva obsahuje jednotlivé články, které popisují vývoj projektu: Zavedení vlivu geologie při vyjádření nejistot v transmisivitě, Fuzzy systém pro zahrnutí experimentálních dat do vyhodnocování věrohodnosti simulací, Rozbory vody při havarijních epizodách, Vzorkování srážkotvorných epizod v povodí Jizery, Kontinuální sledování dusičnanů v povodí Jizery, Výpočet rychlostí vody v Labi mezi Valy a Lysou, Makrozoobentos v povodí Jizery, Posouzení vlivu nejistot v konsumční křivce na modelování mimořádných situací.
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Influence of government bonds on private investment in Czech republic
Hlaváček, Jiří ; Dočkal, Dalibor (advisor) ; Štěpánek, Pavel (referee)
This work is an analysis of the crowding out effect caused by issues of governmen bonds in small open economy - in this case in Czech republic. Issue of bonds is for government one of possible solutions to budget deficits. There is no integrated opinion on the effect, which issues of government bonds have on private investment, in the theory. If the economy is not fully open, it can be crowd out. On the one hand neokeynesian Mundell-Fleming model talks about decrease of level of net exports. On the other hand the neoclassical by R. Barro developed Ricardian equivalence says, that private consumption will decrease in the reaction to budget deficit. Mundell-Fleming model is presented as an traditional theory and the Baroo's theory is refused. Empirical study in this work can this opinion validate or disapprove by observation of trends of budget deficit, issues of government debt, interest rates and private investment in Czech republic.
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