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Impact of the Openness of Public Tenders and Traceability of the Beneficial Owner on the Price of Public Procurement
Stehlík, Petr ; Ochrana, František (advisor) ; Nemec, Juraj (referee) ; Pavel, Jan (referee)
The aim of this thesis is to analyse factors that contributes to public procurement overpricing in the Czech Republic. The paper combines use of quantitative and qualitative research methods. Existence of competition effect is proved, thus increase of competitors in selection procedure causes that final price decreases. Non-transparent suppliers in terms of traceability of beneficial owner is detected as next factor that contributes to overpricing. Also some types of contracts are showed as more problematic than others. Results of qualitative part of the research reveal other causes of overpricing, such as corruption, weak institutional environment or behaviour of public authorities. Public policy recommendations are presented at the end of the paper in order to improve current state of affairs.
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Impact of the Openness of Public Tenders and Traceability of the Beneficial Owner on the Price of Public Procurement
Stehlík, Petr ; Ochrana, František (advisor) ; Nemec, Juraj (referee) ; Pavel, Jan (referee)
The aim of this thesis is to analyse factors that contributes to public procurement overpricing in the Czech Republic. The paper combines use of quantitative and qualitative research methods. Existence of competition effect is proved, thus increase of competitors in selection procedure causes that final price decreases. Non-transparent suppliers in terms of traceability of beneficial owner is detected as next factor that contributes to overpricing. Also some types of contracts are showed as more problematic than others. Results of qualitative part of the research reveal other causes of overpricing, such as corruption, weak institutional environment or behaviour of public authorities. Public policy recommendations are presented at the end of the paper in order to improve current state of affairs.
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Bribery and Overpricing in Public Procurement - The Case of The Czech Republic
Stehlík, Petr ; Ochrana, František (advisor) ; Witz, Petr (referee)
The aim of this thesis attempts to analyse two concepts connected with public procurement overpricing, competition effect and non-transparent effect. Dataset consists of 326 public procurement contracts. Existence of competition effect is proved, thus increase of competitors in selection procedure causes that final price decreases. Open types of selection procedures are also cheaper for public authorities. Analysis of non-transparent effect lies in possibility to find beneficial owner of each winner of selection procedure from public sources. Results show that companies with clear and visible owners realize public contracts cheaper than their non-transparent competitors. Findings are also discussed in public policy approach.
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Bribery and Overpricing in Public Procurement - The Case of The Czech Republic
Stehlík, Petr ; Ochrana, František (advisor) ; Witz, Petr (referee)
The aim of this thesis attempts to analyse two concepts connected with public procurement overpricing, competition effect and non-transparent effect. Dataset consists of 326 public procurement contracts. Existence of competition effect is proved, thus increase of competitors in selection procedure causes that final price decreases. Open types of selection procedures are also cheaper for public authorities. Analysis of non-transparent effect lies in possibility to find beneficial owner of each winner of selection procedure from public sources. Results show that companies with clear and visible owners realize public contracts cheaper than their non-transparent competitors. Findings are also discussed in public policy approach.
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