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Gender board diversity and its impact on firm performance in the Czech Republic
Černík, David ; Janský, Petr (advisor) ; Dvořáková Švejdová, Lenka (referee)
The purpose of this study is to examine the extent of gender inequality on boards of joint-stock companies and the relationship between gender diversity on board of directors and the return on assets in the Czech Republic. Using a panel data set of 204 Czech companies of various sizes over the years 2003 - 2011, we discovered that women are considerably underrepresented on corporate boards and that the gender board diversity has not significantly changed over the observed time period. The results of regression analysis showed a non-significant effect on return on assets for all our gender diversity measures, even after we accounted for endogeneity of the gender diversity variable in the form of fixed effects method and two-stage least squares estimator. Economic justification of potential legislation that should force the companies to appoint more women into board positions was therefore not found. Moreover, if companies account for underlying cost of implementing such measures, firm performance might be negatively affected in the short term. 1
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Association of Unit Owners
Koblížková, Hana ; Žák, Květoslav (advisor) ; Spirit, Michal (referee)
This thesis deals with issues of ownership and co-ownership of residential and non-residential premises, particularly with the legal regulation of the association of unit owners. The first chapter describes the association of unit owners as a special type of a legal person, and the procedure of its formation and its liquidation. The second part is devoted to the bodies of the association, to their competencies and decision making. The third and the fourth chapter describe the activity and the economy of the association and the rights and duties of unit owners. Following the results of a survey, the last part of the thesis deals with the functioning of associations of unit owners in real life and with the observance of legislation by associations.
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Bodies of corporations
Lukašík, Jan ; Češková, Marie (advisor) ; Koucká, Jiřina (referee)
The main aim of this thesis is to provide a brief but comprehensive overview of the structure, purport and function of the bodies of corporations as well as of the relations between them in the legal system of the Czech Republic. The bodies concerned are those of a public company, special limited partnership, limited liability company, and joint stock company. Bodies of specific transnational corporations are mentioned as well, bodies of cooperatives (both national and European) are left out. Practice of the Supreme Court of the Czech Republic is mentioned too. However, regarding it's extent, this thesis does not purport to be an all inclusive material dealing with all the individual aspects of the multidimensional phenomenon of the bodies of corporations.
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