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Evaluation of the Economic Level of the Czech Republic and Other Countries
Tabery, Paulína
The current economic level of the Czech Republic is seen rather positive (64%) than negative (35%). In comparison to other nine countries included in the survey, the Czech Republic took the third place ahead of all post-socialist countries; the first and second position is occupied by Germany and Austria. Compared to the previous survey in January 2008, the evaluation of the economic level of the Czech Republic has not changed.
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Development of Logistics centers in Czech Republic and Slovakia
Mihoková, Andrea ; Pernica, Petr (advisor) ; Jirsák, Petr (referee)
The contribution of diploma thesis is to clarify what the logistics center actually is, its function, role, providing services and bringing benefits not only to economic but also non-economic entities in its vicinity. Start of construction of logistics centers occurred in the Czech Republic and Slovakia at different times, which could be caused by many different factors, but we can simply say that the construction was started with the arrival of foreign investors in the market and lack of storage and distribution network here in the meantime occurring. Central European market is still due to relatively cheap labor attractive place for the construction of logistics centers for investors, because of this there is still the ongoing construction. Market Characteristics of Czech Republic and Slovakia is primarily focused on describing the situation in both markets, layout of logistics centers in countries and also the performance of developers operating in the market. Development of the construction of logistics centers in both markets can be divided roughly into three periods-the pre-crisis known as boom years, a period of financial crisis and post-crisis period marked as the revival phase.
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ACQUISITIONS & MERGERS in Strategic Management
Mackenzie, Iveta ; Vacík, Emil (advisor) ; Fotr, Jiří (referee) ; Jáč, Ivan (referee)
Acquisitions & Mergers, a tool of strategic management, that is the basis of my research. The first question that my research addresses is the acquisition activity in the European Union. The acquisition activity is shown at two levels. In the basic level the numbers of transactions in each country were compared according to freely selected criteria. In the next level, the research deals with the existence of a relationship between the acquisition activity and macroeconomic indicators. The research study presents in detail three new economic indicators for comparison of acquisition activity: M-total, M-score, M-index. The second question that my research addresses is the percentage of successful and unsuccessful deals in the Czech Republic. My research evaluating acquisitions & mergers is based on the financial results. Financial results are looked at from three aspects according to how they may benefit specific interest groups: owners, creditors, employees. The next issue is a verdict on which firms, in terms of financial results in the pre-transaction period, have potential for successful development in the post-transaction period, and which seem to have no potential. The research study presents in detail the new method for acquisitions & mergers evaluating: Acquisition Value Analysis.
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Irrationality in the decision- making of an individual as an economic entity in the territory of the Czech Republic
Böhm, Tomáš ; Zeman, Martin (advisor) ; Babin, Jan (referee)
The main objective of this thesis is an in-depth analysis of the decision-making process on issues of economic nature for individuals in the Czech Republic. The degree of rationality occurring in consumer behavior is evaluated based on lessons learned. The theoretical section is concerned with the economic aspect of the decision-making process, which mainly includes knowledge of neoclassical theory, whose basis is the cardinal and ordinal concept of utility maximization. Subsequently there are introduced the alternative approaches to decision making, focusing on the subjective aspects of human reasoning. Using the mutual synthesis of these approaches, the author draws a term behavioral economics, specific elements of which constitute a substantive content of the whole work. The practical section verifies the hypothesis that the decision-making contradicts the theory of rational individual conduct. Data collected through the questionnaire is subjected to analytical procedures by which the stated hypothesis was verified.
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European monetary union and debt crisis
Varga, Dušan ; Witzany, Jiří (advisor) ; Baran, Jaroslav (referee)
Diploma thesis aims to offer explanation of reasons that triggered sovereign debt crisis in European monetary union (EMU). Theoretical part describes EMU development since its very beginning and day to day operation, role that ECB plays in the system and most frequently used monetary policy operations by ECB. Practical part is concerned in pre-crisis macro economical development in countries that suffer the most, Greece and Ireland and represent 2 main models how to run into a difficulties and forced to use support of international institutions as ECB and IMF. Scope of diploma thesis is to analyze macroeconomic development, current situation and discuss possible scenarios to solve existing situation and their impact on future of ECB.
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Cultural differences and women in business
Pavelová, Nina ; Müllerová, Františka (advisor) ; Oravkin, Silvia (referee)
This thesis deals with the issue of cultural differences and women in business. The goal is to, based on the division of the world into seven cultural units, present a global perspective on women's position in society and their percentage in managerial positions in selected countries representing different world cultures. The thesis is divided into three main chapters. The first is the theoretical introduction to culture and comprehensive picture of the cultural diversity of the contemporary world. The second chapter discusses the role and status of women in the world, again in terms of world cultures. The third final chapter is an analysis of women in business in selected countries of the world's cultures; the goal is to determine the relationship between the status of women in society and the possibility of her career advancement.
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The development of government debt in the Czech Republic from 1993 to 2015
Zeman, Mikuláš ; Klement, Josef (advisor) ; Vebrová, Ludmila (referee)
The aim of this bachelor thesis is to analyse the development of government debt in the Czech Republic from 1993 to 2015 with respect to the development of revenues and expenses of national budget as well as the development of macroeconomic indicators. The thesis is focused on evaluation of the economic policy of respective governments during the period and assessment of the effect of political reasons on the development of government debt. It also comprises a comparison of the situation in the Czech Republic with the situation in certain post - communist states. The theoretical part describes main notions the thesis deals with. Eventually it presents thoughts of selected economists on the economic policy. The practical part carries out analysis of the development of government debt in respective periods focusing on revenues and expenses, and the development of selected macroeconomic indicators. Evaluation of the economic policy of respective governments is also included. In its conclusion the thesis assesses an effect of political reasons on the amount of the government debt in view of relevant theories and hypotheses. The analysis showed that under the studied circumstances only one of the hypotheses became evident, namely that a weak position of the government leads to remarkable budgetary deficits.
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Media scene in region of Kladno in 1990-2000
Vyhnanovský, Ondřej ; Köpplová, Barbara (advisor) ; Lysoňková, Lenka (referee)
During past era, Kladno and its surrounding area was an industrial district. Local development started at the end of the 18th century in connection with the discovery of coal seams. With the establishment of steelworks, massive growth of the entire region began in second half of 19th century. An increase in the population brought the need for an effective means of communication and this in turn resulted in this development of local media. Although local development had started late, Kladno quickly caught up with rest of the country and became really important nationally. During what was called "First Republic," there were many types of media but the most important was the labour-press. It was most evident with the social riots and general strike in 1920. World War II interrupted media publishing and the future situation in Czechoslovakia was not positive. After communist control of the country in 1948, media development stagnated. All officially published titles were leftist. The local media scene also produced some national mass- media that promoted political authorities. Another opportunity for media growth came following the "Velvet Revolution" in November 1989. Small and private publishers launched their own media projects but at the end of 20th century, most of the influential print media were owned by...
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Fiscal rules in selected EU countries between 2004-2015: sensible method for consolidation of public finances or fad of politicians?
Veselý, Lukáš ; Strejček, Ivo (advisor) ; Chmelová, Pavla (referee)
The subject of fiscal rules is very topical issue. The rise of public debt in certain developed countries resulted in what is sometimes called "debt crisis". Debt of those countries which is higher than their annual gross domestic product is viewed as unpayable by some economists. The main objective of this thesis has been to prove or disprove hypothesis that the fiscal rules studied in this paper are an effective solution for public finance consolidation. This verification was based on the analysis of fiscal rules functioning in selected countries between 2004 and 2015. As per results of analysis the paper aims to give recommendations for the Czech financial constitution proposal. The actual results of inquiry proved the hypothesis. Well-chosen fiscal rules are the right way towards fiscal consolidation, provided they are observed. Fiscal rules making thus requires an emphasis to be placed on the well-formulated exit clauses altogether with prospective sanctions. The current Czech financial constitution proposal is built on the correctly picked fiscal rule type, although the reference value lacks economic sense and it would not lead, with a high degree of probability, towards fiscal consolidation.
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