Typical requirements for investment units export financing are high capital, specialized financing and export banks that are associated with insurance agencies. Investment units export financing is often accompanied with various long term investment risks and payment risks. Foreign exchange...

Firm’s financial resources must be characterized in other way than resources included to liability of balance sheet. Financial resources are created by total receipts, increase of equity and debt capital, subsidies and leasing. Internal resources of firm include not only its profit, but total...

TNCs get more and more influence in economy of individual countries. They take the principle place in global economy. The article deals with the TNCs role in country’s economy. It draws attention to their positive and negative influence. Attention is paid to goals and specific features of...

Investment appraisal methods by using of discounted cash flow have been more often applied to firm’s projects evaluation in developed countries and also in Czech Republic. However at their application in practice various errors are often observed which unfavorably influence on quality of...

From theoretical point of view net present value is the best technics for investment project evaluation. Internal rate of return is not able to solve situations with non-conventional cash flows and with mutually exclusive projects. Modified internal rate of return is more universal criterion. It...

The paper deals with budgeting of building firms. Firstly, factors determining character and structure of building budget are described. Secondly, basic types of building budgets are distinguished and their drawbacks are identified. Finally, the attention is devoted to invoicing of building...

Payback period is not suitability criterion for evaluation great part of investment projects and also for creation guaranteed redemption price of energy. It ignores time factor and also cash flows after the cut-off date. For projects with greater internal rates of return and with longer economic...

The paper briefly summarizes different capital structure theories of firms. It also informs about the results of last analyses dealing with capital structure rate of debt determinants. It arrives at a conclusion, that these analyses confirm necessity of multi-criteria access to choice of capital...

Objective of the article is the analysis of gross fixed capital formation in CR, investment rate and efficiency of investment during 2005–200. Different modification of investment rate is used. Efficiency of investment is observed by ICOR. Investment rate, efficiency of investment and saving...

The paper deals with special long-term financial management problems. Attention is devoted to development (in theory and in practice) of investment decision-making process, long-term financial sources and state financial support of firm investment including public private partnership.