Czech Abstract: Cílem příspěvku je odhad doby přežití českých společností z odvětví dopravy. Doba přežití vybraných společností je stanovena na základě modelování časového intervalu mezi založením firmy a jejím bankrotem, a to s použitím vybraných...

Income valuation is a fundamental valuation approach. One question still open is the discount rate calculation. One factor impacting the discount rate is a capital structure. Nevertheless, the structure has to be in market values. It means that the knowledge of the result is a precondition for...

The objective of this paper is expose the methodology and the indicators of productivity movement in the manufacturing subsystem and his influence on the EVA (Economic Value Added) of the enterprise. In order to measure the contemporary value concept of production, it is necessary to construct...

Economic crisis represents an important challange for the business sphere of the Czech Republic. For firms it is an objective cause of restructuring and streamlining business processes and of boosting adaptability to changes. The aim of the primary research realized within the research purpose...

This paper presents the basics of the Transaction cost theory (TCT) and shows it's contribution to the Theory of the firm by the view of the new institutional economics. In the first part, author presents resources and presumptions of the TCT mainly by O. E. Williamson. The theory is based on...

The modern development of Corporate Systems and innovations (realistic) in the economic production criteria, as compared to traditional criteria, supported largely by optimum operating conditions. In order to measure the contemporary value concept of production, it is necessary to construct an...

The dramatically growing disproportion between the value of corporate assets and market valuation has resulted in a well-researched schism between strategic management and financial theory. Options theory provides a potent tool to resolve this issue. We propose a model which is consistent with...

An unexpected loss created due to outdated calculation methods can be avoided through contribution margin calculation. Contribution margin are great for sophisticated monitoring of up-to-date situation in the company and as well it provides much better information than the accounting system....

This paper focuses on the background research, development, and practical application of the Integrated Performance Measurement Systems and the associated audit methods. The research aims to explore the hierarchical structure and performance indicator relations, and to examine referential model...

The theory of corporate finance considers taking decisions on implementation of IPOs as one of the most significant decision-making issues in the company's lifecycle. At the moment, there are a number of partial decision models whose authors define the criteria that are considered to be crucial...