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...

Kontrakcia svetovej ekonomiky bude mať výrazne negatívny vplyv na všetky oblasti života spoločnosti. Sú hospodárske krízy predikovateľné? Ex post štúdie nasvedčujú, že skôr nie. Je možné odhadnúť riziko a pravdepodobnosť vzniku krízy, avšak nie čas ich skutočnej...

The paper is concerned with the famous study "The Protestant Ethic and the Spirit of Capitalism" (1904/1905) by Max Weber. It analyzes both main content and context of this work. It is shown that the main idea of the "Protestant Ethic" is not originally one of Weber, but it was taken over from...

The article presents initial empirical findings about corporate reorganizations ordered in 2010 (with cut-off date as of March 2011), the third year after the coming into force of the new Czech Insolvency Act. These findings are compared to similar findings made in relation to the period...

The description of contemporary application of Corporate Governance principles in Czech companies. The prezentation of Corporate Governance decision steps. The definition of Corporate Governance individual practices in Czech companies. Presentation of future system development of Corporate...

This paper uses new firm-level data to examine the effects of breakups of the Czech firms and their subsequent privatization on corporate performance. Unlike the existing literature, which analyzes breakups almost exclusively in advanced economies, we control for accompanying ownership changes...