Suggestion of effective systém of management is based on knowing results of changes in entrepreneurial environment, knowing Tudory of autopoisesis, and analysis of chosen best practices organizations (business excellence, world vlase manufacturing).

The English version of this paper can be found at http://ssrn.com/abstract=2053674 Czech Abstract: Cílem tohoto článku je vložení problému zastoupení do širšího kontextu Nové institucionální ekonomie s důrazem na historické souvislosti. V první části vysvětluji historický...

The aim of the paper is to set the agency problem into a broad context of New Institutional Economics with an emphasis on historical connections. In the first section, I explain the historical evolution of basic theoretical concepts like the theory of firm, the theory of market process and the...

The article deals with definition of approach of managerial audit and its importance for development of SME. Managerial audit is not understood here like a personal audit but way of the evaluation of management of the firms. The interviews with managers of SME are the essence of the managerial...

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...

The aim of this paper is to analyze and systematic theoretical findings which are based on Porter´s Generic Chain of Values in regards to the area of supporting activities. Supporting activities were long time at the margin of interest, both social and economic. Today, they represent important...

The text describes the basic decision making task of trader concerning private labels - decision on building private label assortment in certain product category and decision on private label range in circumstances of limited space at trader´s disposal. The text works up (on basis of Direct...

This paper deals with the new strategies in management of innovations, particularly the strategy of differentiated complexity of innovations. It explains how to manage and apply rationalization innovations, incremental innovations and radical innovations. It is always necessary to apply proper...

The aim of this article is to inform about the application of modern approaches into management, mainly management of change. Modern approaches involve the application of some ideas of system theory, some ideas of biology, cybernetics and entropy.

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...