This paper describes the process of open-ending of investment trusts and closed-end funds in the Czech Republic. The investment trusts were created in 1991 and 1992 during the Czech privatisation process as the only means of collective investing. In the mid-1990s the Czech market place was...

This article aims to compare and contrast the available empirical evidence concerning the capital structure of Polish, Czech and Russian companies. This is an intriguing research area due to the fact that the Czech and Polish economies began their transition to the market economy...