A strategy analysis of former development and present strategic position of ČEZ, a.s. is made in this diploma thesis. There were used such analysis as PEST, Porter's 5F model, 4C, SWOT and internal analysis. On the basis of my analysis I formulate conclusion.

The thesis estimates the value of equity per share of the company Chart Ferox, a.s. for informational purposes of shareholders and management. The valuation is done through the DCF FCFE model. Prior to the financial plan and the valuation itself, the theses provides financial and strategic analysis of the company.

Using modern methods of share quotations forecasting is the main goal of this thesis. The special accent is placed on forecasting the trend by means of artificial neural network especially on the optimalization of variables in the training process. Elliot's wave theory is applied in the second part of the thesis, particularly on prediction of future share quotation progress. Buying or selling signal generated by these two methods is consequently compared with ex-post signal yielding a profit. Lastly, successfulness of using these methods for forecasting at stock market is evaluated.

I decided to dedicate my thesis to current crisis and to scrutinize reasons of the current crisis initiation. There is a theoretic point of view to the current crisis, in the first paragraph. Next paragraph has been dedicated to a scrutiny one of the previous crisis -- especially economic depression of the thirties. Following part is dedicated to the comprehensive September 2008 research and to the situation graduated afterwards. Last but not least has been described the position of International Monetary Fund. Main world market indexes have been scrutinized at the very end of the thesis, data have been compared and the results have been stipulated. There has been a complement in the thesis about the possibility for future development of the situation in real economy, as well as on the financial markets.

Mergers and acquisitions belong to the most used terms in today's economic environment. The reason why is obvious. The optimal allocation of company resources is becoming more and more important and the merger is currently one of the instruments which can support the advantages of synergic effect and can help the companies to be more competitive at the global market. Mergers are proceeding both at domestic and international level and hence it is important to have a clear law in this area. Membership in European Union determines a legal treatment of mergers in the Czech Republic which means that the relevant European regulations need to be implemented into the Czech legal code. This diploma thesis objective is to partially introduce the merger issue in the Czech law and to use the real examples to show some selected implications of the merge processes. Just the real examples illustrate how difficult the merge processes are and how many necessary steps need to be accomplished to successfully merge two or more companies and enter the merger into Czech Trade Register.

The goal of the thesis is to analyse and coherently describe a branch that haven't been sufficiently described in professional literature yet. To reach this goal thesis uses author's experience with specific share server development and operation and puts it as an example on which it explains all the important attributes and dependencies. Diploma thesis is aimed to an issue of internet file sharing. In it's first part it describes file sharing in general including history of internet file sharing. Two case studies of the most popular but different share servers follow. The thesis aims on business, technical, social and legal aspects of file sharing using share servers. In it's practical part the thesis aims on the specific share server project and especially cares of process, business, technical and user aspects. Within the process part running processes and their meaning for the whole share server project are analysed. The business part describes the dependencies of profit and costs components on individual variable attributes of share server system a it's environment. The technical part focuses on hardware, software and network devices from which share server is composed. In the part which focuses on the user interface and usability author critically evaluates the actual state of share server's website and describes possible improvements especially in the area of usability. In the last part of the thesis author evaluates the current state of share servers branch and estimates it's future development.

Focus of this master thesis is to summarize and compare the legislation of shares in Czech Republic and England. The systems are compared from a general point of view at the beginning of the work.

Much has been written, by academics, about the impact sponsorship announcements have on the share price performance of sponsoring firms. The objective of this study was to investigate if this phenomenon was true for JSE listed companies with particular focus on three announcement categories i.e. (i) new, (ii) renew and (iii) termination. The Efficient Market Hypothesis as an aspect of Investment Finance behaviour was explored to understand why sponsorship announcements would or would not have an impact on the share price performance. For this study, descriptive research was done with a causal design as the study tested the relationship between two or more variables. The study analysed 118 sponsorship announcements made by 19 JSE listed companies over a period of eleven years and five months. The study then assessed the share price performance for the period 120 days prior to and 120 days after the announcement date. The share price holding periods were adjusted for that of the average Financial Services (J212) Index, the Industrial (J212) Index and the Resources (J258) Index respectively to ascertain whether the returns were abnormal or not. The results have shown that there were no evidence that the announcement of a (i) new, (ii) renewed or (iii) terminated sponsorship do have a significant impact on the performance of share prices for JSE listed companies. / Dissertation (MBA)--University of Pretoria, 2012. / Gordon Institute of Business Science (GIBS) / unrestricted

This study examined the impact of open-market stock repurchases by Real Estate Investment Trusts (REITs) on the share price of the featured company. Two aspects of investment finance are rational behaviour and efficient markets. Both of these concepts were explored to understand why a share repurchase would have an impact on a company share price.Causal research was conducted to analyse the correlation between a share repurchase event and the share price of the featured company. The share buyback announcements were collected from the Bloomberg database. The holding period returns were calculated and compared to zero to analyse whether there was any momentum or contrarian signals. The holding period returns were also adjusted for the average of the all REIT index to ascertain whether the returns were abnormal or not.The results have shown share repurchase transactions to be contrarian indicators of share price performance. Even when the results were adjusted for the REIT index, the negative returns continued. / Dissertation (MBA)--University of Pretoria, 2012. / Gordon Institute of Business Science (GIBS) / unrestricted

Diante de um cenário automobilístico que consiste em uma busca incessante por reduções de custos e de tempo para um projeto a importância da simulação digital se destaca de forma contundente pois permite a antecipação de problemas bem como implementação de ações para resolvê-los ainda durante a fase digital, o que remete a uma redução de custos e de tempo. Um dos principais objetivos das montadoras a cada lançamento de um novo veículo é a manutenção e incremento das vendas, não levando em conta somente a divisão de mercado que cada montadora possui, mas também a quantidade real de carros que cada montadora vende. Com o cenário competitivo e a necessidade de aumentar o número de carros vendidos, faz-se necessário o desenvolvimento de novas tecnologias para redução de tempo e de custos necessários para realizar um lançamento de um veículo. Uma técnica rotineiramente utilizada dentre as montadoras é de produzir em um país um veículo que já é produzido em outro país, porém para que isso ocorra com sucesso, faz-se necessário um estudo mercadológico para identificação de possíveis modificações necessárias para atender não somente a legislação vigente do País, mas também as necessidades desse novo mercado. Para conseguir programar essas modificações necessárias nos produtos e garantir um lançamento mais enxuto tanto em tempo como em custos, o uso de ferramentas computacionais passa a ser cada vez mais utilizados. O objetivo do presente trabalho é a verificação dos resultados na prática da utilização da metodologia de simulação digital não mais focada no desenvolvimento do processo e sim no desenvolvimento de uma adaptação necessária ao veículo, porém sem perder a sinergia com o processo já desenvolvido e implantado em outra planta do grupo. Foram obtidas significativas reduções de tempo e de custos devido à utilização desta metodologia, e com os resultados obtidos é possível auxiliar no planejamento da modernização de um veículo já existente, buscando-se alternativas para diminuição do tempo de lançamento, bem como no estudo de diversas possibilidades de produto para minimizar os impactos financeiros no desenvolvimento posteriormente do processo. Para o teste computacional, foram utilizados os softwares comerciais de simulação Catia e Process Designer. Este estudo delimita-se a aplicação do conceito de simulação digital na implementação de um projeto na unidade de Taubaté, cidade do Estado de São Paulo. / One of the automakers main goals in each new vehicle launching is to keep and increase sales, always focused not only in the market share, but also increasing the number of vehicles sales. In addition to this situation, there is also a more competitive market, with more automakers offering more variety and modern cars, with these challenges the automakers need to develop a new manner to reduce the vehicle launch timing and costs. A method already used among the automakers is to produce in such country a vehicle that is already assembled in another country, but to succeed it is required a marketing analysis to identify possible required modifications to accomplish with not only legal aspects but also the needs of the new market. In order to execute those product modifications and guarantee a leaner launch regarding timing and costs, the automakers start using computational tools to achieve this goal. The present study has the objective to share the results of using digital simulation methodology, when used to make the vehicle improvements to sell these cars on the domestic market, focused in product engineering, keeping the synergy with the process already developed and installed in any other country. It was achieved relevant results regarding development time and cost reduction with this methodology. To the computational tests, it was used the softwares catia and process designer. The obtained results may be used to better plan the modernization of an existing vehicle, seeking for alternatives to reduce the launch timing, as well checking the different product possibilities to minimize financial development impacts after the launch process.