This thesis investigates whether there has been an improvement and convergence of productive efficiency across European banking markets since the creation of the Single Internal Market: it examines the main European banking systems between 1993 and 1997 and estimates the efficiency characteristics of these markets by employing nonparametric estimation techniques, in the form of Data Envelopment Analysis (DEA) and the Free Disposal Hull (FDH) approach. In addition, this study also evaluates the productivity change across banking markets employing the Malmquist Productivity Index (MPI). Using efficiency measures derived from DEA estimation, it also evaluates the determinants of European bank efficiency using the Tobit regression model approach. Finally, this thesis extends the established literature on modelling the determinants of bank efficiency by recognising the problem of the inherent dependency of DEA efficiency scores when used in regression analysis. To overcome the dependency problem, a bootstrapping technique is applied. Overall, the results suggest that since the EU's Single Market Programme there has been a small improvement in bank efficiency levels, although there is little evidence to suggest that these have converged. The results also suggest that inference on the determinants of bank efficiency drawn from non-bootstrapped regression analysis may be biased and misleading.

Subject of diploma theses "Points of Single Contact and their benefits to entrepreneurs" is to evaluate the contribution of activities Point of single contact for businesses, imposed by the Directive on services to help entrepreneurs doing business in the single market of the European Union. The work pursues the development of the internal market in particular freedom to provide services, describes how successfully the Services Directive is complied and how Points of Single Contact operate.

There is a relation between financial analysis of a company and the economic and legal environment of its registered place of business. The financial analysis is based on the financial reports reflecting the requirements of the national or supranational system of financial accounting. The creation of the single internal market of the European Union leads to harmonization of the financial accounting and reporting of the individual member states. The companies residing in the Czech Republic are obliged to make out the annual closure of accounts in compliance with the Czech Accounting Standards that reflect the requirements of the 4th directive of the European Communities. Under particular circumstances they also make out the closure of accounts in compliance with the International Accounting Standards IAS/IFRS reflecting the requirements of the International Standards Regulation adopted by The European Communities. Among such companies there belongs a subsidiary, T-Mobile Czech Republic, of which the financial analysis can be carried out based on the two different accounting standards. Finding out to what extent the conclusions of the analyses differ is the main task of the diploma thesis.