RESUMÉ WAYS OF THE SOLVING OF THE BANKRUPTCY IN THE "FIRST-REPULIC ERA" This work offers close look on the ways, in which bankruptcy was solved in Czechoslovakia between both World Wars. This period was very interesting from social and economic point of view. During this time was rise substituted by recession. Except from this, with the formation of the independent state a great normative effort was on the rise too. Problems of solution of bankruptcy in so called "first-republic era" are introduced by brief description of historical development, which is mentioned to remember some elementary legal institutes, on which the bankruptcy law is based up to these days. During the work on this text of lead experts of the period in this branch were critically compared in order to realize the positives and negatives of the then regulation in the view of the praxis due to their opinions and possible conflicts as well as the way, in which the juristic theory and normative might reacted on the practical problems and public meaning. Studying of the Explanatory memorandum for the bill of the Act No. 64/1931 Coll., on bankruptcy, composition and resistance, helped a lot in this effort. The analysis of this Act is the axis of the work. Both the mentioned Act and the former Austrian regulation were compared as well as the...

In tried to describe a rescue principle in Czech bankrupcy law in this work. I mean reorganization as a solution of the bankrupcy. I describe economic motivations of the single participants of the insolvent process in this work. I also describe priciples of this process. I try to ilustrate these principles on the instant case of bankrupcy. I picked up Sazka a.s. purposes. I made financial analysis of this company. I define key problem which went this company bankrupt. I focused on the biggest financial aces in this process and their moves. I tried to foreshow further development at the end.

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The mainstream quantitative models in the finance literature have been ineffective in detecting possible bankruptcies during the 2007 to 2009 financial crisis. Coinciding with the same period, various researchers suggested that sentiments in social media can predict future events. The purpose of the study was to examine the relationship between investor sentiment within the social media and the financial distress of firms Grounded on the social amplification of risk framework that shows the media as an amplified channel for risk events, the central hypothesis of the study was that investor sentiments in the social media could predict t he level of financial distress of firms. Third quarter 2014 financial data and 66,038 public postings in the social media website Twitter were collected for 5,787 publicly held firms in the United States for this study. The Spearman rank correlation was applied using Altman Z-Score for measuring financial distress levels in corporate firms and Stanford natural language processing algorithm for detecting sentiment levels in the social media. The findings from the study suggested a non-significant relationship between investor sentiments in the social media and corporate financial distress, and, hence, did not support the research hypothesis. However, the model developed in this study for analyzing investor sentiments and corporate distress in firms is both original and extensible for future research and is also accessible as a low-cost solution for financial market sentiment analysis.

I prepared a diploma thesis on the topic of financial analysis of Subterra company. In the theoretical part, I focused on its substance, data sources, users and methods of financial analysis. In the practical part I have prepared an external financial analysis of Subterra company, in the years 2004 - 2008.

The reorganization process, which was introduced in 2008 under the Insolvency Act, is a relatively new element in our legal system. In insolvency law it represents the financial rehabilitation principle in solving the problem of corporate insolvency. This thesis deals with the specific case of reorganization of a company Technistone, a.s., the only manufacturer of engineered stone in Central Europe. I consider this topic highly relevant, since the advent of the global economic crisis of recent years, many companies faced a similar crisis as Technistone, a.s..

The diploma thesis deals with risk assessment during personal bankruptcy and risks resulting from frequent borrowing and indebtedness. The aim is to propose measures to reduce the risks.

Four essays, or chapters, model the capital structure, governance, and investment decisions as part of a sequential game. Each chapter is separate in its context, assumptions, and conclusions. The titles of the chapters are below. Abstracts of each essay or chapter can be found at the beginning of each chapter. The titles of the chapters or essays are as follows: I. Managerial Ownership with Rent-Seeking Employees, II. Financing Professional Partnerships, III. Sunk Cost Efficiency with Identical Competitors, and IV. Business Stealing and Bankruptcy. With the exception of Chapter III, which is meant to complement Chapter IV, these essays argue that the structure of financial contracts can affect the real behavior of firms. The first chapter argues that financial governance policies affect the behavior of rank-and-file employees. In Chapter II, the governance and capital structure of professional service firms affects clients’ expectations of the firm’s quality. In Chapter IV, the enforcement of financial contracts by bankruptcy courts affects the number of firms that enter and exit the industry.

The main target of this graduation thesis is to make an analysis of economic actvities of parent company and subsidiary company. The financial situation of this two companies is compared. The main emphasis is placed on the standard data of economic activities along with the less frequently declared informations. The analysis is made for both companies in the years 2012, 2013 and 2014. In the first part of the thesis are theoretically defined financial analysis, bankrupcy and creditability models and semi structured interviews. Subsequently are both of companies presented and there is also the description of their relationship. This area is also complemented by a comparison of the subsidiary company and the parent company and the development of selected items of the financial statements.