Czech participation in the drawing from Structural Funds of the European Union brings with it the question of efficient use of these resources. The number of projects financed by European funds represents a significant part of the investment made in our country. Additionally, the pressure arising from the comparison of the effectiveness of private projects leads to the question of how to avoid unnecessary wastage. Authorities, considering redistribution, should have full-featured documents that are necessary foundations for proper negotiations. These documents also include a professionally processed cost-benefit analysis (aka CBA). The aim of this thesis is to apply theoretical knowledge on selected issues CBA assessing the effectiveness of public investment in a particular project the Czech Republic. The theoretical part will briefly summarizes current knowledge concerning the effectiveness of public investment, the methods used in their assessment, followed by description of the basic assumptions of CBA and propose a method of processing. In the practical part the project will be primarily introduced and then analyzed subsequent application of the design process with a focus on selected issues of investment efficiency evaluation. The ultimate result of the work should be high-quality data to investigate the appropriateness of the use of this method and the CBA based on data identifying effective or vice versa inefficient use of public funds.

My diploma thesis is focused on the issue of investment incentives in the Czech Republic. The first part includes a study of the literature, especially on the issues of foreign direct investments and related investment incentives. The next part is dedicated to influence of foreign direct investments on macroeconomic indicators and also to the evolution of investment incentives in the Czech Republic. The main part of the thesis studies the fiscal effectiveness of the investment incentives by the chosen multinational companies operating in the Czech Republic, especially from the income and expense side of the state budget. In particular, incomes and expenses by the chosen companies during a five year period after first drawing of investment incentives are compared.

The following thesis documents application of Data Envelopment Analysis method on the sample of eight banks which were functioning on the Czech banking market during the period 2007 -- 2010 in order to measure their technical efficiency. Thesis consists of two major parts -- theoretical and practical one. The first part includes main principles, areas of application of the method and theoretical base of the DEA which will be used in the practical part. Second part presents brief description of the trends on the Czech banking market and it's development during the period 2007 -- 2010. Practical part also contains results of the measurement, its interpretation and analysis of main reasons of banks' inefficiency.

This master thesis is focused on the public procurement in the utilities sector. The main objective is to analyze the influence of the level of the public sector ownership on the public procurement effectiveness. To give the complex view of the problem, the study also determines the final impact of the public procurement effectiveness on the global operational effectiveness. The theoretical part starts with the analysis of the legal directives and the environment in the relevant sectors. The analytical part uses the econometrics methods for the data file of utilities sector procurement from the period of 2006-2011 based on the information from ISVZ and Creditinfo-Albertina systems. When the conclusions are made, the public sector ownership has the positive impact on the public procurement effectiveness but the contrary effect on the global operational effectiveness.

The goal of this work is to show particular conditions and problems according to Equality and Effecciency of Government Progammes and offer possibilities how to solve them, improve them or alternatives to those problems on particular examples. Theoretical part of this work is at first about the role of Public Sector in the National Economy, reasons why is this sector involved in some parts of economy, especially in Healthcare Services. This part is followed by concepts of Efficiency evaluation of particular Government Programmes and theoretical concepts about Equality. Practical part is then aimed on Regulative charges introduced in the Healthcare Services in the Czech Republic.

This thesis engages in the analysis of personnel work at Prague City Apartments, Ltd. Its aim is to examine the personnel activities that are performed in the organization and suggest recommendations to increase their effectiveness. The intention is to identify the main weaknesses of the system and propose possible solutions. The thesis is divided into two parts. The theoretical part includes the definition and explanation of the key human resources activities that currently take place in the enterprise; the practical part examines these activities and interprets them. To meet the objectives of the work various methods were used, including examining internal company documents, observation, conducting interviews, questionnaires and a summarizing SWOT analysis. The study indicates that human resources activities exist in the company and have a lot of positive aspects; however, there are several deficiencies that need to be corrected and improvements to be made in order to increase the effectiveness of the personnel work and therefore overall performance of Prague City Apartments, Ltd.

The purpose of this diploma thesis is to evaluate the effectiveness and efficiency of structural funds of the European Union in water protection in the Czech Republic. The main goal of the research is whether public resources are used cost-effectively and whether they are not being wasted. The theoretical basis of the subsidy's issue as a tool of public policy, are discussed in the first part of the thesis. As a consequence the effectiveness and efficiency of subsidies as a main tool of European Regional Policy are also discussed. General conclusions are demonstrated on specific statistical water protection data of the Czech Republic in the second part of this thesis. Several patterns which show problems decreasing efficiency and effectiveness of expended resources were used in the research. Analysis showed that investments into water protection are necessary and needed from social point of view, but the way the subsidies are provided is controversial. Finally, the thesis attempts to discuss alternative tools which could gain the same results with lower costs.

This thesis concentrates on sustainable development of tourism and application of these sustainable practices in hotel industry. The aim of this thesis is analysis of concrete practices of the biggest hotel groups in the world and outline appropriate trend in this field. The theoretical part of this thesis concentrates on the definition of sustainable development of tourism as well as on its history. Furthermore, the thesis focuses on certification of sustainable development in hotels. In the analytical part there are already analyzed concrete practices and approaches of the biggest hotel groups sustainability reports. The practices focus on energy efficiency, waste production, water conservation and production of carbon emissions. At the end of this analytical part there is sum up of these concrete practices and approaches and outline appropriate trend.

The thesis is focused on the effectiveness of the subsidies granted from the structural funds of the European Union. Its aim is to verify whether subsidies improve financial performance of their recipients. The thesis is based on the theoretical concept of subsidies and empirical studies proving their either positive or negative effects on the economy. It further analyzes effects of subsidies granted from the Operational programme "Podnikání a inovace" (Enterprise and Innovations) on financial performance of their recipients in following years using the instruments of statistics and econometrics. The results are compared with financial performance of the members of a control group consisting of unsuccessful subsidy applicants in respective period. The thesis comes to the conclusion that subsidies have very weak positive effect on financial performance of their recipients.

The thesis shows the relationship between the persistence in the financial markets returns and their efficiency. It interprets the efficient markets hypothesis and provides various time series models for the analysis of financial markets. The concept of long memory is broadly presented and two main types of methods to estimate long memory are analysed - time domain and frequency domain methods. A Monte Carlo study is used to compare these methods and selected estimators are then used on real world data - exchange rate and stock market series. There is no evidence of long memory in the returns but the stock market volatilities show clear signs of persistence.