O presente trabalho tem por objetivo estudar de avaliação de desempenho empresarial com ênfase na aplicação de um modelo de avaliação de desempenho pela métrica do Economic Value Added - EVA® para uma empresa de bens de consumo. O estudo está estruturado com uma revisão bibliográfica onde são estudados os conceitos e fundamentos do Economic Value Added - EVA® e sua aplicação como instrumento de medição de desempenho e de gestão. Na sequência, aplica o modelo em uma empresa de bens de consumo, localizada no Rio Grande do Sul, fundada nos anos ‘70. O estudo foi realizado com os dados contábeis e financeiros, não auditados, da empresa entre 2010 e 2014. O estudo demonstra que a medição pelo EVA® representa uma importante evolução nas ferramentas de gestão, evidenciando que o gerenciamento pelo lucro não é suficiente para medir a agregação de valor aos proprietários da organização. / The present work aims to study the assessment of business performance with emphasis on the application of a model for evaluating the performance metric Economic Value Added - EVA® for a company of consumer goods. The study is structured with a literature review where we study the fundamentals and concepts of Economic Value Added - EVA® and its application as a tool for performance measurement and management. In sequence, apply the model in a consumer goods company, located in Rio Grande do Sul, founded in the 70s. The case study was conducted with the accounting and financial data, unaudited, between 2010 and 2014. The study shows that measurement by EVA® represents an important evolution in management tools, showing that managing for profit is not enough to measure the added value to the owners of the organization.

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Från röstblock till erkänd grupp - en diskursanalytisk studie av Dagens Nyheters och Svenska Dagbladets förmedling av de svarta amerikanernas emancipering mellan 1956 och 1972

The thesis focuses on valuating of the company Vodafone, Czech Republic. The thesis is divided into initial, theoretical and practical parts. Theoretical part explains the main theoretical knowledges regarding evaluating sphere. The practical part is application of that knowledge to the analysing company Vodafone, Czech Republic. The thesis uses Discounted Cash-flow (DCF) method and Economic Added Value(EVA).

Unique élève d’Édouard Manet, Eva Gonzalès (1849-1883) est née dans un foyer bourgeois d’artistes et d’esthètes. Elle fréquente, dès sa plus tendre enfance, les milieux les plus sophistiqués des arts et des lettres grâce à son père, le romancier Emmanuel Gonzalès. Formée par le peintre académique Charles Chaplin, c’est finalement auprès du moderne Édouard Manet qu’Eva Gonzalès se tourne pour parfaire sa formation artistique. À son contact, et au contact des artistes impressionnistes qui l’entourent, l’œuvre de la jeune femme s’ouvre vers l’extérieur, en gardant toujours la figure de sa sœur Jeanne, son modèle privilégié. Eva Gonzalès épouse en 1879 un graveur talentueux et fantaisiste, Henri Guérard, ami de son maître Manet et des peintres-graveurs de la seconde moitié du XIXe siècle. Une complicité artistique naît entre les deux époux. Mais un paradoxe s’opère dans la carrière d’Eva Gonzalès. En dépit de ses toiles à la touche impressionniste, l’artiste préfère suivre la direction qu’elle juge la mieux adaptée à sa nature calme et docile, et rester en retrait de ce groupe. À l’instar de Manet, elle ne participe pas à leurs expositions, préférant diffuser son œuvre par la voie officielle du Salon. La bonne réception de ses toiles se partage donc entre les critiques des journaux conservateurs, qui appuient les choix du jury du Salon, et le soutien des défenseurs de la peinture moderne, elle qui est l’unique élève de Manet, leur chef de file. La visée de ce travail est donc d’étudier la vie et l’œuvre d’Eva Gonzalès en déchiffrant l’ensemble de ce réseau social qui s’est tissé autour de cette personnalité dans la seconde moitié du XIXe siècle. / As known as the only pupil of Édouard Manet, Eva Gonzalès (1849-1883) grew up in an upper middle class family of artists and aesthetes. Thanks to her father, the novelist Emmanuel Gonzalès, she became familiar with the most sophisticated Arts and Literature circles since her earliest childhood. Originally trained by the academic painter Charles Chaplin, it is finally towards the progressive Édouard Manet that Eva Gonzalès turned. Under the influence of the latter and of the impressionist artists who surrounded him, the work of the young woman reached a turning-point, through her depictions of natural sceneries, although keeping the figure of her sister Jeanne. In 1879, Eva Gonzalès married Henri Guérard, a talented and fanciful engraver, as well as a friend of her mentor, Manet. An artistic bond arose from their union. Nevertheless, as a paradox in the career of Eva Gonzalès, and in spite of her paintings largely inspired by the impressionist movement, the artist prefered to follow the direction which she considered as the most suitable for her calm nature. Following the example of Manet, she chose to not take part in their exhibitions, preferring to spread her work by the official way of the Salon. The appreciation of her paintings came thus from both sides: on one side from the critics of the conservative newspapers which supported the choices of the jury of the Salon, and on the other side from the defenders of modern painting who were seeing in her the only pupil of Manet, their leader. The aim of this work is to study Eva Gonzalès’ life and work by analysing this wide social network that surrounded this personality in the second half of the 19th century.

Cílem diplomové práce je zjištění objektivizované hodnoty společnosti Plzeňský Prazdroj, a.s. při zachování stávajícího konceptu podniku k 1. 4. 2007. Ocenění je provedeno metodou EVA entity a metodou tržního porovnání, a to metodou srovnatelných podniků a metodou odvětvových multiplikátorů. Součástí ocenění je finanční analýza vypovídající o finančním zdraví podniku, strategická analýza včetně vymezení relevantního trhu a analýzy vnitřního a vnějšího výnosového potenciálu, analýza a prognóza generátorů hodnoty a finanční plán.

This Master's thesis is focused on financial analysis of joint-stock company Recoop Tour for the period 2004-2007, which owns one of the luxury hotels in Prague Diplomat. This hotel has a rich tradition of providing accommodation and catering services, the organization of international symposia, fairs and conferences. The company Recoop Tour is attractive for the purposes of financial analysis because it is a relatively new corporation, which was actually created for the construction and operation of one of the most luxurious hotels in Prague. The company uses a bank loans from its very beginning and therefore has negative equity. However, the results of economic activity show a continuous reduction of negative values of foreign capital. Development of indices of financial analysis suggests that the situation in corporate finances needs to adopt a number of measures such as a raise of common stock and certain other management decisions, which will increase the overall performance and achievement of economic profit.

Thesis is focused on the necessary adjustments to the accounting information required for or the purpose of valuating a company using method EVA. The first part is focused on the development of accounting and accounting systems, in second part is defined by basic terms of valuating a company and the third section describes the accounting information (the necessary adjustments) divided by valuation phase. The most important part of the third part is the transformation of accounting data for economic (financial leasing and intangible assets).

Subject of the final thesis is financial analysis of TopolWater, s.r.o. Thesis is divided onto theoretical and practical part. There are applied banruptcy models and model which review health of partiular company.

The main goal of this Diploma thesis is to determine the investment value of T-Mobile Czech Republic a.s. with the objective to sell the minor share to its major shareholder. This thesis is divided into a theoretically-methodological and analytical part. In the theoretically-methodological part basic conceptions and key factors, applied valuation procedure and methods are described. For the valuation a discounted free cash flow to the firm method in a two stage model was used. As the basis for the calculation of the company's future investment value a strategic and financial analysis was performed. Resulting from these two analyses, key value generators were forecast and subsequently served as the backbone for the creation of the financial plan. This financial plan was the main source for the discounted cash flow valuation method application.