The concept of investments in international agreements on investment protection The concept of an investment is one of the fundamental constructs in the international investment law, as it is crucial for determination of bilateral or multilateral investment protection treaties' scope of protection regarding particular economic activity of investors in the host state territory. The purpose of this thesis is to provide examples of possible solutions of the dichotomy in the apprehension of the investment concept and its interpretation in practice, in particular with regards to the decisions of arbitral tribunals. A historical analysis of understanding of the investment concept is provided together with its current and historical interpretations in bilateral and multilateral investment protection treaties; with an emphasis that at present, there is no uniform legal definition of the concept of an investment. An absence of such definition does not limit the flow of foreign investments or the conclusion of bilateral or multilateral investment protection treaties, which contain broad definitions of this concept. At the same time, it is possible to trace a tendency to determine objective elements common to all investments, while the primary inspiration is drawn from the economic science and its concept of...

DEFINITION OF INVESTMENT IN INTERNATIONAL PROMOTION AND PROTECTION AGREEMENTS Abstract Definition of the investment is of particular importance in terms of scope of the rights and obligations arising out of the investment protection treaties. This is the case especially when we are in the presence of dispute between the foreign investor and the host state where definition forms the basis of the tribunal's jurisdiction. The object of this thesis is in spite of the absence of globally accepted legal definition of "foreign investment" to attempt to summarize most of the historical and current concepts of this notion and to provide by means of the various legal sources, case law as well as the doctrinal points of view the comprehensive approach to its content in the modern international investment law. However this absence of the general legal definition of the international investment was not considered as the obstacle for its use. Instead it represents the advantage in terms of potentially wide field of its application and the flexibility resulting from its openness. Bilateral investment treaties representing the mainstream of the regulation of international investments covers quite a wide field of economic activities to which the investment tribunals in the course of their function attempted to draw some...

Diploma thesis evaluates the impact of foreign direct investments on revenues of income taxes in the Czech Republic. The main method used in this thesis is a regression analysis of time series tax revenues and inflows and outflows of foreign direct investments. For better results, the analysis were tested other important variables, gross domestic product and income tax rates. The operational aim of this thesis is also constructed regression model of dependence of inflows of foreign investments on the average effective tax rate in the Czech Republic.

This document introduces indicators' limitations and suitability which are nowadays used for evaluating ICT investments. For better understanding of indicators' application and their limits there was used a specific practical example. As a solution, the author suggests to use value management, specifically the universal theory of value for a customer. This theory was converted to be applicable for ICT and as such eliminates and minimizes problems and limitations of before listed indicator. To fulfill the theme, the author introduces benefits of ICT market and ICT investments from the macroeconomic point of view on behalf of Czech Republic.

The topic of this thesis is the protection of foreign investments. This topic can be considered to be very current due to the present trends in the world economy, when globalization is constantly intensifying the international economic relations and foreign investments have therefore become more important in recent years. The aim of the thesis is to introduce to the reader the basics of the legal regulation of foreign investment protection. The first chapter introduces the very concept and definition of the term "investment". Therefore, the first chapter presents various definitions of the term investment that can be encountered. The following chapter briefly outlines the historical evolution of this protection, starting from the period of colonialism up to the present times. The next chapter then includes the sources of foreign protection that are the result of historical development. Particular attention is paid to bilateral and multilateral investment protection agreements, as the investment protection system consists primarily of such agreements. In this context it should be noted that the protection of foreign investments is greatly fragmented due to the large number of such agreements and, at the same time, the absence of a universal multilateral treaty. In the fourth chapter, special...

The aim of my diploma thesis is the valuation of investments to reduce operating costs at the National Theatre. For the valuation I used the discounted cash flow approach in the alternative with FCFF and FCFE. I also evaluated the effectiveness of the investment based on static and dynamic methods. In the theoretical part, I focused on the description of valuation approaches and methods used for the valuation of investment efficiency.

The diploma thesis deals with the evaluation of the investments realization and financing of the investment to build the new hall with production line to achieving the expansion of production. The thesis includes assessment of the company´s financial situation, evaluation of the effectiveness of the investment plan. The essence of the thesis is to appropriate way of realizing the investments and determine economic benefit.

This master’s thesis analyze and assesses the investment project of SAKO Brno and its own effectiveness. The first part includes theoretical knowledge of investment practices, procedures and possible methods of evaluation. The second part is devoted to familiarization with the company and the investment project "Waste Management Brno". In addition, financial analysis and calculations associated with the investment project. The conclusion will assess whether the project is profitable, when will it return and formulation of possible measures for other investment projects.

The concept of investment in international agreements on the protection of investments Resumé This thesis analyses the notion of investment in the context of international investment law. The thesis is composed of six chapters. The first chapter provides an overview of the international investment law, including its sources, specific features and goals. The second chapter provides an economic definition of the notion of investment. The author distinguishes between foreign direct investment and foreign portfolio investment and analyses their commonalities and differences. The third chapter deals with the basic types of definition of investment contained in international agreements on promotion and protection of foreign investments. These are the asset-based definition and enterprise-based definition. The fourth chapter examines the interaction between the economical and legal definition of investment. The fifth chapter explores the concept of investment in the context of the ICSID Convention. The authors analysed the negotiating history of the treaty as well as the case law of ICSID tribunals. The author indentified two basic approaches to the interpretation of the notion of investment. Whereas the subjective approach leaves the definition of the term investment to the sources of consent (notably...

The topic of the thesis is an evaluation of an investment project with application to a real investment project. The aim is to decide whether to realize the project or not with regard to the current and projected macroeconomic situation, tourism and particularly the results of financial indicators. The theoretical part focuses on the specifics of the investment decisions and the parameters entering into the investment evaluation. This part is also focused on different stages of the investment project and the methods used to evaluate the effectiveness of the investment. The theoretical part ends with a risk analysis. The practical part is dedicated to the fullfilment of the defined objectives. After the initial introduction to the investment project comes the analysis of the current and forecasted macroeconomic situation, the analysis of tourism and the project evaluation in terms of defined dynamic methods. The conclusion in the practical part includes a sensitivity analysis of the project on two major risk factors.