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The main objective of the suggested diploma thesis is to identify the factors hav-ing major influence on economic performance of wholesale business entities in the agricultural commodities sector. The sample of enterprises is composed of prominent business entities, which are operating on the Czech market. The structure of the thesis reflects the conventional form of the diploma thesis and is therefore divided into two main parts. The first part is the theoretical part, which provides the basic theoretical background to measure the economic per-formance of wholesale business entities. Moreover the main goal is set and also the methodology in order to achieve it. The following practical part will provide the main information about the market of agricultural commodities in the Czech Republic. In this context the economic performance of wholesale business enti-ties in the agricultural commodities sector is subsequently assessed. The indi-vidual subjects of the sample of observed business entities are the subject for the analysis in order to measure their economic performance and the respective conclusion will be declared.

Práce popisuje ukazatele a metody hodnocení fondů kolektivního investování a tyto metody pak aplikuje na 6 vybraných zahraničních akciových podílových fondů nabízených v ČR. Zahrnuty jsou ukazatele a metody zkoumající výnosnost (např. výnosová míra, relativní výnosnost), ukazatele zkoumající riziko (např. směrodatná odchylka), poměrové ukazatele vyplývající z modelu oceňování kapitálových aktiv (CAMP) a některé doplňkové ukazatele (např. procento kladných měsíců, resp. měsíců s kladným výnosem, maximální ztráta za periodu). V práci je také porovnáváno riziko a výnos jednotlivých fondů vzhledem k benchmarku.

This final thesis analyzes and evaluates current techniques used in attribution analysis of the private equity funds. The first section defines all the relevant parameters and relationships. The second section provides the reader with a historical overview of the private equity industry together with a unique typology of private equity funds. Description of the current situation in the private equity industry is based on my discussions with investment professionals. These two sections are followed by a chapter describing the private equity investment process and the leveraged buyouts. Analysis is focused on value creation during buyouts, buyout price negotiations and the role of investment banks. I define individual phases of the private equity investment process and various valuation techniques used during the life cycle of the investment. Special attention is given to the private equity valuation process and its differences to the traditional and formal legal valuation. A special reaction function of cost of equity was derived from the traditional discounted earnings methods. Separate section is dedicated to calculation of return and efficiency of private equity funds. I analyze various methods used in the return/efficiency evaluation process, including the most frequently used Internal Rate of Return (IRR) approach. I then propose an adjustment (or several adjustments) to the IRR method and I test my proposals on several real-life case studies. In the same manner I theoretically derive and then practically prove major factors affecting the return of private equity investments. Special attention is given to the effect of company's indebtedness and operational improvements on total return of the private equity investment.

This thesis is focused on the evaluation of quality management systems productivity. The introductory part is devoted to the importance of quality for company competitiveness with an emphasis on the economic benefits of improved quality. An important part is devoted to methods of performance evaluation system of quality management in the context of the recommendations of ISO 9000 and EFQM Excellence Model principles. Considering the follow-up practical part my thesis is also supplemented by the requirements of ISO TS 16949, which is used as a sectoral standard for the automotive industry suppliers. The practical part is devoted to evaluating and analysing productivity of a selected company quality management system. The thesis evaluates this company according to the Model Organization Start National Quality Award, which is based on the principles of the EFQM Excellence Model. On the basis of the analysis, areas with potential improvement were identified, and appropriate steps designed. Despite the undoubtedly existing potential for further improvement we can observe that the Quality Management System of the selected company permanently achieves a high level.