Diploma thesis The Impact of Public Subsidies on Development of Enterprises in the Czech Republic examines the real impact on profit, revenues and debts. Counterfactual impact evaluation method is used on companies subsidised from structural funds. These indicators were examined by difference-in-difference method based on the selective research of 1738 companies subsidised from OP Entrepreneurship and Innovation and control group of the same size. The impact of public support on the profit of subsidised companies was quantified as 608 -- 5 547 ths. CZK and the impact on sales as 14 713 -- 42 511 ths. CZK. 1 CZK used for subsidies increased the profit of supported companies by 0.05 -- 0.44 CZK and sales by 1.16 -- 3.35 CZK. Hypothesis that the growth of supported firms increased their debt has not been proved. Also a slight positive effect of support on growth in return on equity was identified.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:162854 |
| Date | January 2011 |
| Creators | Loun, Jakub |
| Contributors | Potluka, Oto, Svobodník, Jiří |
| Publisher | Vysoká škola ekonomická v Praze |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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