The paper describes process of electricity market liberalization, and concentrates on one phase - unbundling. First part sums up findings on electricity market liberalization, and explains unbundling principles, initial situation and expected outcome. In the second part unbundling costs are...

The privatization strategy in many transition economies involved the creation of a special government agency that administered state property during privatization programs as well as after the privatization was declared complete. The National Property Fund (FNM) was the agency in the Czech...

The paper considers company performance measures and the development of the Economic Value Added (EVA) indicator in volatile economies, particularly in the case of the Czech Republic. Methods used for pyramidal analysis, their assumptions, and their application possibilities are discussed. A...

Nonprofit hospitals and their corporate governance in health care systems of California and Great Britain are shown as an equivalent variant to the legal and economic status of for-profit hospitals. The analysis of legal and economic statuses of nonprofit hospitals in California, Great Britain...

Global business environment is preferably characterized by turbulences as well as by uncertainties and other undeterminable parameters which can hardly be described by routine mathematical tools. At these circumstances corporate management could be likened to ship captain who has to rudder a...

The paper analyzes two types of corporate governance system: the insider control system (the bank based system) and the outsider control system (the market based system). The paper focuses on the differences of the systems: ownership structure, financing in the systems, managing body and control...