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The causes of bankrupcy and impact of the economic crisis on the corporate insolvency´s evolution in the Czech republic

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F14%3A%230002848" target="_blank" >RIV/47813059:19520/14:#0002848 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    The causes of bankrupcy and impact of the economic crisis on the corporate insolvency´s evolution in the Czech republic

  • Original language description

    This article aims to analyze the causes of bankruptcy and the impact of the financial crisis on the corporate insolvency´s evolution and the changes in the Czech republic regime. There is needed to create the procedure regulating the exit of companies from the economy and improve its insolvency law and save viable businesses and to stimulace the creation of new ones. Less willing to risk opening a small business may mean changing bankruptcy codes, which could create stagnation in our economy. Clear causes of bankruptcy are drawn between failures in management, marketing and financial aspects. We want to compare the Czech republic position to European Union in term of time and recovery rate and dynamics of business insolvencies´number and to propose specific measures to improve its situation. In this context, we try in the article also mention the specifics of companies which are employing people with disabilities and also the issue of financial literacy, especially for persons with dis

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AE - Management, administration and clerical work

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2014

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    XII. mezinárodní vědecká konference Hospodářská politika v členských zemích Evropské unie

  • ISBN

    978-80-7510-045-0

  • ISSN

  • e-ISSN

  • Number of pages

    10

  • Pages from-to

    823-833

  • Publisher name

    SU OPF

  • Place of publication

    Ostravice

  • Event location

    Ostravice

  • Event date

    Jan 1, 2014

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article