The Economic Interpretation of the Concept of Profit Loss: The Case of the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F17%3A50013604" target="_blank" >RIV/62690094:18450/17:50013604 - isvavai.cz</a>
Alternative codes found
RIV/29142890:_____/17:N0000013
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The Economic Interpretation of the Concept of Profit Loss: The Case of the Czech Republic
Original language description
The notion of lost profits is often interpreted incorrectly. Based on the author’s experience, even expert opinions in the field of economics derive lost profits directly from the accounting profit or loss as shown in the profit and loss account. Such an approach is insufficient. In this paper, we show that the economic importance of the notion of lost profits should be seen primarily as a decline in the value of the company and to show the methodical procedure to correct the calculation of lost profits approach to economic and legislative conditions in the Czech Republic.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50206 - Finance
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Finance and Performance of Firms in Science, Education and Practice
ISBN
978-80-7454-653-2
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
412-419
Publisher name
Tomas Bata University in Zlin, Czech Republic
Place of publication
Zlín
Event location
Ostrava
Event date
Apr 26, 2017
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000471174000032