Analysis of Selected Financial Statements in Automotive in the Czech Republic

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Analysis of Selected Financial Statements in Automotive in the Czech Republic

Popis výsledku v původním jazyce

Automotive industry belongs to one of the most important sectors of the economy of the Czech Republic. Its impact on the amount and growth of Gross Domestic Product (GDP) is considerable. The main aim of the paper is to analyse the selected financial statements of companies operating in automotive industry in the Czech Republic. There is a duty to present financial statements on the website http://or.justice.cz in the Czech Republic. Unfortunately, many companies do not meet their duty and do not public their financial statements and due to this reason they may face fines from the authorities. On the other hand, they can damage a competitiveness of other companies on the market and they can obtain market advantage compared to the other competitors. Usually, it does not matter whether the companies are audited or not. Restrictions by the state authorities are currently higher in comparison with previous years, but still many companies pay rather fines than present their financial statements. Automotive is very important sector of the Czech economy and for this reason here comes a question if the situation is better in automotive than in other sectors of the economy or not.

Název v anglickém jazyce

Analysis of Selected Financial Statements in Automotive in the Czech Republic

Popis výsledku anglicky

Automotive industry belongs to one of the most important sectors of the economy of the Czech Republic. Its impact on the amount and growth of Gross Domestic Product (GDP) is considerable. The main aim of the paper is to analyse the selected financial statements of companies operating in automotive industry in the Czech Republic. There is a duty to present financial statements on the website http://or.justice.cz in the Czech Republic. Unfortunately, many companies do not meet their duty and do not public their financial statements and due to this reason they may face fines from the authorities. On the other hand, they can damage a competitiveness of other companies on the market and they can obtain market advantage compared to the other competitors. Usually, it does not matter whether the companies are audited or not. Restrictions by the state authorities are currently higher in comparison with previous years, but still many companies pay rather fines than present their financial statements. Automotive is very important sector of the Czech economy and for this reason here comes a question if the situation is better in automotive than in other sectors of the economy or not.

Druh

D - Stať ve sborníku

CEP obor

AE - Řízení, správa a administrativa

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2016

Kód důvěrnosti údajů

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

Název statě ve sborníku

SGEM 2016, BK 2: POLITICAL SCIENCES, LAW, FINANCE, ECONOMICS AND TOURISM CONFERENCE PROCEEDINGS, VOL III

ISBN

978-619-7105-74-2

ISSN

2367-5659

e-ISSN

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Počet stran výsledku

8

Strana od-do

57-64

Název nakladatele

STEF92 Technology Ltd.

Místo vydání

Sofia, Bulgaria

Místo konání akce

Albena, Bulgaria

Datum konání akce

24. 8. 2016

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000395727000008