The purpose of this paper is to provide an introductory overview of the agency theory
problems faced by the contracting parties in the credit market contracts. The paper is written …

This article discusses the Czech privatisation. Since there was no economic theory of
privatisation in 1989, the decision makers in transition economies had to improvise and …

Filozofové hledají svůj kámen mudrců již dlouho, podle některých ekonomů se nachází v
teorii zastoupení (agency theory). Od první poloviny 70. let, kdy Ross (1973) a Jensen s …

Generally the “Principal–Agent” problem could be characterised as delegated decision–
situation, where one economic subject, referred as principal, strikes a bargain (contract) with …

The paper focuses on specific interference by government in the banking and corporate
sectors during transition in the Czech Republic. The paper argues that the influence of the …

Abstract: This paper provides a critical survey of some recent developments in the
principalagent approach to the relationship between lenders and borrowers. The costly state …

Patnácté výročí zahájení ekonomické reformy bylo příležitostí připomenout si jednu z
nejvýznamnějších událostí moderních dějin naší země. Liberalizace cen a zahraničního …

The paper provides an overview of several selected topics dealing with application of
agency theory to the credit contracts. The costly state verification and costly punishment …

Anotace v češtině V mé práci se zabývám funkcí soukromého vlastnictví v tržním systému a
privatizací v transformačním procesu České republiky. Pokouším se hodnotit privatizaci s …

The point in time when fifteen years have elapsed since the fall of Communism and since
the economic transition was started could be an occasion for a calm and balanced analysis …