ASPECTS OF CROSS-BORDER MERGERS OF CZECH ENTERPRISES WITHIN THE VISEGRAD GROUP

• Authors: Gláserová Jana , Otavová Milena
• Languages of publication: EN

Abstracts

EN

The paper deals with the cross-border mergers of Czech enterprises within the Visegrad Group countries. It contains an analysis of the total number of cross-border mergers carried out in the years 2008 – 2016. This analysis has become the starting point for assessing the development of cross-border mergers in the years mentioned above, i.e. since the introduction of the Business Transformation Act into Czech law. An investigation was also made into whether there is an outflow of companies from the Czech Republic or whether the Czech Republic becomes the principal place of business for the successor company. The identified motives for mergers were verified through some indicators of the financial analysis of data about the merging companies. The issue of cross-border mergers is largely related to tax and accounting implications, which can be looked upon as motives for or barriers to merger implementation. In terms of taxes, the issue of transferring tax losses is examined as one of the motives for conducting mergers. In terms of accounting, some new items added to the final accounts are studied, and their impact on the balance sheet, profit and loss, and owner’s equity is evaluated.

Keywords

EN

CROSS-BORDER MERGERS; VISEGRAD GROUP; TAX LOSS; GOODWILL; ASSETS ACQUIRED; CZECH REPUBLIC

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2019
• Volume: 67
• Issue: 8
• Pages: 837 – 856

Contributors

author

Gláserová Jana

• Mendel university in Brno, Faculty of Business and Economics, Zemědělská 1, 613 00 Brno, Czech Republic

author

Otavová Milena