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Domestic versus Foreign Companies in the Construction Sector in the Czech Republic and the Slovak Republic
[Domácí versus zahraniční společnosti ve stavebnictví v České republice a na Slovensku]

Author

Listed:
  • Michaela Roubíčková
  • Eduard Hyránek
  • Ladislav Nagy

Abstract

Building industry is an important indicator of the business cycle of the economy, because it is tied to movements and variations in the national economy. Building industry reacts directly and flexibly to any changes in the economic cycle and has multiplying effect on the development of other sectors. Investment in building industry actually causes the entire chain in the economy demand for goods and services, which is reflected especially in the activities of economic entities in employment, but also in public budgets. The aim of the article was to analyze and evaluate the development of the construction sector in the Czech and Slovak Republic. The paper analyzes the construction of power production, development of the share of the gross domestic product of a country and the effect of foreign capital (FDI) on the production performance of the building industry sector.

Suggested Citation

  • Michaela Roubíčková & Eduard Hyránek & Ladislav Nagy, 2014. "Domestic versus Foreign Companies in the Construction Sector in the Czech Republic and the Slovak Republic [Domácí versus zahraniční společnosti ve stavebnictví v České republice a na Slovensku]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2014(2), pages 31-40.
    • Handle: RePEc:prg:jnlcfu:v:2014:y:2014:i:2:id:392:p:31-40
    DOI: 10.18267/j.cfuc.392
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    References listed on IDEAS

    as
    1. Harry Grubert & Timothy Goodspeed & Deborah L. Swenson, 1993. "Explaining the Low Taxable Income of Foreign-Controlled Companies in the United States," NBER Chapters, in: Studies in International Taxation, pages 237-276, National Bureau of Economic Research, Inc.
    2. Dworin, Lowell, 1990. "Transfer Pricing Issues," National Tax Journal, National Tax Association;National Tax Journal, vol. 43(3), pages 285-291, September.
    3. Miklos Szanyi, 1998. "Foreign Direct Investments in Small Business of Transition Economies," CASE-CEU Working Papers 0015, CASE-Center for Social and Economic Research.
    4. Dworin, Lowell, 1990. "Transfer Pricing Issues," National Tax Journal, National Tax Association, vol. 43(3), pages 285-91, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Institutional sector; Foreign investor; Foreign direct investment; Profitability; Indebtedness; Institucionální sektor; Zahraniční investor; Přímá zahraniční investice; Rentabilita; Zadluženost;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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