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Trust funds in the Czech Republic
[Svěřenské fondy v České republice]

Author

Listed:
  • Michal Šindelář
  • Tereza Čudová

Abstract

The aim of the article is to present the history of trust funds and to analyze their establishment since this institute was included in the Czech legislation. The research is based on publicly available information from the register of trust funds. 2,268 trust funds were found between 2014 and 2020. The results show that the number of established trust funds increased during the analyzed years, except for the year 2019. The most trust funds are registered with the Municipal Court in Prague and the vast majority of trust funds are private. Although international research on voluntary disclosure indicates the benefits of this disclosure, only four trusts have published their financial statements. On the contrary, the most trust funds do not publish their documents as financial statements or statutes.

Suggested Citation

  • Michal Šindelář & Tereza Čudová, 2020. "Trust funds in the Czech Republic [Svěřenské fondy v České republice]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2020(3-4), pages 39-52.
    • Handle: RePEc:prg:jnlcfu:v:2020:y:2020:i:3-4:id:550:p:39-52
    DOI: 10.18267/j.cfuc.550
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Trust funds; Establishment of trust funds; History of trust funds; Svěřenské fondy; Zakládání svěřenských fondů; Historie svěřenských fondů;
    All these keywords.

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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