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DOIONLINE NO - IJMAS-IRAJ-DOIONLINE-17101

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International Journal of Management and Applied Science (IJMAS)-IJMAS
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Volume Issue
Issue
Volume-6,Issue-4  ( Apr, 2020 )
Paper Title
Economic Results of the Non-Financial Corporations' Sector in the Czech Republic
Author Name
Stanislava Hronová, Richard Hindls, Luboš Marek
Affilition
University of Economics, Prague, Czech Republic
Pages
14-18
Abstract
In connection with turbulent economic developments, an issue is often discussed of what effects crises and recoveries have on economic results of the non-financial corporations. In the years since 1989, the Czech Republic has gone through two major economic crises – the first occurred in the years 1997 and 1998, the second in 2009. The non-financial corporations' economic result was a large deficit in the former instance and a large surplus in the latter one. We can ask in what way non-financial corporations have been transformed between 1998 and 2008, and what the main cause was of the overall positive outcome of the 2009 crisis. Our analysis of the results achieved by the non-financial corporations' sector in the Czech Republic is based on the 1995-2018 data taken from the national accounts of the Czech Republic as published by the Czech Statistical Office, making use of specific relative indices. Keywords - Non-financial Corporations, Economic Cri$sis, Sector Analysis
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