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  • There is a long time discussion among Czech defenders of gradualism and the shock therapy about the causes and consequences of prolonging and breaching of the buyer-seller contracts. The objective of the paper is to examine the impact of the institutional change induced by applying the Act no. 395/2009 Coll. on the operational activity of the company. In the paper, the indicator of cash conversion cycle was applied. The expected findings shall confirm the thesis of shortened credit period of the retail- and wholesalers. Unintendedly, the legal intervention could lead to different financial management of the buyers, the additional costs for the sellers and to the overall inefficiency of the act itself.
  • There is a long time discussion among Czech defenders of gradualism and the shock therapy about the causes and consequences of prolonging and breaching of the buyer-seller contracts. The objective of the paper is to examine the impact of the institutional change induced by applying the Act no. 395/2009 Coll. on the operational activity of the company. In the paper, the indicator of cash conversion cycle was applied. The expected findings shall confirm the thesis of shortened credit period of the retail- and wholesalers. Unintendedly, the legal intervention could lead to different financial management of the buyers, the additional costs for the sellers and to the overall inefficiency of the act itself. (en)
Title
  • The direct and indirect impacts of legal intervention on the buyer-seller relationships
  • The direct and indirect impacts of legal intervention on the buyer-seller relationships (en)
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  • The direct and indirect impacts of legal intervention on the buyer-seller relationships
  • The direct and indirect impacts of legal intervention on the buyer-seller relationships (en)
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  • RIV/62156489:43110/14:00232289!RIV15-MSM-43110___
http://linked.open...avai/riv/aktivita
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  • S
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  • 11631
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  • RIV/62156489:43110/14:00232289
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  • cash conversion cycle; buyer-seller relationships; gradualism; legal intervention; credit period (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...ontrolniKodProRIV
  • [DBEDAB527EA1]
http://linked.open...v/mistoKonaniAkce
  • Brno, CZECH REPUBLIC
http://linked.open...i/riv/mistoVydani
  • Amsterdam, Netherlands
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  • 17th International Conference Enterprise And Competitive Environment 2014
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  • Růžičková, Kamila
  • Litzman, Marek
  • Krištofóry, Tomáš
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  • 345439100069
http://linked.open.../riv/zahajeniAkce
issn
  • 2212-5671
number of pages
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  • 10.1016/S2212-5671(14)00382-7
http://purl.org/ne...btex#hasPublisher
  • Elsevier Science Bv
http://localhost/t...ganizacniJednotka
  • 43110
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