Financial health of beneficiaries of Czech and Slovak Operational Program Environment

Dagmar Čámská

Ekonomika a Management, 2013, vol. 2013, issue 1, 5-15

Abstract: This paper is focused on the financial health of beneficiaries who are supported by EU funds in the Czech Republic and Slovak Republic. The Operational program Environment is selected for our further analysis because it exists in both the Czech Republic and the Slovak Republic and the second most important in the aspect of total money allocation in both countries. The supported units are divided into two groups - business and others. The financial health of supported business units is evaluated with the help of Altman Z-Score model predicting financial distress. The financial situation is valuated for Czech and Slovak companies and the results are compared. Differences are explained in the part Discussion.

Keywords: Operational Program Environment; Financial health; Comparison of companies in the Czech and Slovak Republic.; Operační program životní prostředí; Finanční zdraví; Komparace podniků České a Slovenské republiky (search for similar items in EconPapers)
JEL-codes: G32 G38 Q59 (search for similar items in EconPapers)
Date: 2013
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