Detail publikačního výsledku

Analysis of Financial Risks Hedging Instruments for Public Works Contracts

KORYTÁROVÁ, J.; ŠTAFFA, J.; PAPEŽÍKOVÁ, P.; ŠPIROCH, M.

Originální název

Analysis of Financial Risks Hedging Instruments for Public Works Contracts

Anglický název

Analysis of Financial Risks Hedging Instruments for Public Works Contracts

Druh

Stať ve sborníku v databázi WoS či Scopus

Originální abstrakt

A very important point in public procurement process is represented by hedging public contracts against potential risk. There are many instruments used in the Czech Republic - insurance construction contracts, contractual penalty and retention or a bank guarantee to name several of them. But not all of them are as effective as the contractors need them to be. The main aim of this paper is to find an effective set of hedging instruments in contracts for work to sufficiently fulfil their function and protect the goals of both the investor and the contractor impending business risks.

Anglický abstrakt

A very important point in public procurement process is represented by hedging public contracts against potential risk. There are many instruments used in the Czech Republic - insurance construction contracts, contractual penalty and retention or a bank guarantee to name several of them. But not all of them are as effective as the contractors need them to be. The main aim of this paper is to find an effective set of hedging instruments in contracts for work to sufficiently fulfil their function and protect the goals of both the investor and the contractor impending business risks.

Klíčová slova

business risk, public works contracts, hedging against risk, sewage facilities and equipment, contract for work

Klíčová slova v angličtině

business risk, public works contracts, hedging against risk, sewage facilities and equipment, contract for work

Autoři

KORYTÁROVÁ, J.; ŠTAFFA, J.; PAPEŽÍKOVÁ, P.; ŠPIROCH, M.

Rok RIV

2016

Vydáno

02.09.2015

Nakladatel

Croation Association for Construction Management

Místo

Zagreb, Chorvatsko

ISBN

978-953-7686-05-5

Kniha

OTMC 2015

Strany od

8

Strany do

15

Strany počet

7

BibTex

@inproceedings{BUT118121,
  author="Jana {Korytárová} and Jan {Štaffa} and Petra {Pískatá} and Michal {Špiroch}",
  title="Analysis of Financial Risks Hedging Instruments for Public Works Contracts
",
  booktitle="OTMC 2015",
  year="2015",
  number="1",
  pages="8--15",
  publisher="Croation Association for Construction Management",
  address="Zagreb, Chorvatsko",
  isbn="978-953-7686-05-5"
}