Czechoslovakia: the curtain rises on joint ventures

Article Abstract:

Czechoslovakia has encouraged joint ventures with foreign concerns for many years in order to remedy deficiencies in its command economy, but the state typically burdened the arrangements with significant restrictions so that it could maintain control over any enterprise. The relatively liberal 1988 Joint Ventures Act was passed by the former government to widen the opportunities for establishing joint ventures, but it did not allow for majority foreign ownership, setting the maximum foreign participation at 49%. The major political changes in Czechoslovakia in 1989 have created a better environment for joint ventures as the government is intent on attracting foreign capital, technology, and expertise to the country without increasing its foreign debt. The government has amended the Joint Ventures Act of 1988 to abolish restrictions that have made joint ventures unattractive. A summary of the Act is presented.

Economic policy, Joint ventures, Czechoslovakia

---

Ways to use the media

Article Abstract:

UK accounting firms are using more cost-effective methods of self-promotion to cope with limited marketing and public relations budgets. One of the most popular methods is media sponsorship, with a number of large firms sponsoring personal finance and business news programs on local radio. The experiences of the firms Peat Marwick McLintock, Deloitte Haskins & Sells, and Price Waterhouse in this regard are described.

United Kingdom, Accounting firms, Accounting services, Public relations, Business journalism, Price Waterhouse and Co., Great Britain, Peat Marwick McLintock, Deloitte Haskins and Sells

---

Granada Media: one way to treat a joint venture

Article Abstract:

The accounting treatment and use of accounting standards of the half share of ONdigital, a UK television broadcaster, in the accounts of Granada Media, a subsidiary of the UK hospitality company, Granada Group, is described.

Mergers, acquisitions and divestments, Accounting and auditing, Granada Group PLC, ONdigital PLC, Granada Media PLC

Similar abstracts:

• Abstracts: Charming the Cobra. Giving Sanctuary to creative talent. Tuned into the Bass note
• Abstracts: Making the scientists fulfil their promises. Trying to deliver in the future. Sygen
• Abstracts: Australia eyes divident tax. Here's to reform, mate. Arm's length iconoclast
• Abstracts: Retirement alone does not change intent. Young developers make their mark. Bosnia's 'city of peace' is promoted by Chicago PR pro
• Abstracts: A synthetic factor approach to the estimation of value-at-risk of a portfolio of interest rate swaps. Evaluating implied RNDs by some new confidence interval estimation techniques

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.