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@inproceedings{794375,
author = {Otáhal, Tomáš and Pospíšil, Tomáš and Tomeš, Zdeněk and Kvizda, Martin},
address = {Brno},
booktitle = {Konkurenceschopnost a konkurence v železniční dopravě - ekonomické a regionální aspekty regulace konkurenčního prostředí},
edition = {1},
keywords = {Czech railways; network industry; soft budget constraint},
howpublished = {tištěná verze "print"},
language = {eng},
location = {Brno},
isbn = {978-80-7399-557-7},
pages = {30-44},
publisher = {MU},
title = {Will Czech Trains Ever Travel to Efficient Destinations? Case Study of Firm under SBC},
url = {http://akela.mendelu.cz/~otahal/Publikace/Otahal,%20Pospisil%20-%20Railways.pdf},
year = {2008}
}
TY - JOUR
ID - 794375
AU - Otáhal, Tomáš - Pospíšil, Tomáš - Tomeš, Zdeněk - Kvizda, Martin
PY - 2008
TI - Will Czech Trains Ever Travel to Efficient Destinations? Case Study of Firm under SBC
PB - MU
CY - Brno
SN - 9788073995577
KW - Czech railways
KW - network industry
KW - soft budget constraint
UR - http://akela.mendelu.cz/~otahal/Publikace/Otahal,%20Pospisil%20-%20Railways.pdf
N2 - The paper presents the application of the Soft Budget Constraint theory on the Czech railways. It attempts to show that the organizational structure of the Czech Railways is historically dependent on governmental subsidies. Evidence from financial analyses supports the hypothesis that even though public policy is trying to establish a competitive environment in the Czech Railways' organizational structure, the existing environment could not improve efficiency of the railways without cutting the governmental subsidies. The reason for such conclusion is that the incentive structure will not motivate the Czech Railways' organizations to improve the efficiency or, alternatively, it will not allow these historically inefficient organizational structures to disappear.
ER -
OTÁHAL, Tomáš a Tomáš POSPÍŠIL. Will Czech Trains Ever Travel to Efficient Destinations? Case Study of Firm under SBC. In TOMEŠ, Zdeněk a Martin KVIZDA. \textit{Konkurenceschopnost a konkurence v železniční dopravě - ekonomické a regionální aspekty regulace konkurenčního prostředí}. 1. vyd. Brno: MU, 2008, s.~30-44. ISBN~978-80-7399-557-7.
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