Cez Csr Evaluation

Company overview CEZ Group is a Czech electricity escalate with headquarters in Prague and operations in a issue forth of countries in Central and southeast Europe and Turkey. Its principal businesses is propagation of verve, trading of energy, distribution of military group and heat, trading in and gross sales of natural gas, and coalmining. The shares of the Groups parent smart set, CEZ, a. s., are traded on the Prague and Warsaw Stock Exchanges. What is fussy about this company, is that its main stockholder is the domain of Czech majority rule with a nearly 70% stake in the tell capital. Czech Ministry of Finance is on the top of pyramid of require in the company. Already at the beginning of my analysis I would like to mention that the number of CSR in a state-owned company is different and the activities of the company mettle the risk to be perceive as substitutes of the initiatives that should have been by dint of by a state itself. CEZ is a well-known and strategically eventful company in the Czech Republic. In twelvemonth 2010 it produced 74% of all the energy produced in the country. Due to the incident that it is mostly owned by state it is as well as an principal(prenominal) contributor to the state budget. It is the biggest tax-payer in the country, contributing round 10% of all corporate taxes.

1 CEZ also have a bombastic dividend policy, each year remunerative out in dividends approximately 50-60% from its consolidated lucre.2 Net profits of the company had been constantly increment till the year 2009, and whence they started to decline slightly, what can be mainly explained by the intentness trend of decreasing of deferred payment prices of electricity. Development of CEZ Net Profits witness: yearbook Reports 1 CEZ spirit force Brochure 2 CEZ Annual Report, available at: http://www.cez.cz/edee/ glut/file/investors/2010-annual-report/VZ2010_cz.pdf Applied somatic Responsibility 2MO601 University of Economics, Prague Sofiya Oshchebska 4 In effect to better understand the implementation of the company, its...If you want to get a full essay, order it on our website: Ordercustompaper.com

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