Cez Csr Evaluation

Company overview CEZ Group is a Czech electricity increase with headquarters in Prague and trading operations in a derive of countries in Central and south Europe and Turkey. Its principal businesses is propagation of vitality, trading of energy, distribution of condition and heat, trading in and gross sales of natural gas, and coalmining. The shares of the Groups parent partnership, CEZ, a. s., are traded on the Prague and Warsaw Stock Exchanges. What is special about this company, is that its main stockholder is the say of Czech land with a nearly 70% stake in the verbalise capital. Czech Ministry of Finance is on the top of pyramid of comprise in the company. Already at the beginning of my analysis I would like to mention that the crook of CSR in a state-owned company is different and the activities of the company spirit the risk to be sensed as substitutes of the initiatives that should have been done by a state itself. CEZ is a well-known and strategically eventful company in the Czech Republic. In year 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 overly an chief(prenominal) contributor to the state budget. It is the biggest tax-payer in the country, contributing most 10% of all corporate taxes.

1 CEZ also have a greathearted dividend policy, each year give out in dividends approximately 50-60% from its consolidated moolah.2 Net profits of the company had been constantly victimisation till the year 2009, and so they started to decline slightly, what can be mainly explained by the industry trend of decreasing of character prices of electricity. Development of CEZ Net Profits informant: yearly Reports 1 CEZ feel force Brochure 2 CEZ Annual Report, available at: http://www.cez.cz/edee/ scare away/file/investors/2010-annual-report/VZ2010_cz.pdf Applied bodied Responsibility 2MO601 University of Economics, Prague Sofiya Oshchebska 4 In member to better understand the feat of the company, its...If you want to get a full essay, order it on our website: Ordercustompaper.com

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