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We present the first results of a bigger investigation which aims to justify effects of fundamental phenomena. We investigate whether the financial situation and profitability of companies has an effect on market value. We used a huge financial database which contains fundamental and technical information. By applying discriminant analysis we created a model which is capable of choosing the companies with high punctuality which increase their values and by the increase of their financial performance, holding period return increases.
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Winery corporations in Europe and in the world

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The global grape and wine market has been rearranged during the past 15 years. Over the course of events, as new world wines gained ground, further emerging countries joined in and the production of old world wines decreased, giving rise to a new era. It was affected by globalization that placed concentrated markets in an advantageous position. As a result, there is a growing emphasis on the formation of vine growth and wine production collaboration networks in case of both the new world and European countries, which are able to provide solutions to global challenges arising as a result of global wine market development. In European wine producing countries with great traditions, integration, necessary for the stable operation of the sector, was established much earlier, typically in the form of producer cooperatives. In new areas, concentration began later, thus forming clusters constituting an appropriate form in many cases. This paper examines the necessity of cooperation and overviews the advantages and drawbacks that can be obtained from it. It compares wine producing collaboration networks in European countries and areas overseas. The aim of the study is to find the most important attributes leading to success.
The aim of the paper is to evaluate financial situation of organic farms in the Czech Republic. The financial state is evaluated according the most used and known financial indicators of profitability and stability. Organic farms are evaluated separately as corporations and individual entrepreneurs. The results show that the profitability of organic farmers is at good level, indebtedness is low and farms do create value for their owners.
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