Application of czech and foreign capital markets as a tool for corporate financing

The czech capital market is currently rarely used by the domestic enterprises for obtaining financial resources, although in the world this way of obtaining finance is common. There were regulatory changes in the czech capital market, but despite this partial liberalization, it has not increased interest of czech companies on issuing of shares or bonds. The focus of this dissertation is therefore a comparison of the conditions for corporate financing in countries with developed capital market and identifing any differences. The work also examines the evolution of corporate finance on the capital markets in different continents, influence the IPO on the financial health of the company and analyzes the impact of the amendment of the Act on Bonds.