The Application of Cash Pooling into Business Practice – ČEZ Group
Investment Management and Financial Innovations Journal, Vol. 5, Issue 4, 2008
6 Pages Posted: 15 Sep 2009
Date Written: September 14, 2009
The article below shows the way the largest Czech holding company – ČEZ Group, has set out. The article describes both the legal and tax environment for companies working mostly in Central and Southeastern Europe in the energetics business. The objective is to further expand the horizon of readers about the financial product possibility of real cash pooling, how it functions and consequently its introduction in the life of ČEZ Group. Comparing two variants, single-level and multi-level real cash pooling, with their advantages and disadvantages, gives the reader a brief view of the problems involved.
Keywords: Central and Southeastern Europe, cash pooling, cash management, energy sector
JEL Classification: G32
Suggested Citation: Suggested Citation