Characteristics of Insolvency Proceedings of Enterprises with Virtual AddressThe aim of the research is to show differences between characteristics of insolvency proceedings of traditional and virtual enterprises. This paper focuses on results of insolvency proceedings in the case of enterprises which do not have a traditional headquarter. Instead of the traditional headquarter these enterprises are registered at virtual addresses for a purpose of business register. Among the professional public this institute enables discussions about lower transparency and even functioning of grey-area. First the paper analyzes results for enterprises with virtual address and second these results are compared with traditional enterprises. Research questions are based on probability of insolvency proposal, kind of bankruptcy (with default and without default) and level of creditors' satisfaction. The used data are extracted from business as well as insolvency register. The gained results show that there are significant differences between the insolvency proceedings of traditional and virtual enterprises which have in this case higher probability of insolvency, lower level of creditor's satisfaction and therefore many cases finish without default due to enterprises' property emptiness.Keywords: insolvency proceeding, virtual address, traditional headquarter, level of creditors' satisfaction, default, Czech Republic JEL Classification: C1, M21
ÚvodCílem článku je analyzovat výsledky insolvenčních řízení společností s virtuálním síd-lem na území České republiky a komparovat je s výsledky subjektů sídlících na tradiční obvyklé adrese. Pro tento účel jsou dále definovány tři výzkumné otázky, které se zaměřují na míru úpadkovosti, majetkovou vyprázdněnost a úroveň uspokojení věřitelů. První kapitola Společnosti s virtuálními sídly přináší rešerši dostupné literatury, legislativní vymezení a vysvětluje důležitost tohoto typu společností v České republice. Druhá kapitola Výzkum se věnuje vymezení výzkumných otázek, definování použitých
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