Influence of Political System on Merger Legislation

In the article "Influence of Political System on Merger Legislation" there are analysed, compared and upon this comparison found differences in the legal regulations ruling mergers according to the changes in socio-economic and political conditions. Subsequently the reasons which led to the creation of the various concepts of the valid legal framework are caught up. The topic is highly up-to-date because the financial markets and financial systems are widely dependent on the legislation in countries of (mainly) continental law. In this paper the dependence is studied from the view of merger legislation. The work itself consists of two basic parts - the period of Czechoslovakia between 1918 and the beginning of the 1950s (First republic, Protectorate of Bohemia and Moravia and then Czechoslovak Republic), and the time period from the 1950s till 1989 (sodialist period). Each of these chapters takeS- care mainly on the substance of merger legislation and partly on merger accounting over the given period. The political influences and their impact on merger legislation are the subject matter too. As there will be explained, the differences were huge and they were mainly caused by the circumstances and conditions of political environment in that they had originated. The methods used in this paper include literary research, analysis and comparison.