Business Activities conducted by the Czech Roman Catholic Church following the restitution of property confiscated under the Communist Regime Cover Image

Business Activities conducted by the Czech Roman Catholic Church following the restitution of property confiscated under the Communist Regime
Business Activities conducted by the Czech Roman Catholic Church following the restitution of property confiscated under the Communist Regime

Author(s): Nicole Grmelová, Radim Kříž, Petr Štěpánek
Subject(s): Law, Constitution, Jurisprudence, Civil Law, Law on Economics, Canon Law / Church Law, Commercial Law
Published by: Societatea de Stiinte Juridice si Administrative
Keywords: Business Activities; Czech Republic; Property Restitution; Roman Catholic Church; Self-sufficiency;
Summary/Abstract: The Roman Catholic Church has restituted property which has been nationalized under the Communist Regime. The restitution process paves the way for a separation between the state and the church in the foreseeable future. Thus, the Roman Catholic Church will have to invest the restituted property wisely to be able to cover the costs of its main activity, the spiritual care of its followers. Having analysed the business model of current activities of the Roman Catholic Church, this paper argues that the centralized top-down approach adopted by the Roman Catholic Church may not be efficient enough for the Roman Catholic Church to achieve economic self-sufficiency in the long run. The objective of this paper is to assess if the current economic activities conducted by the Roman Catholic Church in the Czech Republic can lead to its economic self-sufficiency by 2030. To this end, the authors will interpret the restitution model as determined by the corresponding legal rules and analyse the data covering the business activities of the Roman Catholic Church.