Publication detail

Development of Corporate Governance Performance Indicators for Czech Manufacturing Companies

PAVLÁKOVÁ DOČEKALOVÁ, M. KOCMANOVÁ, A. KOLEŇÁK, J.

Original Title

Development of Corporate Governance Performance Indicators for Czech Manufacturing Companies

Type

journal article in Scopus

Language

English

Original Abstract

Effective Corporate Governance is a key element in achieving long-term success of the company. Codes of conduct that Corporate Governance adopts, directly determine the sustainability of business activities. In this context, this paper aims to demonstrate the results of a research that identifies a set of key indicators of Corporate Governance performance. Presented research is quantitative. In order to identify key performance indicators factor analysis was employed. It was found that Corporate Governance performance is influenced by two factors. First factor, Relationship of Corporate Governance and stakeholders is measured by key indicators: Percentage of women within CG, Contributions to political parties, politicians and related institutions and Number of complaints received from stakeholders. The second factor, Strategy & Compliance is formed by Percentage of strategic objectives met and Total number of sanctions for breaching the law. This research results aim to contribute to both academy and corporate practitioners, who want to improve Corporate Governance performance and through the use of key performance indicators to support transparency and sustainability of their business.

Keywords

corporate governance; key performance indicators; sustainability; factor analysis

Authors

PAVLÁKOVÁ DOČEKALOVÁ, M.; KOCMANOVÁ, A.; KOLEŇÁK, J.

RIV year

2015

Released

31. 3. 2015

Publisher

De Gryuter

ISBN

1804-6746

Periodical

Danube

Year of study

6

Number

1

State

Czech Republic

Pages from

57

Pages to

72

Pages count

16

URL

https://www.sciendo.com/article/10.1515/danb-2015-0004

Full text in the Digital Library

http://hdl.handle.net/11012/201393

BibTex

@article{BUT114004,
  author="Marie {Pavláková Dočekalová} and Alena {Kocmanová} and Jiří {Koleňák}",
  title="Development of Corporate Governance Performance Indicators for Czech Manufacturing Companies",
  journal="Danube",
  year="2015",
  volume="6",
  number="1",
  pages="57--72",
  doi="10.1515/danb-2015-0004",
  issn="1804-6746",
  url="https://www.sciendo.com/article/10.1515/danb-2015-0004"
}