Diversity of Czech and German Corporate Boards: Experience From
MNCs

D 2016

Diversity of Czech and German Corporate Boards: Experience From MNCs

JANOŠOVÁ, Lenka, Michal JIRÁSEK and Petr PIROŽEK

Basic information

Original name

Diversity of Czech and German Corporate Boards: Experience From MNCs

Authors

JANOŠOVÁ, Lenka (203 Czech Republic, guarantor, belonging to the institution), Michal JIRÁSEK (203 Czech Republic, belonging to the institution) and Petr PIROŽEK (203 Czech Republic, belonging to the institution)

Edition

UK, Proceedings of the 12th European Conference on Management Leadership and Governance (ECMLG 2016), p. 109-115, 8 pp. 2016

Publisher

Academic Conferences and Publishing International Limited

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50204 Business and management

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

printed version "print"

RIV identification code

RIV/00216224:14560/16:00091453

Organization unit

Faculty of Economics and Administration

ISBN

978-1-911218-19-7

ISSN

UT WoS

000400302000014

Keywords in English

Corporate Governance; Age diversity; Nationality diversity; Gender diversity; German Headquarters; Czech Subsidiaries; ROA

Abstract

V originále

The paper presents a basic comparison of diversity in managing and supervisory boards among Czech and German multinational companies (MNC´s). Diversity is nowadays widely discussed topic, which is also reflected in corporate governance (CG) area. Age, gender and nationality diversity has real impact on the decision-making process, transfer of knowledge and experience, and therefore on overall profitability of businesses. The aim of our paper is to introduce the issue of age, gender and nationality composition of supervisory or executive board members in case of stock companies, alternatively executive directors for limited liability companies, on a sample of 37 German companies and their Czech subsidiaries. Germany is one of the most important investors in manufacturing industry in the Czech Republic, which makes this area extremely topical for our research. The paper explores current theoretical background of diversity topic, which is applied on the selected sample of multinational companies. The initial sample included 136 companies with German domicile traded on stock exchanges, with a market value of more than EUR 50 million. Chosen sample consists of 37 German companies with a subsidiary in the Czech Republic, for this sample we gained basic data describing the number of board members, their age, gender, nationality as well as recently published financial statements (ROA), complemented by number of employees. We use these indicators to evaluate the relation between various types of diversity and profitability in both a parent company and its subsidiary. Results point to specific practices of the German headquarters in appointment of Czech subsidiaries’ board members and executive directors and possible principles influencing a selection of individual members in terms of selected sorts of diversity.

Citovat

JANOŠOVÁ, Lenka, Michal JIRÁSEK and Petr PIROŽEK. Diversity of Czech and German Corporate Boards: Experience From MNCs. In Florina Pinzaru, Constantin Bratianu. Proceedings of the 12th European Conference on Management Leadership and Governance (ECMLG 2016). UK: Academic Conferences and Publishing International Limited, 2016, p. 109-115, 8 pp. ISBN 978-1-911218-19-7.

@inproceedings{1358896,
   author = {Janošová, Lenka and Jirásek, Michal and Pirožek, Petr},
   address = {UK},
   booktitle = {Proceedings of the 12th European Conference on Management Leadership and Governance (ECMLG 2016)},
   editor = {Florina Pinzaru, Constantin Bratianu},
   keywords = {Corporate Governance; Age diversity; Nationality diversity; Gender diversity; German Headquarters; Czech Subsidiaries; ROA},
   howpublished = {tištěná verze "print"},
   language = {eng},
   location = {UK},
   isbn = {978-1-911218-19-7},
   pages = {109-115},
   publisher = {Academic Conferences and Publishing International Limited},
   title = {Diversity of Czech and German Corporate Boards: Experience From MNCs},
   year = {2016}
}

TY  - JOUR
ID  - 1358896
AU  - Janošová, Lenka - Jirásek, Michal - Pirožek, Petr
PY  - 2016
TI  - Diversity of Czech and German Corporate Boards: Experience From MNCs
PB  - Academic Conferences and Publishing International Limited
CY  - UK
SN  - 9781911218197
KW  - Corporate Governance
KW  - Age diversity
KW  - Nationality diversity
KW  - Gender diversity
KW  - German Headquarters
KW  - Czech Subsidiaries
KW  - ROA
N2  - The paper presents a basic comparison of diversity in managing and supervisory boards among Czech and German multinational companies (MNC´s). Diversity is nowadays widely discussed topic, which is also reflected in corporate governance (CG) area. Age, gender and nationality diversity has real impact on the decision-making process, transfer of knowledge and experience, and therefore on overall profitability of businesses. The aim of our paper is to introduce the issue of age, gender and nationality composition of supervisory or executive board members in case of stock companies, alternatively executive directors for limited liability companies, on a sample of 37 German companies and their Czech subsidiaries. Germany is one of the most important investors in manufacturing industry in the Czech Republic, which makes this area extremely topical for our research. The paper explores current theoretical background of diversity topic, which is applied on the selected sample of multinational companies. The initial sample included 136 companies with German domicile traded on stock exchanges, with a market value of more than EUR 50 million. Chosen sample consists of 37 German companies with a subsidiary in the Czech Republic, for this sample we gained basic data describing the number of board members, their age, gender, nationality as well as recently published financial statements (ROA), complemented by number of employees. We use these indicators to evaluate the relation between various types of diversity and profitability in both a parent company and its subsidiary. Results point to specific practices of the German headquarters in appointment of Czech subsidiaries’ board members and executive directors and possible principles influencing a selection of individual members in terms of selected sorts of diversity.
ER  -

JANOŠOVÁ, Lenka, Michal JIRÁSEK and Petr PIROŽEK. Diversity of Czech and German Corporate Boards: Experience From MNCs. In Florina Pinzaru, Constantin Bratianu. \textit{Proceedings of the 12th European Conference on Management Leadership and Governance (ECMLG 2016)}. UK: Academic Conferences and Publishing International Limited, 2016, p.~109-115, 8 pp. ISBN~978-1-911218-19-7.

Detailed Information on Publication Record