Age Diversity among Board Members in the Czech companies

D 2018

Age Diversity among Board Members in the Czech companies

JANOŠOVÁ, Lenka

Základní údaje

Originální název

Age Diversity among Board Members in the Czech companies

Autoři

JANOŠOVÁ, Lenka (203 Česká republika, garant, domácí)

Vydání

UK, Proceedings of the 6th International Conference on Management, Leadership and Governance (ICMLG 2018), od s. 387-394, 8 s. 2018

Nakladatel

Reading: Academic Conferences and Publishing International Limited

Další údaje

Jazyk

angličtina

Typ výsledku

Stať ve sborníku

Obor

50204 Business and management

Stát vydavatele

Velká Británie a Severní Irsko

Utajení

není předmětem státního či obchodního tajemství

Forma vydání

tištěná verze "print"

Kód RIV

RIV/00216224:14560/18:00103092

Organizační jednotka

Ekonomicko-správní fakulta

ISBN

978-1-911218-81-4

UT WoS

000461863300045

Klíčová slova anglicky

age diversity; age diversity measurement; firm performance; company board; ROA

Příznaky

Mezinárodní význam, Recenzováno

Změněno: 24. 6. 2019 15:06, Mgr. Daniela Marcollová

Anotace

V originále

The paper presents a basic comparison of the methods we can use to calculate age diversity among board members. Age diversity is nowadays a widely discussed topic all around word, which is also reflected in the area of corporate governance. Age diversity may have a real impact on knowledge transfer, the decision-making process and problem solving and, therefore, on the overall profitability of businesses. But researchers are still avoiding covering age diversity in their research, since there is no well-established method to express age diversity in numbers. Some authors circumvent the computation of real age diversity and use the average age instead. However, this solution cannot be considered as sufficient, so we will provide an overview of the possible methods for age-diversity measurement which have already been used in the past as well as showing some of our own suggestions. The aim of this paper is to demonstrate the age composition of executive board members in joint-stock companies from a sample of 41 Czech companies from the manufacturing industry. The paper explores the current theoretical background of diversity, especially the methods of age-diversity measurement. Afterwards, these methods are applied on the selected sample of Czech companies. The initial sample included 41joint-stock companies. The final sample consists of 39Czech companies operating in the Czech Republic. For this sample we were able to gain basic data describing the number of board members, their age as well as recently published financial statements, including EBIT and ROA. We used these indicators to evaluate the relationship between age diversity and the firm´s profitability. In particular, we want to figure out if there are any differences in our results when using various methods of age-diversity measurement.

Návaznosti

MUNI/A/0817/2017, interní kód MU

Název: Talent management and organizational diversity

Investor: Masarykova univerzita, Talent management and organizational diversity, DO R. 2020_Kategorie A - Specifický výzkum - Studentské výzkumné projekty

Citovat

JANOŠOVÁ, Lenka. Age Diversity among Board Members in the Czech companies. In Proceedings of the 6th International Conference on Management, Leadership and Governance (ICMLG 2018). UK: Reading: Academic Conferences and Publishing International Limited, 2018, s. 387-394. ISBN 978-1-911218-81-4.

@inproceedings{1421763,
   author = {Janošová, Lenka},
   address = {UK},
   booktitle = {Proceedings of the 6th International Conference on Management, Leadership and Governance (ICMLG 2018)},
   keywords = {age diversity; age diversity measurement; firm performance; company board; ROA},
   howpublished = {tištěná verze "print"},
   language = {eng},
   location = {UK},
   isbn = {978-1-911218-81-4},
   pages = {387-394},
   publisher = {Reading: Academic Conferences and Publishing International Limited},
   title = {Age Diversity among Board Members in the Czech companies},
   year = {2018}
}

TY  - JOUR
ID  - 1421763
AU  - Janošová, Lenka
PY  - 2018
TI  - Age Diversity among Board Members in the Czech companies
PB  - Reading: Academic Conferences and Publishing International Limited
CY  - UK
SN  - 9781911218814
KW  - age diversity
KW  - age diversity measurement
KW  - firm performance
KW  - company board
KW  - ROA
N2  - The paper presents a basic comparison of the methods we can use to calculate age diversity among board members. Age diversity is nowadays a widely discussed topic all around word, which is also reflected in the area of corporate governance. Age diversity may have a real impact on knowledge transfer, the decision-making process and problem solving and, therefore, on the overall profitability of businesses. But researchers are still avoiding covering age diversity in their research, since there is no well-established method to express age diversity in numbers. Some authors circumvent the computation of real age diversity and use the average age instead. However, this solution cannot be considered as sufficient, so we will provide an overview of the possible methods for age-diversity measurement which have already been used in the past as well as showing some of our own suggestions. The aim of this paper is to demonstrate the age composition of executive board members in joint-stock companies from a sample of 41 Czech companies from the manufacturing industry. The paper explores the current theoretical background of diversity, especially the methods of age-diversity measurement. Afterwards, these methods are applied on the selected sample of Czech companies. The initial sample included 41joint-stock companies. The final sample consists of 39Czech companies operating in the Czech Republic. For this sample we were able to gain basic data describing the number of board members, their age as well as recently published financial statements, including EBIT and ROA. We used these indicators to evaluate the relationship between age diversity and the firm´s profitability. In particular, we want to figure out if there are any differences in our results when using various methods of age-diversity measurement.
ER  -

JANOŠOVÁ, Lenka. Age Diversity among Board Members in the Czech companies. In \textit{Proceedings of the 6th International Conference on Management, Leadership and Governance (ICMLG 2018)}. UK: Reading: Academic Conferences and Publishing International Limited, 2018, s.~387-394. ISBN~978-1-911218-81-4.

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