Determination of Indicators of Corporate Governance Performance Measurement in the Czech Republic
Stanovení indikátorů pro měření výkonnosti Corporate Governance v podmínkách České republiky
Marie Dočekalová
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Marie Dočekalová: Brno University of Technology
Acta Universitatis Bohemiae Meridionalis, 2013, vol. 16, issue 1, 15-23
Abstract:
Effective Corporate Governance is seen as a key factor in achieving economic performance. This article aims to define key performance indicators (KPIs) of Corporate Governance (CG). Defined indicators in a clear, understandable and measurable way reflect the performance of CG. To meet the objectives of the article, a literature search was performed. Approaches of international organizations (IFAC, DVFA, EABIS and UNCTAD) to measure the performance of CG were analysed. In addition, a questionnaire survey was carried out. The purpose of the questionnaire survey was to describe the current situation and approach of companies to the issue of CG. Based on a synthesis of the knowledge 14 KPIs divided into six areas are proposed: Strategy; Effectiveness of CG; Corruption & anti-competitive behaviour; Involvement in politics & payments to public officials and institutions; Relations with stakeholders; and Compliance.
Keywords: Corporate Governance; Czech Republic; Performance of Corporate Governance; Key performance indicators (search for similar items in EconPapers)
JEL-codes: C35 G32 G33 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:boh:actaub:v:16:y:2013:i:1:p:15-23
DOI: 10.32725/acta.2013.002
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