The Impact of Corporate Governance on the Value of Enterprises (Wplyw corporate governance na wartosc przedsiebiorstwa)
Anna Wierzbicka ()
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Anna Wierzbicka: Uniwersytet w Bialymstoku, Wydzial Ekonomii i Zarzadzania, Katedra Nauk o Przedsiebiorstwie
Research Reports, 2018, vol. 1, issue 27, 143-150
Abstract:
The modern realities of economic life suggest looking at the functioning of an enterprise not only from the perspective of profit maximization but also with account being taken of the needs of a broader group of stakeholders. Therefore, more and more often, when measuring the value of a business, the qualitative aspects that affect the effectiveness of a company’s operations as well as its valuation are taken into account. Such elements include corporate governance mechanisms. The core role attributed to the recommendations on corporate governance is creating a framework and guidelines based on which an enterprise should conduct its business in order to meet the requirements of competitiveness and increase its market value.
Keywords: corporate governance; enterprise value (search for similar items in EconPapers)
JEL-codes: G11 G12 G23 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:sgm:resrep:v:1:i:27:y:2018:p:143-150
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