PL EN


2010 | 21 | 1-2 | 19-34
Article title

MANAGEMENT RESHUFFLES IN POLAND'S PUBLICLY TRADED COMPANIES AT A TIME OF ECONOMIC CRISIS (Rotacja zarzadów polskich spólek publicznych w warunkach kryzysu gospodarczego)

Authors
Selected contents from this journal
Title variants
Languages of publication
PL
Abstracts
EN
The paper examines selected aspects of management reshuffles in Poland's exchange-listed companies. Specifically, the analysis focuses on the dismissal and appointment of chief executive officers by the companies' supervisory boards in 2006-2009. The author identifies the possible causes for these changes. The research shows that company chairmen come and go. According to him, these reshuffles did not intensify after an economic crisis hit companies and their shareholders in 2008, leading to falling sales, lower profitability and a decreased market value. The frequency of management reshuffles at a time of crisis is similar to that observed under an economic boom. He concludes that the form of ownership has a greater influence on staffing decisions made by supervisory boards than the company's economic performance.
Year
Volume
21
Issue
1-2
Pages
19-34
Physical description
Document type
ARTICLE
Contributors
  • Piotr Urbanek, Uniwersytet Lódzki, Katedra Ekonomii Instytucjonalnej, ul. Rewolucji 1905r. 41/43, 90-214 Lódz, Poland
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
10PLAAAA07828
YADDA identifier
bwmeta1.element.59265cc1-56e5-3884-8819-bfcab5f03a0d
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