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1

The Lawful Execution of Employer Rights is an Important Subsystem of Corporate Governance (A Labour Case Study)

100%
Nagy Z. I., Való V.
DANUBE: Law and Economics Review
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2013
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vol. 4
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issue 3
201-217
EN
In the world of work, the political transition created a difficult situation in Hungary which has become even less favourable in the 2010s. Employees are exposed to numerous infringements. The case study presented at previous MEB conferences and continued herein illustrates the vulnerability of employees. The case study provides an excellent opportunity for the presentation of the special Hungarian labour law (the conclusion of an employment relationship, payment of wages, performance of work, trial period, termination, corporate dismissal, etc.) and for summarising the lessons learned. In addition to the court judgement involving heavy expenditure, it can also be concluded that successful corporate work can only be achieved by respected and skilled employees, and the loyalty of employees is the key source of results. This, in turn, can only be achieved if the representatives of the owners and the management of the company pay great attention, as a subsystem, to the lawful employment and motivation of employees.
2
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Gender Diversity Impact on Corporate Social Responsibility (CSR) and Greenhouse Gas Emissions in the UK

100%
Konadu R.
Economics and Business Review
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2017
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vol. 3(17)
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issue 1
EN
This study provides further evidence on the relationship between the Corporate Social Responsibility (CSR) Committee and corporate environmental performance in the United Kingdom. For the purpose of exploring corporate environmental performance, the study uses Greenhouse Gas (GHG) emissions as the proxies. In the UK, listed companies report their GHG emissions under the three main emissions categories (i.e., Scope 1, Scope 2 and Scope 3) as developed by GHG protocol standards. Using Scopes 1 and 2 GHG emissions, the study proposes a negative relationship between the CSR committee and Scope 1 emissions, whereas, a positive link is proposed between CSR committee and Scope 2 emissions. The findings in this study support the hypotheses that scope 1 emission and CSR committees are negatively associated while a positive relationship was found between Scope 2 and CSR committee. Also, this research reveals the significant roles played by the presence of an environmental team and female gender diversity in moderating the CSR committee and GHG emissions relationship. Though, the CSR committee was found to have a positive effect on reducing GHG emissions, the presence of the environmental team had a much significant influence on reducing corporate GHG emissions. The findings are relevant for decision making and corporate governance measures to reduce corporate GHG emissions.
3
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Nadzór korporacyjny w kontekście globalizacji

100%
Samborski A., Uniwersytet Ekonomiczny w Katowicach; Wydział Zarządzania; Katedra Zarządzania Przedsiębiorstwem
Acta Universitatis Lodziensis. Folia Oeconomica
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2012
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vol. 267
EN
Globalization is the leading concept, which has become an immanent feature of the contemporary world. Almost all enterprises have been affected by occurring changes in the global economy. Progression from finance seized with hubris, through financialized governance, and instrumented management led to an economic collapse in 2007. It is a reflection of the „failing regulations”, or more precisely, the end of the myth of self-regulation, whether by market or professional bodies set up to do so. It appears therefore necessary to create a new framework, including a new perspective on finance (through the prism of social science), and a corporate governance system more stakeholder-oriented. Under conditions of free market economy, a good corporate governance system should integrate the various areas of governance, namely, regulatory, market, stakeholders, internal (shareholders), with varying methods of governance and the mechanisms at different times and conditions.
4
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Strategiczna karta wyników jako narzędzie wspomagające nadzór korporacyjny

75%
Siemionek M., Siemionek A.
Studia Prawno-Ekonomiczne
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2014
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vol. XCIII (93)
301-312
EN
The paper focuses on Balanced Scorecard as a tool to support corporate governance. The authors explain the nature of corporate governance and BSC and its role in enterprises developmental strategy. Basic corporate governance mechanism are also presented in this paper as well as benefits of BSC implementation
5

Internet Transparentnost u Finansijskom Sektoru Bosne i Hercegovine/ Internet Transparency in Financial Sector in Bosnia and Herzegovina

75%
Zlatković M.
ECONOMICS
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2015
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vol. 3
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issue 2
73-88
XX
Podizanjem kvaliteta korporativnog upravljanja povećava se vrijednost preduzeća na tržištu, omogućuje korištenje svih oblika finansiranja: domaćeg i međunarodnog, javnog i privatnog, a samim tim jača i njihov dugoročni prosperitet. Svrha ovog rada je istraživanje internet transparentnosti u bankama i osiguravajućim društvima Bosne i Hercegovine i uočavanje razlika između sektora banaka i sektora osiguravajućih društava u pogledu stepena transparentnosti pojedinih oblasti iz domena korporativnog upravljanja. Podaci potrebni za istraživanje su dobijeni pregledanjem internet stranica posmatranih subjekata. Rezultati diskriminacione analize su pokazali da postoji razlika u internet transparentnosti između banaka i osiguravajućih društava.
EN
Raising the quality of corporate governance has a direct positive impact on company’s market value, allowing the use of variety of forms of financing: national and international, public and private, which strengthen their long-term development. The purpose of this paper is to explore the Internet transparency in banks and insurance companies in Bosnia and Herzegovina and detect the differences between the banking and insurance sectors in terms of transparency in certain areas of corporate governance. The necessary data for the study were obtained by reviewing corporate websites. The results of discrimination analysis show that there is a difference in the internet transparency between banking and insurance sectors in Bosnia and Herzegovina.
6

Diversity in Board of Directors: Review of Diversity as a Factor to Enhance Board Performance

75%
Pechersky A.
Studia Commercialia Bratislavensia
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2016
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vol. 9
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issue 33
88-101
EN
In light of growing corporate influence in the business world and thus increasing further need to improve framework of corporate governance for shareholders’ protection, diversity is examined as a necessary factor to enhance monitoring and leadership functions of board of directors. This article analyses empirical studies with samples on various countries in order to examine effect of board composition and diversity on primary responsibilities of Board of Directors. Author is providing theoretical overview of diversity benefits and practical perspective of gender, qualifications, and background diversity in board performance. Our results show an added value of gender diversity to company performance in social and healthcare industries. Furthermore, author shows a rather negative effect of gender quotas. This study sheds a light on empirical researches and a need to include additional cultural factors called country readiness factors.
7
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Klasyfikacja systemów nadzoru korporacyjnego – podejście alternatywne

63%
Golec A., Zamojska A.
Problemy Zarządzania
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2014
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issue 2/2014 (46)
49-67
PL
Celem artykułu jest dokonanie przeglądu dotychczasowych klasyfikacji narodowych systemów nadzoru korporacyjnego oraz próba zaproponowania alternatywnej klasyfikacji modeli corporate governance przy wykorzystaniu indeksów World Economic Forum. W odróżnieniu od dotychczas opublikowanych koncepcji, autorki dokonały klasyfikacji 114 gospodarek, opartej na zmiennych ilościowych. Analiza obejmuje dane opublikowane dla lat 2005–2011, dotyczące poziomu rozwoju ram instytucjonalnych i rynków finansowych. Punkt wyjścia rozważań stanowi teza, iż silne ramy instytucjonalne danego kraju sprzyjają rozwojowi rynku finansowego, dlatego klasyfikacja systemów nadzoru korporacyjnego do jednego z czterech modeli: autonomicznego, rynkowego, mieszanego oraz instytucjonalnego powinna bazować na ocenie pozycji rynku finansowego względem poziomu rozwiązań instytucjonalnych w danym państwie. Kryterium klasyfikacji stanowią więc efekty indywidualne, wyznaczone na podstawie modelu zależności poziomu rozwoju rynku finansowego od poziomu rozwoju ram instytucjonalnych w danym kraju.
EN
The aim of the paper is to review existing taxonomies of national Corporate Governance systems and to present an alternative classification approach using World Economic Forum indexes. In contrast to former concepts, the presented taxonomy classifies 114 economies and is based on quantitative variables. The analysis covers data published for the period of 2005-2011, referring to institutional framework quality and financial market development assessments. The authors verify the hypothesis that a strong institutional framework supports financial market development in a country and therefore the classification of its Corporate Governance system to one of the defined models: autonomous, market-oriented, mixed or institutional should rely on relative financial market assessment measures. The individual fixed effects estimated in a panel model of institutional framework and financial market development dependency create a new classification criteria.
8
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Rola zaufania społecznego w kształtowaniu standardu transparentności nadzoru korporacyjnego w spółkach komunalnych

51%
Zieliński B.
Gospodarka w Praktyce i Teorii
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2016
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vol. 42
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issue 1
EN
The article is an attempt to present the idea of social trust as an important element in the corporate governance of companies with the participation of local government units. It is mentioned about the need to raise standards of transparency in these companies. There is also a proposal to take into account the relevance of sociological theories in the studies of corporate governance.
PL
Ocenie funkcjonowania nadzoru korporacyjnego w Polsce poświęcono wiele publikacji. Zagadnienie to w sposób pośredni dotyczy każdego człowieka, szczególnie wtedy, gdy mowa jest o nadzorze na spółkami komunalnymi. Artykuł stanowi próbę przedstawienia idei zaufania społecznego jako istotnego elementu w nadzorze korporacyjnym spółek kapitałowych z udziałem jednostek samorządu terytorialnego. Zauważona jest w nim konieczność podnoszenia standardów w zakresie transparentności w takich przedsiębiorstwach. Artykuł jest także propozycją uwzględnienia teorii socjologicznych w badaniach nad nadzorem korporacyjnym.
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