Gender equality and corporate governance in Slovakia

dc.contributor.authorMusa, Hussam
dc.contributor.authorDebnárová, Lenka
dc.contributor.authorMusová, Zdenka
dc.contributor.authorKrištofík, Peter
dc.contributor.otherEkonomická fakultacs
dc.date.accessioned2017-03-21
dc.date.available2017-03-21
dc.date.issued2017-03-15
dc.description.abstractGender representation on company boards is controversial and currently a highly debated issue in corporate governance. It is also considered to be an important tool of corporate responsibility in economic areas. Of all the progressive actions that the EU and Member States have implemented to revive the European economy, the issue of women's participation in the labor market, particularly in corporate governance, merits more attention. Equality between women and men is one of the European Union's founding values yet clearly there are significant differences in pay by gender and representation of women on boards. One of the principles of corporate governance, the responsibilities of the board, is closely related to the issue of gender equality. According to this principle the board should ensure the strategic management of the company, the effective monitoring of management and should act responsibly towards both society and shareholders. These activities may be determined by many factors and one of them is gender equality. Advancing gender equality in the labor market continues to be a policy objective in many European Union countries. Wide national variations are evident in strategies and accomplishments towards improving gender equality at all levels of the labor market, including corporate governance roles. This paper focuses on the effect of gender diversity on corporate governance in companies listed on the Bratislava Stock Exchange. We measured the level of corporate governance by using a corporate governance index, compiled separately by company, and based on information from companies` annual reports. The paper uses a correlation analysis to examine the association between the representation of women on boards and the level of corporate governance. To the best of our knowledge, this is the first paper to investigate the link between corporate governance and gender equality in companies on the Bratislava Stock Exchange.en
dc.formattext
dc.format.extent98-110 s.cs
dc.identifier.doi10.15240/tul/001/2017-1-007
dc.identifier.eissn2336-5604
dc.identifier.issn1212-3609
dc.identifier.urihttps://dspace.tul.cz/handle/15240/19858
dc.language.isoen
dc.publisherTechnical university of Liberec, Czech Republicen
dc.publisherTechnická Univerzita v Libercics
dc.publisher.abbreviationTUL
dc.relation.isbasedonAdams, R., & Ferreira, D. (2009). Women in the boardroom and their impact on governance and performance. Journal of Financial Economics, 94(2), 291-309. doi:10.1016/j.jfineco.2008.10.007.
dc.relation.isbasedonAdamska, M., & Minárová, M. (2014). Role of Learning Organization in Building consumer Confidence. E&M Ekonomie a Management, 17(1), 62-72. doi:.
dc.relation.isbasedonÁlvarez, I., Sanchez, I., & Dominguez, L. (2010). The influence of gender diversity on corporate performance. Revista de Contabilidad – Spanish Accounting Review, 13(1), 53-88. doi:10.1016/S1138-4891(10)70012-1.
dc.relation.isbasedonBútorová, Z. (2009). Ona a on na Slovensku: Zaostrené na rod a vek. Bratislava: Inštitút pre verejné otázky. Retrieved October 19, 2014, from .
dc.relation.isbasedonCadbury, A. (1992). Cadbury Codex: The Financial Aspects of Corporate Governance. Retrieved October 20, 2013, from http://www.ecgi.org/codes/documents/cadbury.pdf.
dc.relation.isbasedonCai, C. X., Keasez, K., & Short, H. (2006). Corporate Governance and Information Efficiency in Security Markets. European Financial Management, 12(5), 763-787. doi:10.1111/j.1468-036X.2006.00276.x.
dc.relation.isbasedonCarroll, A. B. (1999). Corporate Social Responsibility. Evolution of a Definitional Construct. Business & Society, 38(3), 268-295. doi:10.1177/000765039903800303.
dc.relation.isbasedonDobbin, F., & Jung, J. (2011). Corporate board gender diversity and stock performance: The competence gap or institutional investor bias? Cambridge: Harvard University. Retrieved October 11, 2014, from .
dc.relation.isbasedonEger, L., & Indruchová, Z. (2014). Diversity Management – Perceptions and Attitudes by Czech Managers. E&M Ekonomie a Management, 17(1), 73-81. doi:.
dc.relation.isbasedonElbadry, A. (2010). Corporate Governance and Asymmetric Information. Saarbrucken: VDM Verlag Dr. Muller GmbH & Co.
dc.relation.isbasedonEuropean Commission. (2010). EURÓPA 2020. Stratégia na zabezpečenie inteligentného, udržateľného a inkuzívneho rastu. Brussels: European Commission. Retrieved September 18, 2014, from .
dc.relation.isbasedonEuropean Commission. (2012). Women in economic decision-making in the EU: Progress report. Brussels: European Commission. Retrieved September 20, 2014, from .
dc.relation.isbasedonEuropean Commission. (2014a). Report on Progress on equality between women and men in 2013. A Europe 2020 initiative. Brussels: European Commission. Retrieved September 9, 2014, from .
dc.relation.isbasedonEuropean Commission. (2014b). Boosting equality between women and men in the EU. Key actions and figures. Brussels: European Commission. Retrieved September 9, 2014, from .
dc.relation.isbasedonHorehájová, M., & Marasová, J. (2008). The Institutional Factors of the Corporate Social Responsibility Development in the Central European. E&M Ekonomie a Management, 11(2), 58-64.
dc.relation.isbasedonHubbard, E. E. (2004). Diversity Management. Amherst: HRD Press.
dc.relation.isbasedonMallin, C. (2013). Corporate Governance. Oxford: Oxford University Press.
dc.relation.isbasedonMartinčík, D., & Polívka, M. (2012). Contribution of Corporate Social Responsibility to the Shareholder Value: Experimental Perspective. E&M Ekonomie a Management, 15(3),108-124.
dc.relation.isbasedonMusová, Z., & Poliačiková, E. (2008). Spoločenská zodpovednosť ako významný nástroj firemnej politiky. In M. Orviská, & P. Pisár (Eds.), Lisabonská stratégia pre rast a zamestnanosť. Zborník príspevkov z medzinárodnej vedeckej konferencie (pp. 1-7). Banská Bystrica: Univerzita Mateja Bela, Ekonomická fakulta.
dc.relation.isbasedonOECD. (2004). OECD Principles of Corporate Governance. Paris: OECD Publications Service. Retrieved May 20, 2014, from .
dc.relation.isbasedonSopková, E., & Raškovská, K. (2012). The Implementation of the Concept of corporate Social Responsibility in the Area of Income Tax in the Slovak Republic. E&M Ekonomie a Management, 15(2),125-140.
dc.relation.isbasedonSrinidhi, B., Gul, F., & Tsui, J. (2011). Female Directors and Earnings Quality. Contemporary Accounting Research, 28(5), 1610-1644.
dc.relation.ispartofEkonomie a Managementcs
dc.relation.ispartofEconomics and Managementen
dc.relation.isrefereedtrue
dc.rightsCC BY-NC
dc.subjectgender policyen
dc.subjectgender equalityen
dc.subjectcorporate social responsibilityen
dc.subjectcorporate governanceen
dc.subjectcorporate governance indexen
dc.subjectSlovakiaen
dc.subject.classificationG34
dc.subject.classificationJ16
dc.subject.classificationM14
dc.titleGender equality and corporate governance in Slovakiaen
dc.typeArticleen
local.accessopen
local.citation.epage110
local.citation.spage98
local.facultyFaculty of Economics
local.fulltextyes
local.relation.abbreviationE+Mcs
local.relation.abbreviationE&Men
local.relation.issue1
local.relation.volume20
Files
Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
EM_1_2017_07.pdf
Size:
945 KB
Format:
Adobe Portable Document Format
Description:
článek
Collections