Compensation of the work of senior managers in large enterprises in the Czech republic

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F19%3APU130829" target="_blank" >RIV/00216305:26510/19:PU130829 - isvavai.cz</a>

Result on the web

<a href="https://www.ekf.vsb.cz/export/sites/ekf/erp21/.content/galerie-dokumentu/2018_sbornik_komplet.pdf" target="_blank" >https://www.ekf.vsb.cz/export/sites/ekf/erp21/.content/galerie-dokumentu/2018_sbornik_komplet.pdf</a>

DOI - Digital Object Identifier

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Result language

čeština

Original language name

Compensation of the work of senior managers in large enterprises in the Czech republic

Original language description

This article deals with the remuneration of senior managers in selected companies in the Czech Republic. The goal of management should be, above all, maximizing value for the owners, however, by separation of ownership and management, representation costs are incurred, and the manager can track interests other than those preferred by the owner. Effective manager remuneration is a specific issue for the entire economy, and the ideas for creating the best contract for rewarding managers are very different in practice. The article is based on a questionnaire survey in which work compensation and motivation of managers were identified. The respondents' views on the possible ways of linking their remuneration with the economic performance of the company were determined Jel Classification: D91, J33, M52

Czech name

Compensation of the work of senior managers in large enterprises in the Czech republic

Czech description

This article deals with the remuneration of senior managers in selected companies in the Czech Republic. The goal of management should be, above all, maximizing value for the owners, however, by separation of ownership and management, representation costs are incurred, and the manager can track interests other than those preferred by the owner. Effective manager remuneration is a specific issue for the entire economy, and the ideas for creating the best contract for rewarding managers are very different in practice. The article is based on a questionnaire survey in which work compensation and motivation of managers were identified. The respondents' views on the possible ways of linking their remuneration with the economic performance of the company were determined Jel Classification: D91, J33, M52

Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2019

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Economics and Business Management in the 21st Century

ISBN

978-80-248-4279-0

ISSN

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e-ISSN

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Number of pages

308

Pages from-to

56-66

Publisher name

VŠB - Technical University of Ostrava

Place of publication

Ostrava

Event location

Ostrava

Event date

Nov 28, 2018

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

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