Sustainability and its Integration into Corporate Governance Focusing on Corporate Performance Management and Reporting
Result description
This paper discusses corporate governance and its necessary change with regard to trends in society, especially in view of the concept of sustainability. Corporate sustainability is understood as the ability of companies to positively influence environmental, social and economic development through their governance practices and market presence. The approach of enterprises to sustainability and the level of integration of sustainability into corporate governance were examined by the author's empirical research conducted among enterprises in the CzechRepublic in 2012. It was found that enterprises are aware of the importance of the concept of sustainability to achieve corporate performance in the long term. However, sustainability is not integrated intoindividual business processes (especially by small and medium-sized enterprises), as research results demonstrated. Focus on the company's financial results is prevalent. Many enterprises do not work with sustainability within corporate
Keywords
non-financial reportingcorporate performancecorporate governanceSustainability
The result's identifiers
Result code in IS VaVaI
Result on the web
DOI - Digital Object Identifier
Alternative languages
Result language
angličtina
Original language name
Sustainability and its Integration into Corporate Governance Focusing on Corporate Performance Management and Reporting
Original language description
This paper discusses corporate governance and its necessary change with regard to trends in society, especially in view of the concept of sustainability. Corporate sustainability is understood as the ability of companies to positively influence environmental, social and economic development through their governance practices and market presence. The approach of enterprises to sustainability and the level of integration of sustainability into corporate governance were examined by the author's empirical research conducted among enterprises in the CzechRepublic in 2012. It was found that enterprises are aware of the importance of the concept of sustainability to achieve corporate performance in the long term. However, sustainability is not integrated intoindividual business processes (especially by small and medium-sized enterprises), as research results demonstrated. Focus on the company's financial results is prevalent. Many enterprises do not work with sustainability within corporate
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Procedia Engineering
ISBN
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ISSN
1877-7058
e-ISSN
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Number of pages
8
Pages from-to
"1144?1151"
Publisher name
Elsevier
Place of publication
Amsterdam
Event location
University of Zadar, Croatia
Event date
Oct 23, 2013
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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Basic information
Result type
D - Article in proceedings
CEP
AE - Management, administration and clerical work
Year of implementation
2014