Audit committee practice in the polish listed stock companies. Present situation and development perspectives
The audit committee is one of the parts of corporate governance mechanism, which is understood as the relationship between corporate managers, directors and the providers of equity, people and institutions who save and invest their capital to earn the return. This study presents survey research resu...
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| Format: | Article |
| Language: | English |
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Vilnius Gediminas Technical University
2012-06-01
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| Series: | Business, Management and Education |
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| Online Access: | https://www.mla.vgtu.lt/index.php/BME/article/view/4658 |
| _version_ | 1818823334832373760 |
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| author | Piotr Szczepankowski |
| author_facet | Piotr Szczepankowski |
| author_sort | Piotr Szczepankowski |
| collection | DOAJ |
| description | The audit committee is one of the parts of corporate governance mechanism, which is understood as the relationship between corporate managers, directors and the providers of equity, people and institutions who save and invest their capital to earn the return. This study presents survey research results of audit committee activity in Polish public stock companies quoted on the Warsaw Stock Exchange (WSE). The purpose of this paper is to present the audit committee practice in Poland after 2009. The paper shows that the audit committee practice is still the most problematic issue of transitional Polish corporate governance rules. The survey has shown that the corporate needs and its implementation, and communication with listed companies leave a lot of room for improvement. The paper is based on the documents prepared in 2010 by PricewaterhouseCoopers, the Polish Association of Listed Companies and the Polish Institute of Directors. |
| first_indexed | 2024-12-18T23:38:20Z |
| format | Article |
| id | doaj.art-3006fbf0db494005b2a1cb77af18bee0 |
| institution | Directory Open Access Journal |
| issn | 2029-7491 2029-6169 |
| language | English |
| last_indexed | 2024-12-18T23:38:20Z |
| publishDate | 2012-06-01 |
| publisher | Vilnius Gediminas Technical University |
| record_format | Article |
| series | Business, Management and Education |
| spelling | doaj.art-3006fbf0db494005b2a1cb77af18bee02022-12-21T20:47:27ZengVilnius Gediminas Technical UniversityBusiness, Management and Education2029-74912029-61692012-06-0110110.3846/bme.2012.05Audit committee practice in the polish listed stock companies. Present situation and development perspectivesPiotr Szczepankowski0University of Finance and Management, Pawia Str. 55, 01-030 Warsaw, PolandThe audit committee is one of the parts of corporate governance mechanism, which is understood as the relationship between corporate managers, directors and the providers of equity, people and institutions who save and invest their capital to earn the return. This study presents survey research results of audit committee activity in Polish public stock companies quoted on the Warsaw Stock Exchange (WSE). The purpose of this paper is to present the audit committee practice in Poland after 2009. The paper shows that the audit committee practice is still the most problematic issue of transitional Polish corporate governance rules. The survey has shown that the corporate needs and its implementation, and communication with listed companies leave a lot of room for improvement. The paper is based on the documents prepared in 2010 by PricewaterhouseCoopers, the Polish Association of Listed Companies and the Polish Institute of Directors.https://www.mla.vgtu.lt/index.php/BME/article/view/4658audit committeecorporate governancelisted companiesWarsaw Stock Exchangesupervisory boardPolish economy |
| spellingShingle | Piotr Szczepankowski Audit committee practice in the polish listed stock companies. Present situation and development perspectives Business, Management and Education audit committee corporate governance listed companies Warsaw Stock Exchange supervisory board Polish economy |
| title | Audit committee practice in the polish listed stock companies. Present situation and development perspectives |
| title_full | Audit committee practice in the polish listed stock companies. Present situation and development perspectives |
| title_fullStr | Audit committee practice in the polish listed stock companies. Present situation and development perspectives |
| title_full_unstemmed | Audit committee practice in the polish listed stock companies. Present situation and development perspectives |
| title_short | Audit committee practice in the polish listed stock companies. Present situation and development perspectives |
| title_sort | audit committee practice in the polish listed stock companies present situation and development perspectives |
| topic | audit committee corporate governance listed companies Warsaw Stock Exchange supervisory board Polish economy |
| url | https://www.mla.vgtu.lt/index.php/BME/article/view/4658 |
| work_keys_str_mv | AT piotrszczepankowski auditcommitteepracticeinthepolishlistedstockcompaniespresentsituationanddevelopmentperspectives |