Differences in the Composition of Management and Supervisory Boards in Polish Joint-Stock Companies
This paper aims to describe the characteristics of members of management and supervisory boards in 6,489 joint-stock companies registered in the Polish National Court Register from 2001 to 2017 and to highlight differences between companies depending on their ownership structure: private vs. state-o...
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| Format: | Article |
| Language: | English |
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Collegium of Economic Analysis, SGH Warsaw School of Economics
2022-03-01
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| Series: | Gospodarka Narodowa. The Polish Journal of Economics |
| Subjects: | |
| Online Access: | https://gnpje.sgh.waw.pl/Zroznicowanie-skladow-zarzadow-i-rad-nadzorczych-polskich-spolek-akcyjnych,145538,0,2.html |
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| author | Katarzyna Szarzec Bartosz Totleben Dawid Piątek |
| author_facet | Katarzyna Szarzec Bartosz Totleben Dawid Piątek |
| author_sort | Katarzyna Szarzec |
| collection | DOAJ |
| description | This paper aims to describe the characteristics of members of management and
supervisory boards in 6,489 joint-stock companies registered in the Polish National
Court Register from 2001 to 2017 and to highlight differences between companies
depending on their ownership structure: private vs. state-owned. We analysed
features such as the term of office, gender, age, and nationality. The average
term of a management board is two years and three months. In state-owned
enterprises (SOE), this period is several days shorter. Meanwhile, supervisory
boards have terms of two years and six months on average. In private companies,
the term of office is two months longer than in SOEs. The average board member
was 43.5 years old when appointed in private companies and about 45 years old
in SOEs. Men predominate in the boardrooms. Comparing management boards, the underrepresentation
of women is greater in SOEs. Meanwhile, in the case of
private companies, women are more underrepresented on the supervisory boards.
We show that the features of board members are statistically significant depending
on the ownership structure, but these differences are not large. |
| first_indexed | 2024-12-18T02:50:47Z |
| format | Article |
| id | doaj.art-33073cb6b5a84d5d987c121cce2cedf7 |
| institution | Directory Open Access Journal |
| issn | 0867-0005 2300-5238 |
| language | English |
| last_indexed | 2024-12-18T02:50:47Z |
| publishDate | 2022-03-01 |
| publisher | Collegium of Economic Analysis, SGH Warsaw School of Economics |
| record_format | Article |
| series | Gospodarka Narodowa. The Polish Journal of Economics |
| spelling | doaj.art-33073cb6b5a84d5d987c121cce2cedf72022-12-21T21:23:28ZengCollegium of Economic Analysis, SGH Warsaw School of EconomicsGospodarka Narodowa. The Polish Journal of Economics0867-00052300-52382022-03-013091799510.33119/GN/145538145538Differences in the Composition of Management and Supervisory Boards in Polish Joint-Stock CompaniesKatarzyna Szarzec0https://orcid.org/0000-0002-7675-2239Bartosz Totleben1https://orcid.org/0000-0003-3187-2285Dawid Piątek2https://orcid.org/0000-0001-9877-372XKatedra Makroekonomii i Badań nad Rozwojem, Instytut Ekonomii, Uniwersytet Ekonomiczny w Poznaniu, PolskaKatedra Makroekonomii i Badań nad Rozwojem, Instytut Ekonomii, Uniwersytet Ekonomiczny w Poznaniu, PolskaKatedra Makroekonomii i Badań nad Rozwojem, Instytut Ekonomii, Uniwersytet Ekonomiczny w Poznaniu, PolskaThis paper aims to describe the characteristics of members of management and supervisory boards in 6,489 joint-stock companies registered in the Polish National Court Register from 2001 to 2017 and to highlight differences between companies depending on their ownership structure: private vs. state-owned. We analysed features such as the term of office, gender, age, and nationality. The average term of a management board is two years and three months. In state-owned enterprises (SOE), this period is several days shorter. Meanwhile, supervisory boards have terms of two years and six months on average. In private companies, the term of office is two months longer than in SOEs. The average board member was 43.5 years old when appointed in private companies and about 45 years old in SOEs. Men predominate in the boardrooms. Comparing management boards, the underrepresentation of women is greater in SOEs. Meanwhile, in the case of private companies, women are more underrepresented on the supervisory boards. We show that the features of board members are statistically significant depending on the ownership structure, but these differences are not large.https://gnpje.sgh.waw.pl/Zroznicowanie-skladow-zarzadow-i-rad-nadzorczych-polskich-spolek-akcyjnych,145538,0,2.htmlsupervisory boardmanagement boardstate-owned enterprise |
| spellingShingle | Katarzyna Szarzec Bartosz Totleben Dawid Piątek Differences in the Composition of Management and Supervisory Boards in Polish Joint-Stock Companies Gospodarka Narodowa. The Polish Journal of Economics supervisory board management board state-owned enterprise |
| title | Differences in the Composition of Management and Supervisory Boards in Polish Joint-Stock Companies |
| title_full | Differences in the Composition of Management and Supervisory Boards in Polish Joint-Stock Companies |
| title_fullStr | Differences in the Composition of Management and Supervisory Boards in Polish Joint-Stock Companies |
| title_full_unstemmed | Differences in the Composition of Management and Supervisory Boards in Polish Joint-Stock Companies |
| title_short | Differences in the Composition of Management and Supervisory Boards in Polish Joint-Stock Companies |
| title_sort | differences in the composition of management and supervisory boards in polish joint stock companies |
| topic | supervisory board management board state-owned enterprise |
| url | https://gnpje.sgh.waw.pl/Zroznicowanie-skladow-zarzadow-i-rad-nadzorczych-polskich-spolek-akcyjnych,145538,0,2.html |
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