A Note on Effects of Corporate Governance and Social Responsibility in Insurance

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DEEV Oleg KHAZALIA Nino

Rok publikování 2017
Druh Článek ve sborníku
Konference Enterprise and Competitive Environment Conference Proceedings
Fakulta / Pracoviště MU

Ekonomicko-správní fakulta

Citace
www https://ece.pefka.mendelu.cz/sites/default/files/imce/ECE2017_fin.pdf
Obor Řízení, správa a administrativa
Klíčová slova insurance; corporate governance; corporate social responsibility
Popis The paper examines the effects corporate governance and social responsibility on financial performance of European insurance companies. The empirical evidence provides support for unbiased and objective boards, indicating that investors trust independent directors as protectors of shareholder value, and increased number of board members. As for social responsibility, three main factors turn out to be relatively more important than others, in particular, employee turnover, community spending and UN Global Compact signatory.
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