Správa společnosti a indikátory výkonnosti

Abstract

In the business life the generally recognized precondition exists that effective corporate governance is in positive causa[ context with the performance indicators of the company. On the other hand the review of research about corporate governance's contribution to corporate performance reveals that the evidence of contribution is not clear and systematic. The article summarizes the outcomes of some studies among firms in developing and developed markets and emphasizes the importance of the practical adoption of good governance principles for the image of the company. Very important issue ís the calibration the governance standards of companies on equal basis. The firm Standard and Poor's launched in 2001 a new service for investors and companies Corporate Governance Score (CGS), which refiects assessment of company 's corporate governance practices and policies. ln the article is this approach shortly presented. In conclusion the situation in the Czech Republic is analysed and the hypothesis for the Czech companies is expressed based on the necessity of the strong legal protection of investors, contract enforcement and the rule of law as complementary aspects of a strong corporate governance system.