Efficiency of Supervisory Board of Industrial Enterprises: Domestic and Foreign Experience
Journal Title: Бізнес Інформ - Year 2014, Vol 12, Issue 0
Abstract
The article is aimed to identify the key factors for effective operation of supervisory board on the basis of practical experience of corporate management in domestic and foreign enterprises. Based on the analysis, systematizing and synthesis of scientific papers by many scientists, the need to include independent directors to the supervisory board has been considered. As result of the study, factors of an effective functioning of supervisory board were systematized and determined. Tools to improve the efficiency of supervisory boards in the Ukrainian enterprises has been proposed. Prospects for further research in this area is analysis of results of implementation of the proposed tools, studying of necessity for including the representatives of minority shareholders as well as regular employees in the supervisory boards. The further development of studying the factors of efficiency of supervisory boards can contribute to betterment of the level of corporate administration as well as improving competitiveness of enterprises.
Authors and Affiliations
Nadiya Kharchenko
Keywords
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