Publication details

Stakeholder approach in Czech Republic

Authors

ČÁSTEK Ondřej

Year of publication 2007
Type Article in Proceedings
Conference International Conference on applied Business & Economics: Proceedings
MU Faculty or unit

Faculty of Economics and Administration

Citation
Field Economy
Keywords Stakeholder approach; stakeholder importance; Czech Republic; competitiveness
Description This paper presents first results of an empirical survey carried out by the Research Centre for Competitiveness of the Czech Economy at the Faculty of Economics and Administration at Masaryk University. This survey was conducted as a part of broader research focused on Czech corporations' competitiveness. Its aim is to identify factors constituting corporations' competitiveness. At this moment there are available data for first half of the intended sample. The chosen population are companies fulfilling these criteria: more than 50 employees, turnover of more than 1 million Czech crowns per employee per year, domicile in Czech Republic and form of the company joint stock company or limited company. These conditions resulted in population of approximately 7,000 corporations. The sample size was set up to 500 to secure statistical significance of tests. Authors' team believes that a research or survey of this size and objective hasn't been done in Czech Republic and is therefore unique. This paper is able to introduce the research in question, its framework and basis. Furthermore, it presents first results of a component devoted to perceiving of stakeholders in Czech companies. This is partially descriptive and partially explanatory study employing instrumental use of stakeholder theory as the results of survey will be linked to financial performance of the corporations. Also next steps of research will be outlined.
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