Differences in the Composition of Management and Supervisory Boards in Polish Joint-Stock Companies
Differences in the Composition of Management and Supervisory Boards in Polish Joint-Stock Companies
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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 simply boho classroom 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 My Mom Dad Is Well Trained Funny Cartoon Dog Gift For Dog Lover Personalized Shirt 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.