Holistic competence level of corporate governance bodies in the selection process in the Czech Republic

Abstract

The main objective of the paper has been based on two-phased research to compare the level of holistic competence in selecting the members of governance bodies (Managing Board and Supervisory Board) between the two periods. Holistic competence was defined based on a holistic model of competence by Porvaznik (2008) and implementation of the model was subsequently described in the Corporate Governance based on a study by Taraba, Bartosikova and Bilikova (2014). Using methods of descriptive statistics and spider charts two data files were compared. Data were collected by questionnaire survey conducted among members of the Corporate Governance bodies operating in the Czech Republic in the period from April 2012 to April 2013 (Phase I) and in the period from September 2013 to February 2014 (Phase II.). There is also discussion as a part of paper conclusion which formulates the underlying causes of changes in the holistic assessment of competence in the selection of the members of corporate governance bodies and the recommendations made in this area.