Holistic management and the selection of members of corporate governance authorities of organisations in the Czech Republic

Abstract

The article is focused on selecting members of the administrative bodies of companies carrying on business in the Czech Republic. It is desirable for the execution of good corporate governance that the members of the administrative bodies of the company have a Holistic Competence (proper attitude, necessary skills and developed knowledge) in the area of corporate governance. The main objective was to determine the level of application of the knowledge of Corporate Governance and Holistic Competence by members of the corporate governance of multinational and Czech joint-stock companies in the territory of the Czech Republic. On the basis of the results of the questionnaire survey recommendations are proposed concerning how to increase the level of corporate governance in the Czech Republic.