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Do Characteristics Matter?

Analysis on Company's Performance and Corporate Social Actions

Do Characteristics Matter?

Analysis on Company's Performance and Corporate Social Actions

Samenvatting

The collapse of Enron in 2001 made policy makers developed some new addition to corporate governance regulations. According to OECD (2015) there are 5 principles of good corporate governance which are transparency, fairness, accountability, responsibility and independency. CEOs need to be accountable and responsible to their stakeholders. One of the ways to be accountable to their shareholders is through delivering good performance and being responsible to stakeholders could be reached with good corporate social responsibility practices. According to Collins (2001), he stated that personal characteristics influenced leadership style which could influence performance. Knowing this, we came to a question how do characteristics influence business performance and CSR practices?
Using literature studies, we made some matrixes that differentiate the good-performing and underperforming CEOs characteristics. By using those matrixes we did intra-analysis and also inter-analysis. Finally, we found out that CEO characteristics have influence on decision-making process and corporate cultures which affect business performance, but we could not find a strong evidence that proves characteristics also affect corporate social responsibility.

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OrganisatieSaxion
OpleidingAccountancy
Datum2016-07-01
TypeBachelor
TaalEngels

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