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Development of Changes in Corporate Governance Considering Its Non-Financial Factors through the Companies´ and Investors´ Lens

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  • Andrea Krýslová

    (Brno University of Technology, Czech Republic)

Abstract

The aim of this paper is to extend the existing knowledge of the IPO influence on corporate governance with regard to the impact of non-financial factors. The paper brings a new perspective by defining non-financial factors that are affecting key aspects of corporate governance and focuses on the non-financial factors that influence corporate governance in the IPO phase and after its implementation. This paper closely examines non-financial factors that play the most important role in the companies’ and investors´ lens. Variability of non-financial factors in time is described and the basis of the relevant implementation that can move the company into the next successful phase of its financial future is proposed. Corporate governance does not have a global form or standard. The form of corporate governance is shaped by many different influences and is country-specific. Therefore, the Polish market was set as a reference point in order to eliminate the impact of these differences on the final outcome of the research.

Suggested Citation

  • Andrea Krýslová, 2018. "Development of Changes in Corporate Governance Considering Its Non-Financial Factors through the Companies´ and Investors´ Lens," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 7(4), pages 225-235, November.
    • Handle: RePEc:ods:journl:v:7:y:2018:i:4:p:225-235
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    References listed on IDEAS

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    1. Anurag Agarwal & Ajay Verma & Rajiv Kumar Agarwal, 2016. "Factors Influencing the Individual Investor Decision Making Behavior in India," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 5(4), pages 211-222, November.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    corporate governance; IPO; non-financial factors; investor;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • G41 - Financial Economics - - Behavioral Finance - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making in Financial Markets

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