The Impact of Corporate Governance on the Value of Enterprises

Abstract

Wspó czesne realia ycia gospodarczego ka spojrze na funkcjonowanie przedsi biorstwa przez pryzmat nie tylko podstawowego celu, jakim jest d enie do maksymalizacji zysku, ale z uwzgl dnieniem przy jego wypracowaniu potrzeb szerszej grupy interesariuszy. Dlatego coraz cz ciej przy dokonywaniu pomiaru warto ci przedsi biorstwa uwzgl dnia si aspekty jako ciowe, które wp ywaj na efektywno funkcjonowania przedsi biorstwa, jak równie na jego wycen . Do takich w a nie elementów zalicza si mechanizmy corporate governance. Podstawow rol , jak przypisuje si rekomendacjom corporate governance, jest stworzenie ram i wytycznych, w oparciu o które przedsi biorstwo powinno prowadzi swoj dzia alno , je li chce sprosta wymogom konkurencyjno ci i podnie swoj warto rynkow . S owa kluczowe: ad korporacyjny, warto przedsi biorstwa.The modern realities of economic life suggest looking at the functioning of an enterprise not only from the perspective of profit maximization but also with account being taken of the needs of a broader group of stakeholders. Therefore, more and more often, when measuring the value of a business, the qualitative aspects that affect the effectiveness of a company's operations as well as its valuation are taken into account. Such elements include corporate governance mechanisms. The core role attributed to the recommendations on corporate governance is creating a framework and guidelines based on which an enterprise should conduct its business in order to meet the requirements of competitiveness and increase its market value.

Influence of Capital on Firm Value Through Enterprise Risk Management in Banking

“…According to the research of Luo et al (2016) which explained that to identify high-quality companies and lowquality companies were 92.16 percent and 93.75 percent, respectively, which indicated that the model has realized good predictions. While research on Wierzbicka (2018) with her research about these elements, they included corporate governance mechanisms. The basic role associated with corporate governance recommendations is to create the framework and guidelines on which the company runs its operations, if it is to fulfill its competitiveness requirements and increase its market value.…”