Purpose: Paying attention to the determinants of the growing role of people and their knowledge as factors supporting the development of entities in the period of recovery from the crisis. Design/methodology/approach: the study is based on a critical analysis of the literature, and due to the topicality of the analyzed issues, also on the basis of press publications and internet sources. The subject area includes issues related to human capital in the situation of recovering from the crisis and changing the strategy. Findings: The considerations presented in this study show that appropriate human capital management is a factor supporting the change of strategy towards development in the period of recovery from crisis. Practical implications: Theoretical considerations are supplemented with the results of world research in the field of human capital management. As a result, the current trends recommended in this area of management are indicated. They constitute the guidelines for managers on how to deal with human capital so that it supports the development of the enterprise. Social implications: Recognizing effective ways of managing human capital may have multifaceted beneficial socio-economic consequences. Overcoming the crisis and entering the phase of redevelopment is important both for the state and for society. Originality/value: The study shows a specific approach to human capital, which not only determines the effective management of a company in a crisis situation, but when properly managed it supports the transition from crisis-related stagnation to the strategy of re-development after the crisis.
Purpose: The purpose of this paper is to show that the code of good practice and the recommendations concerning CG - corporate governance in listed companies, through increased transparency, can be a tool supporting management in the period of crisis. Design/methodology/approach: The article is based on a critical analysis of the literature, mainly in the field of corporate governance, current press publications, as well as an analysis of secondary data of listed companies in the period June-September 2021. Findings: The considerations presented in this paper show that CG can be perceived as a tool supporting management, especially in times of crisis which will enable the company to have better transparency. The principles contained in the code of good practice will serve as recommendations for companies in the CG area. Research limitations/implications: The pilot study performed among all listed companies showed high compliance with companies with regard to the completion of the declaration on the use of CG in the light of the amended guidelines in 2021. Practical implications: The presented considerations are partly theoretical but are supplemented with the results of the analysis of the actual activities of entities in the area of governance during the crisis. They can be useful in practice for managers of various enterprises because they present the tools of CG that can be effectively used to improve the functioning of a company in a crisis. Social implications: Presenting governance in this light may raise greater interest in the concept. Its application in practice may have multifaceted beneficial social, economic, and even environmental consequences. Originality/value: The study shows a specific approach to the issues of CG. It is not only a well-perceived code of good practice but above all a tool supporting management and recommending solutions to companies in a specific time of crisis. The paper fills the cognitive gap in the studied area.
Purpose: Drawing attention to some positive aspects caused by the pandemic in the area of business management and presenting skilful change management, the application of new technologies and the use of flexibility as a way to survive and emerge from the crisis. Design/methodology/approach: The study was developed on the basis of a critical analysis of the literature, and due to the topicality of the subject matter, on the basis of numerous press publications and internet sources. Findings: The considerations presented in this paper have shown that adaptive change, the implementation of new technologies and flexibility are the factors that will allow the enterprise to survive the crisis. Practical implications: Although the presented considerations are theoretical in nature, they are supported by the results of research that was conducted on the Polish market. They can be useful in practice for managers of various enterprises. They show what behaviours can help enterprises to survive in a crisis situation. Social implications: Presenting the ways of dealing with the crisis can have multi-faceted beneficial socio-economic consequences. The survival of enterprises in the conditions of the crisis is important both for the state and for the society. Originality/value: The study shows that despite the entire scale of problems and negative effects caused by the pandemic, there are also some situations that can be assessed positively. Flexibility and effective implementation of changes that were not planned before in some enterprises and the use of new technologies that helped companies to survive this difficult time are an example here.
Purpose: Identification of corporate governance as a concept combining the ethical and economic dimension of contemporary organizations, taking into account the category of enterprise value. Design/methodology/approach: The paper is based on critical analysis of the literature, mainly in the field of corporate governance, as well as in the area of corporate value and ethics in management. Findings: The considerations presented in this study show that corporate governance can be approached as a management tool that would enable an enterprise to achieve various goals, both in the area of economic efficiency and business ethics. This means that corporate governance can be perceived as a factor that links the ethical and economic dimensions of contemporary management. Practical implications: Although the presented considerations are theoretical, they can be useful in practice in the work of managers of various enterprises. That is because they show the effects that can be achieved through introducing elements of corporate governance in the company. They show governance as a tool enabling the achievement of various goals. Social implications: Presenting governance in this way may result in greater interest in this concept. Its application in practice may cause multi-faceted beneficial socioeconomic consequences because governance provides such possibilities. Originality/value: This study shows a specific approach to the issues of corporate governance. This is not only a well-perceived code of good practices, but – above all – a tool for achieving various goals that are important for the functioning of modern enterprises.
Cooperation with banks is an integral element of enterprisal operations. However, the needs, as well as models of cooperation can be diverse. The goal of the paper is to present and identify the nature of relationships between enterprises and banks. On the basis of literature studies and analysis of examples from practice, the paper presents existing models of enterprise-bank cooperation, both theoretical and those observed in practice. Attention is also paid to the problems observed in this sphere and the need of further changes, necessary to improve cooperation between enterprises and banks.
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