Business targets and corporate governance models

Purpose: The purpose of the study was to compare the management practices of American, German and Polish enterprises in the cross-section of business objectives analysed. Design/methodology/approach: The paper assumes that the differences in setting business objectives result from the differences in corporate governance models. The study used the Kruskal-Wallis One-way Analysis of Variance by Ranks and multiple comparisons of mean ranks for all samples. Findings: The study found that some of the management practices of German, Polish and American enterprises differed across business objectives. However, differences in management practices did not always coincide with differences in corporate governance models. The research shows that corporate governance institutions do not always explain existing differences in management practices, and that the setting of business objectives also depends on other factors. Originality/value: The conducted research enriches the literature in the area of strategic management by issues concerning the determinants of setting business goals in enterprises.

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Opracowanie rekordu ze środków MEiN, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2022-2023).