Directors remuneration and companies’ performance: the comparison of listed companies in Poland and UK

This paper examines the determinants of CEO compensation. There are many factors that influence CEO compensation. For this research three factors has been selected: companies size, accounting factor and market factor. The study looks at the relationship between each of this factors and directors remuneration. Sample of companies listed on London Stock Exchange (LSE) and Warsaw Stock Exchange (WSE) has been investigated over the period of 2007 – 2010. Data has been collected through annual reports content analysis and announcement on websites of LSE and WSE. Linear regression has been run on collected data. Positive correlation has been found between directors’ remuneration and companies size in both British and Polish listed companies. The relationship is also positive between directors pay and companies performance. Companies’ performance has been assets by return on equity ratio (ROE) and Tobin’s Q. All the findings are consistent with the outcome presented within previous research by variety of scholars

Shaping the competencies of graduates of higher education for the needs of the EU labour market - case study of business school students

It is a well-known fact that undergraduate students have to be equipped with relevant types of key competencies in order to be successful in the job market. Complex challenges that companies face in today’s world and the fast development of technology shift employer’s expectation for knowledge towards competency and abilities to use skills and talents (European Commission, 2010). Higher Education Institutions need to create a curriculum that will support students to develop a correct set of life long competencies. However, in many cases students struggle to recognize the importance of developing key competencies during their time at University and only focus on key knowledge. That is why Higher Education Institutions struggle to convince students of the value of certain activities which take place within the curriculum. The aim of this paper is to investigate the perception of Business School Students of key competencies of lifelong learning. The applied research procedure combines analysis of the literature with empirical research and is based upon searching for the answer to the questions about how Business School students view the importance of lifelong learning competencies. The research shows that the lifelong learning competencies most desired by business programme students are experience, industry expertise, certificates, awards confirming completion of studies/programs/skills, followed by technology competencies and cultural awareness

Miejsce Audytu Wewnetrznego w systemie kontroli dzialanosci gminy / The role of internal audit in the control process of local government

The Municipality is the smallest unit of territorial of local government, and its role is to satisfy the needs of the local community. Municipalities, performing their tasks, administering communal resources, as well as manage financial resources from other sources, including the European Union. Managing public funds requires the introduction of control mechanisms as well as a broader view and an indication of how to manage the entrusted property more effectively. These tasks are to meet a new control and advisory element, which is an internal audit. Although the majority of municipalities established internal audit units, not all elements of this new solution were introduced. It resulted that internal audit is not able to function efficiently and achieve the set goals

Would incorporating blended learning in postgraduate accounting module impact on students' performance

The fast-growing development in information technology as well as rising students` expectation of more personalities and flexible learning approach forces Higher Education institutions to incorporate new ways of delivery. This can be difficult with more technical subjects such as accounting, where lecturers' expertise and guidance play significant role in students' success. The aim of this paper is to investigate if embedding some of the blended learning tools in post-graduate accounting module for non-specialists would impact on students’ performance. Two models have been created to examine relation between specific blended learning tools and performance in specific assignments as well as the final module scores. The preliminary results have revealed that student engagement with Moodle activates and time spent in MyAccountingLab have a positive impact on the students` overall performance. The time spend in practicing the pre-tests does not impact on students' quizzes results, however there is a direct correlation between score achieved in the pre-tests and final results in MyAccountingLab. In addition, there is no correlation between age or sex of students and neither final quizzes scores nor the overall module performance

Self-efficacy, performance and the role of blended learning

Purpose – This paper aims to investigate the mathematics self-efficacy of students who are non-maths specialists. The project explores the student experience in the context of a maths module with a blended design, comprising both online content and face-to-face teaching. The aim was to reflect on the role of blended learning in this context. Design/methodology/approach – Using a mixed-method analysis, the study uses data gathered via student surveys and discussion forums, as well as module grades, to provide evidence regarding whether the online component of the module enables students to master the required maths skills. The data are examined under four themes that emerged as critical to improving the self-efficacy of students: flexibility, the interactivity of the online platform, the module’s blended design and the functionality of the platform. Findings – The findings are that the blended approach increases academic self-efficacy in the area of mathematics, also enhancing the student experience. These benefits arise from the combination of allowing the individual mastery of technical skills in the private and stress-free environment provided by the online platform and access to social resources in the classroom setting. Originality/value – The paper details the influence of self-efficacy on academic performance and the effectiveness of a blended learning approach, in the area of mathematics. It provides insight into the importance of providing multiple opportunities for students to become autonomous as they develop academic self-confidence through the mastery of maths skills

Miejsce Audytu Wewnetrznego w systemie kontroli dzialanosci gminy / The role of internal audit in the control process of local government

The Municipality is the smallest unit of territorial of local government, and its role is to satisfy the needs of the local community. Municipalities, performing their tasks, administering communal resources, as well as manage financial resources from other sources, including the European Union. Managing public funds requires the introduction of control mechanisms as well as a broader view and an indication of how to manage the entrusted property more effectively. These tasks are to meet a new control and advisory element, which is an internal audit. Although the majority of municipalities established internal audit units, not all elements of this new solution were introduced. It resulted that internal audit is not able to function efficiently and achieve the set goals

Wybrane aspekty konsolidacji sektorów zaawansowanych technologii / The selected aspects of consolidation of advanced technology sectors

The changing conditions of running a business forces companies to look of collaborative and cooperative activities. Unfortunately, strategic alliances are not a sufficient enough form of cooperation, because they do not provide. Most of the companies taking part in strategic alliances are individually exposed to takeover or buy-out. Mergers and acquisitions dominate integration processes, and in the sectors of advanced technologies, the amount of consolidation transactions significant increase has been observed. This is mainly due to the significant costs incurred in the research and development phase and the significant need for external financing. These processes assume, if they are not controlled, they may contribute to the creation of oligopolies or monopolies, which will not promote further progress and at the same time will increase prices, which will adversely affect individual markets and consumers. This paper looks at selected A&E processes in the advanced technology sector