Corporate sustainable longevity in the Czech Republic during the period 1995–2023.

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NESIBA Jiří ČUHLOVÁ Renata

Rok publikování 2024
Druh Článek ve sborníku
Konference RELIK 2024: Reproduction of Human Capital - mutual links and connections
Fakulta / Pracoviště MU

Ekonomicko-správní fakulta

Citace
www https://relik.vse.cz/2024/sbornik/en/toc.html
Klíčová slova Corporate Sustainable Longevity (CSL); Company Lifespan; Czech Republic
Popis The article aims to shed light on the important issue of corporate sustainable longevity in the Czech Republic of all business legal persons. The concept represents a novel approach to the overarching management strategy of corporate social responsibility. One of the more tangible ethical considerations is the sustainability of a company, which can be measured by its continued existence and functionality on the market. In the light of these considerations, the authors examine the sustainability of Czech business legal persons in the context of their ratio between established and defunct in the period from 1995 to 2023. The results of the research indicate the emergence of a new socio-economic phenomenon throughout the period under study. Initially, there was a positive trend in which the number of newly established legal persons exceeded the number that defunct. This has been reversed and in the last year measured, 2023, the number of defunct legal persons dramatically outnumbered the number of established one´s. The authors note that this negative trend may point to deeper structural problems in the Czech business environment.

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