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One third of Czech company directors are foreigners

 
photo:  (sxc.hu)
 

One third of the companies seated in the Czech Republic are headed by foreigners. While only 25% of leading company positions were held by foreign managers in 2000, the percentage has now grown to 34.1% over the past twelve years.

 
 
The number of foreign members on managing boards tripled in the last ten years. Foreign numbers on supervisory boards also doubled in the same time, while only the number of foreign executives decreased. This data was published by the Deloitte Corporate Governance Centre CR, who compared the number of foreigners engaged in statutory and supervisory organs in the top hundred largest companies (CZECH TOP 100) between 2000 and 2012.

The research shows that in 2000, there were only 11.2% of foreigners active on the managing boards of companies. Since then, that percentage has risen to 33.0%. A similar trend, although not so dramatic, can also be observed on the supervisory boards of Czech companies. While they included 15.6% foreign managers in 2000, this percentage has now reached 30.2%.
 
Author: Andrea Kábelová
 
Source: Deloitte Corporate Governance Centrum ČR
 
Added: 05.01.2013
 
 
 

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