International Journal of Entrepreneurial Knowledge

Andy Vopalecky ¹, Lukas Durda ²

Affiliations
1 University of Business and Law, Vltavská 585/14, 150 00 Praha 5, CZ
2 Institute of Management and Marketing, Paneuropean University, Tomášikova 20, 821 02 Bratislava, SK

Abstract

The article is about the concept of management of democratic companies in the Czech Republic with a focus on the principles of workplace democracy. The analysis is based on four case studies of democratic companies. The case studies have been drawn up on the basis of a questionnaire survey among the workers of companies and interviews with their executives. The research has shown the importance of even a high rate of implementation of the various principles in all surveyed companies. The best rated principle is "dialogue and listening". In the case of the principle of "reflection and assessment", it will show certain deficiencies in the provision of feedback. Principles of workplace democracy identified in interviews mostly agree with the principles referred to in the literature. Resulting from the research, it proposes recommendations and suggestions for further research.

Keywords

Democratic Company, Workplace Democracy, Freedom-Based Principles, Management.

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