Serviços Personalizados
Journal
Artigo
Indicadores
- Citado por SciELO
- Acessos
Links relacionados
- Citado por Google
- Similares em SciELO
- Similares em Google
Compartilhar
Estudios Gerenciales
versão impressa ISSN 0123-5923
Resumo
LAGOS CORTES, Diógenes e VECINO ARENAS, Carlos Enrique. Influence of corporate governance on the cost of capital from debt issuance. estud.gerenc. [online]. 2014, vol.30, n.130, pp.73-84. ISSN 0123-5923.
This paper studies the relationship between the implementation of corporate governance practices, as defined in the code of best corporate practices (Código País), and the cost of debt capital from companies listed on the Stock Exchange of Colombia. Using regression models, evidence was found suggesting the existence of an inverse relationship between the level of implementation of corporate governance practices and the cost of financial debt issuers (companies in utilities and the real sector). There was no evidence to support such conclusion in the financial sector.
Palavras-chave : Corporate governance; Cost of debt; Corporate governance index; Measurement of corporate governance.