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Suma de Negocios
Print version ISSN 2215-910XOn-line version ISSN 2027-5692
Abstract
MURILLO VARGAS, Guillermo; GONZALEZ-CAMPO, Carlos Hernán and GARCIA SOLARTE, Mónica. Corporate governance a perspective of the leaders: Case study AVAL Group. suma neg. [online]. 2019, vol.10, n.23, pp.109-123. ISSN 2215-910X. https://doi.org/10.14349/sumneg/2019.v10.n23.a4.
Since the 90s, the financial sector in Colombia has been characterized by a series of transformations related to corporate strategies of mergers and acquisitions, internationalization, product diversification, technological advances, changes in regulatory systems. In this context, Corporate Governance has been of great importance, which includes fundamental principles to follow on the administration and control of an organization. The objective of this research is to analyze the Corporate Governance practices of the Grupo AVAL. For this, the research was approached from a qualitative approach, in which the case study was used as a method. It was found that the Grupo AVAL has developed strategies to mediate relations with its different stakeholders, which are materialized in Codes of Ethics, Good Governance and management reports, which reveal both the responsibilities of its stakeholders and the transparency of acting.
Keywords : Financial sector; corporate governance; group AVAL; good government code; leaders.