SciELO - Scientific Electronic Library Online

 
vol.13 número1Bitcoin y la Compañía de los Mares del Sur: un análisis comparativo índice de autoresíndice de materiabúsqueda de artículos
Home Pagelista alfabética de revistas  

Servicios Personalizados

Revista

Articulo

Indicadores

Links relacionados

  • En proceso de indezaciónCitado por Google
  • No hay articulos similaresSimilares en SciELO
  • En proceso de indezaciónSimilares en Google

Compartir


Revista Finanzas y Política Económica

versión impresa ISSN 2248-6046

Resumen

RIVAS, Luis Améstica; DOMINGUEZ, Andrea King; DIONICIO, Viviana Moraga  y  ROMERO, Rodrigo Romero. Influence of the Board of Directors on the Performance of the Latin American Integrated Market. Finanz. polit. econ. [online]. 2021, vol.13, n.1, pp.225-251.  Epub 10-Jul-2021. ISSN 2248-6046.  https://doi.org/10.14718/revfinanzpolitecon.v13.n1.2021.10.

The main objective of this research is to determine whether characteristics of the composition of the board of directors, such as percentage of women, board independence, or size and ownership concentration in the Integrated Latin American Market (MILA), contribute to the economic performance of companies. The ROA, ROE, and Tobin's Q were used as performance measures. This study performs a regression analysis using the Tobit Model, with dynamic and static panel data with fixed effects, on a sample of 83 companies. Finally, evidence was found that both board size and ownership concentration influence the performance of companies.

Palabras clave : Board behavior; corporate control; governance; principles of corporate governance.

        · resumen en Español     · texto en Español     · Español ( pdf )