Efecto del gobierno corporativo en los resultados empresariales de las compañías listadas en bolsa

Tablas

Autores:
Rodriguez Benavides, Deysi Yohana
Tipo de recurso:
Fecha de publicación:
2021
Institución:
Universidad Nacional de Colombia
Repositorio:
Universidad Nacional de Colombia
Idioma:
spa
OAI Identifier:
oai:repositorio.unal.edu.co:unal/80164
Acceso en línea:
https://repositorio.unal.edu.co/handle/unal/80164
https://repositorio.unal.edu.co/
Palabra clave:
330 - Economía::332 - Economía financiera
Compañías
Companies
Administración industrial
Industrial managemment
Empowerment
Empoderamiento
Firma
Resultados empresariales
Creación de valor
Gobierno corporativo
Business results
Firm
Corporate governance
Value creation
Rights
openAccess
License
Atribución-NoComercial-CompartirIgual 4.0 Internacional
id UNACIONAL2_55f261fd6af7f90fcb654d2d1add5ffe
oai_identifier_str oai:repositorio.unal.edu.co:unal/80164
network_acronym_str UNACIONAL2
network_name_str Universidad Nacional de Colombia
repository_id_str
dc.title.spa.fl_str_mv Efecto del gobierno corporativo en los resultados empresariales de las compañías listadas en bolsa
dc.title.translated.eng.fl_str_mv Effect of corporate governance on the business results of listed companies
title Efecto del gobierno corporativo en los resultados empresariales de las compañías listadas en bolsa
spellingShingle Efecto del gobierno corporativo en los resultados empresariales de las compañías listadas en bolsa
330 - Economía::332 - Economía financiera
Compañías
Companies
Administración industrial
Industrial managemment
Empowerment
Empoderamiento
Firma
Resultados empresariales
Creación de valor
Gobierno corporativo
Business results
Firm
Corporate governance
Value creation
title_short Efecto del gobierno corporativo en los resultados empresariales de las compañías listadas en bolsa
title_full Efecto del gobierno corporativo en los resultados empresariales de las compañías listadas en bolsa
title_fullStr Efecto del gobierno corporativo en los resultados empresariales de las compañías listadas en bolsa
title_full_unstemmed Efecto del gobierno corporativo en los resultados empresariales de las compañías listadas en bolsa
title_sort Efecto del gobierno corporativo en los resultados empresariales de las compañías listadas en bolsa
dc.creator.fl_str_mv Rodriguez Benavides, Deysi Yohana
dc.contributor.advisor.none.fl_str_mv Benavides Gonzalez, Oscar Arturo
dc.contributor.author.none.fl_str_mv Rodriguez Benavides, Deysi Yohana
dc.subject.ddc.spa.fl_str_mv 330 - Economía::332 - Economía financiera
topic 330 - Economía::332 - Economía financiera
Compañías
Companies
Administración industrial
Industrial managemment
Empowerment
Empoderamiento
Firma
Resultados empresariales
Creación de valor
Gobierno corporativo
Business results
Firm
Corporate governance
Value creation
dc.subject.lemb.none.fl_str_mv Compañías
Companies
Administración industrial
Industrial managemment
Empowerment
Empoderamiento
dc.subject.proposal.spa.fl_str_mv Firma
Resultados empresariales
Creación de valor
Gobierno corporativo
dc.subject.proposal.eng.fl_str_mv Business results
Firm
Corporate governance
Value creation
description Tablas
publishDate 2021
dc.date.accessioned.none.fl_str_mv 2021-09-13T15:26:13Z
dc.date.available.none.fl_str_mv 2021-09-13T15:26:13Z
dc.date.issued.none.fl_str_mv 2021-09-12
dc.type.spa.fl_str_mv Trabajo de grado - Maestría
dc.type.driver.spa.fl_str_mv info:eu-repo/semantics/masterThesis
dc.type.version.spa.fl_str_mv info:eu-repo/semantics/acceptedVersion
dc.type.content.spa.fl_str_mv Text
dc.type.redcol.spa.fl_str_mv http://purl.org/redcol/resource_type/TM
status_str acceptedVersion
dc.identifier.uri.none.fl_str_mv https://repositorio.unal.edu.co/handle/unal/80164
dc.identifier.instname.spa.fl_str_mv Universidad Nacional de Colombia
dc.identifier.reponame.spa.fl_str_mv Repositorio Institucional Universidad Nacional de Colombia
dc.identifier.repourl.spa.fl_str_mv https://repositorio.unal.edu.co/
url https://repositorio.unal.edu.co/handle/unal/80164
https://repositorio.unal.edu.co/
identifier_str_mv Universidad Nacional de Colombia
Repositorio Institucional Universidad Nacional de Colombia
dc.language.iso.spa.fl_str_mv spa
language spa
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Alam, M. K., Ab Rahman, S., Mustafa, H., Shah, S. M., & Hossain, M. S. (2019). Shariah governance framework of islamic banks in bangladesh: Practices, problems and recommendations. Asian Economic and Financial Review, 9(1), 118–132.
Alchian, A., & Demsetz, H. (1972). Production, Information Costs, and Economic Organization. The American Economic Review, 62(5), 777-795.
Alonso-Almeida, M.M., García, M.D., Alejandro, K.C., & Quintero, J.L. (2011). La responsabilidad social corporativa y el desempeño financiero: un análisis en empresas mexicanas que cotizan en la bolsa. Contaduría y Administración, 57, 53-77.
Ararat, M., Black, B., & Yurtoğlu, B.B. (2017). The effect of corporate governance on firm value and profitability: Time-series evidence from Turkey. Emerging Markets Review, 30, 113-132
Baker, E., Godridge, B., Gottesman, A., & Morey, M.R. (2007). Corporate Governance Ratings in Emerging Markets: Implications for Market Valuation, Internal Firm-Performance, Dividend Payouts and Policy.
Gottesman, A.A., Morey, M.R., Baker, E.D., & Godridge, B. (2008). Does Better Corporate Governance Result in Higher Valuations in Emerging Markets? Another Examination Using a New Data Set. Entrepreneurship & XCV Management eJournal
Bathala, C.T., & Rao, R.P. (1995). The determinants of board composition: An agency theory perspective. Managerial and Decision Economics, 16, 59- 69.
Bauer, R., Guenster, N., & Otten, R. (2003). Empirical evidence on corporate governance in Europe: The effect on stock returns, firm value and performance. Journal of Asset Management, 5, 91-104.
Bebchuk, L., Cohen, A., & Ferrell, A. (2004). What Matters in Corporate Governance? Harvard Law School.
Bhagat, S., Bolton, B.J., & Romano, R. (2007). The Promise and Peril of Corporate Governance Indices.
Black, B., & Khanna, V. (2007). Can Corporate Governance Reforms Increase Firm Market Values? Event Study Evidence from India. University of Texas School of Law.
Black, B., & Khanna, V. (2007). Can Corporate Governance Reforms Increase Firms' Market Values: Evidence from India.
Black, B., Jang, H., & Woochan Kim. (2006). Does Corporate Governance Predict Firms' Market Values? Evidence from Korea. Journal of Law, Economics, & Organization.
Black, Jang y Kim (2006a). Does Corporate Governance Predict Firms' Market Values? Evidence from Korea.
Brickley, J.A., Coles, J., & Jarrell, G. (1997). Leadership Structure: Separating the CEO and Chairman of the Board. Journal of Corporate Finance, 3, 189- 220
Bruno, V., & Claessens, S. (2006). Corporate Governance and Regulation: Can There Be Too Much of a Good Thing? Corporate Finance: Governance.
CAF-Banco de Desarrollo de América Latina e IAAG Consultoría & Corporate Finance S.A. (2013) Lineamientos para un código latinoamericano de gobierno corporativo
Chhaochharia, V., & Laeven, L. (2007). Corporate Governance, Norms and Practices. Corporate Finance: Governance
Choi, J.Y., Lee, D.W., & Park, K.S. (2007). Corporate governance and firm value: Endogeneity-free evidence from Korea.
Claessens, S., & Yurtoğlu, B.B. (2012). Corporate Governance and Development: An Update. IO: Firm Structure
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Dedman, E. (2003). Executive turnover in UK firms: the impact of Cadbury. Accounting and Business Research, 33, 33 - 50.
Denis, D., & McConnell, J.J. (2002). International Corporate Governance
Durnev, A., & Kim, E.H. (2003). To Steal or Not to Steal: Firm Attributes, Legal Environment, and Valuation. AFA 2004 San Diego Meetings (Archive).
Fransman, M. (1994). Information, Knowledge Vision and Theories of the Firm. Industrial and Corporate Change, 3, 713-757
G De Nicolò, L Laeven, K Ueda (2006). Corporate governance quality: Trends and real effects. Journal of Financial Intermediation 17 (2), 198-228
Gani, L., & Jermias, J. (2006). Investigating the effect of board independence on performance across different strategies. The International Journal of Accounting, 41, 295-314.
Grais, W., & Pellegrini, M.A. (2006). Corporate Governance and Shariah Compliance in Institutions Offering Islamic Financial Services. Banking & Financial Institutions.
Grossman, S., & Hart, O. (1986). The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration. Journal of Political Economy, 94, 691- 719
Grossman, S.J., & Hart, O. (1983). AN ANALYSIS OF THE PRINCIPALAGENT PROBLEM. Econometrica, 51, 7-45.
Hart, O., & Moore, J. (1990). Property Rights and the Nature of the Firm. Journal of Political Economy, 98, 1119 - 1158
Hart, O. (2011). Thinking about the Firm: A Review of Daniel Spulber's The Theory of the Firm. Journal of Economic Literature, 49, 101-113.
Hart, O. (1989). An Economist's Perspective on the Theory of the Firm. Columbia Law Review, 89(7), 1757-1774. doi:10.2307/1122818
Hodgson, G.M. (1998). Evolutionary and competence-based theories of the firm”, en Journal of Economic Studies, Vol 25, N° 1
Holmstrom, B., & Kaplan, S. (2001). Corporate Governance and Merger Activity in the United States: Making Sense of the 1980s and 1990s. Journal of Economic Perspectives, 15, 121-144.
Holmstrom, B., & Roberts, J. (1998). The Boundaries of the Firm Revisited. Journal of Economic Perspectives, 12, 73-94
Holmstrom, B. (1979). Moral Hazard and Observability. The Bell Journal of Economics, 10, 74-91
Holmstrom, B. (1982). Moral Hazard in Teams. The Bell Journal of Economics, 13, 324-340.
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Lagos, D., & Vecino, C. (2011). Medición de la aplicación de prácticas de gobierno corporativo en Colombia.
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Ararat, M., Black, B., & Yurtoğlu, B.B. (2017). The effect of corporate governance on firm value and profitability: Time-series evidence from Turkey. Emerging Markets Review, 30, 113-132.
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dc.format.extent.spa.fl_str_mv 108 páginas
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dc.publisher.spa.fl_str_mv Universidad Nacional de Colombia
dc.publisher.program.spa.fl_str_mv Bogotá - Ciencias Económicas - Maestría en Ciencias Económicas
dc.publisher.department.spa.fl_str_mv Escuela de Economía
dc.publisher.faculty.spa.fl_str_mv Facultad de Ciencias Económicas
dc.publisher.place.spa.fl_str_mv Bogotá, Colombia
dc.publisher.branch.spa.fl_str_mv Universidad Nacional de Colombia - Sede Bogotá
institution Universidad Nacional de Colombia
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spelling Atribución-NoComercial-CompartirIgual 4.0 Internacionalhttp://creativecommons.org/licenses/by-nc-sa/4.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Benavides Gonzalez, Oscar Arturoc0f368730defaeaa5c33039a6011ed98Rodriguez Benavides, Deysi Yohana31591c4374bd9f8fad1bee19ed66c8932021-09-13T15:26:13Z2021-09-13T15:26:13Z2021-09-12https://repositorio.unal.edu.co/handle/unal/80164Universidad Nacional de ColombiaRepositorio Institucional Universidad Nacional de Colombiahttps://repositorio.unal.edu.co/TablasThis paper develops a qualitative analysis of the role of corporate governance in firms and presents the results of a brief quantitative analysis on the possible effects of implementing corporate governance practices on business performance. The analysis is carried out for a set of firms listed as issuers of securities of the Colombian Stock Exchange between 2015 and 2018. And it includes considers a series of reflections on the challenges in this area, which can drive research from the field of economics with respect to the effects of the implementation of corporate governance practices on companies, the market and the business reality.En este trabajo se desarrolla un análisis cualitativo sobre el papel que desempeña del gobierno corporativo en las firmas y presenta los resultados de un breve análisis cuantitativo sobre los posibles efectos de la implementación de prácticas de gobierno corporativo en el desempeño empresarial. El análisis se realiza para un conjunto firmas catalogadas como emisores de valores de la Bolsa de Valores de Colombia entre 2015 y 2018. Se deja a consideración una serie de reflexiones orientadas a los desafíos en esta materia, que puedan impulsar la investigación desde el campo de la economía con respecto a los efectos de la implementación de prácticas de gobierno corporativo en las empresas, el mercado y la realidad empresarial. (Texto tomado de la fuente).MaestríaMagíster en Ciencias Económicas108 páginasapplication/pdfspaUniversidad Nacional de ColombiaBogotá - Ciencias Económicas - Maestría en Ciencias EconómicasEscuela de EconomíaFacultad de Ciencias EconómicasBogotá, ColombiaUniversidad Nacional de Colombia - Sede Bogotá330 - Economía::332 - Economía financieraCompañíasCompaniesAdministración industrialIndustrial managemmentEmpowermentEmpoderamientoFirmaResultados empresarialesCreación de valorGobierno corporativoBusiness resultsFirmCorporate governanceValue creationEfecto del gobierno corporativo en los resultados empresariales de las compañías listadas en bolsaEffect of corporate governance on the business results of listed companiesTrabajo de grado - Maestríainfo:eu-repo/semantics/masterThesisinfo:eu-repo/semantics/acceptedVersionTexthttp://purl.org/redcol/resource_type/TMAkeem; Terer; Temitope & Feyitimi (2014). Measuring impact of corporate governance on the performance of the Nigerian Insurance companyAlam, M. K., Ab Rahman, S., Mustafa, H., Shah, S. M., & Hossain, M. S. (2019). Shariah governance framework of islamic banks in bangladesh: Practices, problems and recommendations. Asian Economic and Financial Review, 9(1), 118–132.Alchian, A., & Demsetz, H. (1972). Production, Information Costs, and Economic Organization. The American Economic Review, 62(5), 777-795.Alonso-Almeida, M.M., García, M.D., Alejandro, K.C., & Quintero, J.L. (2011). La responsabilidad social corporativa y el desempeño financiero: un análisis en empresas mexicanas que cotizan en la bolsa. Contaduría y Administración, 57, 53-77.Ararat, M., Black, B., & Yurtoğlu, B.B. (2017). The effect of corporate governance on firm value and profitability: Time-series evidence from Turkey. Emerging Markets Review, 30, 113-132Baker, E., Godridge, B., Gottesman, A., & Morey, M.R. (2007). Corporate Governance Ratings in Emerging Markets: Implications for Market Valuation, Internal Firm-Performance, Dividend Payouts and Policy.Gottesman, A.A., Morey, M.R., Baker, E.D., & Godridge, B. (2008). Does Better Corporate Governance Result in Higher Valuations in Emerging Markets? Another Examination Using a New Data Set. Entrepreneurship & XCV Management eJournalBathala, C.T., & Rao, R.P. (1995). The determinants of board composition: An agency theory perspective. Managerial and Decision Economics, 16, 59- 69.Bauer, R., Guenster, N., & Otten, R. (2003). Empirical evidence on corporate governance in Europe: The effect on stock returns, firm value and performance. Journal of Asset Management, 5, 91-104.Bebchuk, L., Cohen, A., & Ferrell, A. (2004). What Matters in Corporate Governance? Harvard Law School.Bhagat, S., Bolton, B.J., & Romano, R. (2007). The Promise and Peril of Corporate Governance Indices.Black, B., & Khanna, V. (2007). Can Corporate Governance Reforms Increase Firm Market Values? Event Study Evidence from India. University of Texas School of Law.Black, B., & Khanna, V. (2007). Can Corporate Governance Reforms Increase Firms' Market Values: Evidence from India.Black, B., Jang, H., & Woochan Kim. (2006). Does Corporate Governance Predict Firms' Market Values? Evidence from Korea. Journal of Law, Economics, & Organization.Black, Jang y Kim (2006a). Does Corporate Governance Predict Firms' Market Values? Evidence from Korea.Brickley, J.A., Coles, J., & Jarrell, G. (1997). Leadership Structure: Separating the CEO and Chairman of the Board. Journal of Corporate Finance, 3, 189- 220Bruno, V., & Claessens, S. (2006). Corporate Governance and Regulation: Can There Be Too Much of a Good Thing? Corporate Finance: Governance.CAF-Banco de Desarrollo de América Latina e IAAG Consultoría & Corporate Finance S.A. (2013) Lineamientos para un código latinoamericano de gobierno corporativoChhaochharia, V., & Laeven, L. (2007). Corporate Governance, Norms and Practices. Corporate Finance: GovernanceChoi, J.Y., Lee, D.W., & Park, K.S. (2007). Corporate governance and firm value: Endogeneity-free evidence from Korea.Claessens, S., & Yurtoğlu, B.B. (2012). Corporate Governance and Development: An Update. IO: Firm StructureCoase, R. (1937). The Nature of the Firm. Economica, 4, 386-405Código de Gobierno Corporativo de Reino Unido The UK Corporate Governance Code (2018).Cremers, M., & Nair, V.B. (2005). Governance Mechanisms and Equity PricesDedman, E. (2003). Executive turnover in UK firms: the impact of Cadbury. Accounting and Business Research, 33, 33 - 50.Denis, D., & McConnell, J.J. (2002). International Corporate GovernanceDurnev, A., & Kim, E.H. (2003). To Steal or Not to Steal: Firm Attributes, Legal Environment, and Valuation. AFA 2004 San Diego Meetings (Archive).Fransman, M. (1994). 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