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

Vista sencilla de ítem
dc.contributor.advisorBenavides Gonzalez, Oscar Arturo
dc.contributor.authorRodriguez Benavides, Deysi Yohana
dc.date.accessioned2021-09-13T15:26:13Z
dc.date.available2021-09-13T15:26:13Z
dc.date.issued2021-09-12
dc.descriptionTablasspa
dc.description.abstractThis 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.eng
dc.description.abstractEn 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).spa
dc.description.degreelevelMaestríaspa
dc.description.degreenameMagíster en Ciencias Económicasspa
dc.format.extent108 páginasspa
dc.format.mimetypeapplication/pdfspa
dc.identifier.instnameUniversidad Nacional de Colombiaspa
dc.identifier.reponameRepositorio Institucional Universidad Nacional de Colombiaspa
dc.identifier.repourlhttps://repositorio.unal.edu.co/spa
dc.identifier.urihttps://repositorio.unal.edu.co/handle/unal/80164
dc.language.isospaspa
dc.publisherUniversidad Nacional de Colombiaspa
dc.publisher.branchUniversidad Nacional de Colombia - Sede Bogotáspa
dc.publisher.departmentEscuela de Economíaspa
dc.publisher.facultyFacultad de Ciencias Económicasspa
dc.publisher.placeBogotá, Colombiaspa
dc.publisher.programBogotá - Ciencias Económicas - Maestría en Ciencias Económicasspa
dc.relation.referencesAkeem; Terer; Temitope & Feyitimi (2014). Measuring impact of corporate governance on the performance of the Nigerian Insurance companyspa
dc.relation.referencesAlam, 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.spa
dc.relation.referencesAlchian, A., & Demsetz, H. (1972). Production, Information Costs, and Economic Organization. The American Economic Review, 62(5), 777-795.spa
dc.relation.referencesAlonso-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.spa
dc.relation.referencesArarat, 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, 113-132spa
dc.relation.referencesBaker, 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.spa
dc.relation.referencesGottesman, 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 eJournalspa
dc.relation.referencesBathala, C.T., & Rao, R.P. (1995). The determinants of board composition: An agency theory perspective. Managerial and Decision Economics, 16, 59- 69.spa
dc.relation.referencesBauer, 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.spa
dc.relation.referencesBebchuk, L., Cohen, A., & Ferrell, A. (2004). What Matters in Corporate Governance? Harvard Law School.spa
dc.relation.referencesBhagat, S., Bolton, B.J., & Romano, R. (2007). The Promise and Peril of Corporate Governance Indices.spa
dc.relation.referencesBlack, B., & Khanna, V. (2007). Can Corporate Governance Reforms Increase Firm Market Values? Event Study Evidence from India. University of Texas School of Law.spa
dc.relation.referencesBlack, B., & Khanna, V. (2007). Can Corporate Governance Reforms Increase Firms' Market Values: Evidence from India.spa
dc.relation.referencesBlack, B., Jang, H., & Woochan Kim. (2006). Does Corporate Governance Predict Firms' Market Values? Evidence from Korea. Journal of Law, Economics, & Organization.spa
dc.relation.referencesBlack, Jang y Kim (2006a). Does Corporate Governance Predict Firms' Market Values? Evidence from Korea.spa
dc.relation.referencesBrickley, J.A., Coles, J., & Jarrell, G. (1997). Leadership Structure: Separating the CEO and Chairman of the Board. Journal of Corporate Finance, 3, 189- 220spa
dc.relation.referencesBruno, V., & Claessens, S. (2006). Corporate Governance and Regulation: Can There Be Too Much of a Good Thing? Corporate Finance: Governance.spa
dc.relation.referencesCAF-Banco de Desarrollo de América Latina e IAAG Consultoría & Corporate Finance S.A. (2013) Lineamientos para un código latinoamericano de gobierno corporativospa
dc.relation.referencesChhaochharia, V., & Laeven, L. (2007). Corporate Governance, Norms and Practices. Corporate Finance: Governancespa
dc.relation.referencesChoi, J.Y., Lee, D.W., & Park, K.S. (2007). Corporate governance and firm value: Endogeneity-free evidence from Korea.spa
dc.relation.referencesClaessens, S., & Yurtoğlu, B.B. (2012). Corporate Governance and Development: An Update. IO: Firm Structurespa
dc.relation.referencesCoase, R. (1937). The Nature of the Firm. Economica, 4, 386-405spa
dc.relation.referencesCódigo de Gobierno Corporativo de Reino Unido The UK Corporate Governance Code (2018).spa
dc.relation.referencesCremers, M., & Nair, V.B. (2005). Governance Mechanisms and Equity Pricesspa
dc.relation.referencesDedman, E. (2003). Executive turnover in UK firms: the impact of Cadbury. Accounting and Business Research, 33, 33 - 50.spa
dc.relation.referencesDenis, D., & McConnell, J.J. (2002). International Corporate Governancespa
dc.relation.referencesDurnev, A., & Kim, E.H. (2003). To Steal or Not to Steal: Firm Attributes, Legal Environment, and Valuation. AFA 2004 San Diego Meetings (Archive).spa
dc.relation.referencesFransman, M. (1994). Information, Knowledge Vision and Theories of the Firm. Industrial and Corporate Change, 3, 713-757spa
dc.relation.referencesG De Nicolò, L Laeven, K Ueda (2006). Corporate governance quality: Trends and real effects. Journal of Financial Intermediation 17 (2), 198-228spa
dc.relation.referencesGani, L., & Jermias, J. (2006). Investigating the effect of board independence on performance across different strategies. The International Journal of Accounting, 41, 295-314.spa
dc.relation.referencesGrais, W., & Pellegrini, M.A. (2006). Corporate Governance and Shariah Compliance in Institutions Offering Islamic Financial Services. Banking & Financial Institutions.spa
dc.relation.referencesGrossman, S., & Hart, O. (1986). The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration. Journal of Political Economy, 94, 691- 719spa
dc.relation.referencesGrossman, S.J., & Hart, O. (1983). AN ANALYSIS OF THE PRINCIPALAGENT PROBLEM. Econometrica, 51, 7-45.spa
dc.relation.referencesHart, O., & Moore, J. (1990). Property Rights and the Nature of the Firm. Journal of Political Economy, 98, 1119 - 1158spa
dc.relation.referencesHart, O. (2011). Thinking about the Firm: A Review of Daniel Spulber's The Theory of the Firm. Journal of Economic Literature, 49, 101-113.spa
dc.relation.referencesHart, O. (1989). An Economist's Perspective on the Theory of the Firm. Columbia Law Review, 89(7), 1757-1774. doi:10.2307/1122818spa
dc.relation.referencesHodgson, G.M. (1998). Evolutionary and competence-based theories of the firm”, en Journal of Economic Studies, Vol 25, N° 1spa
dc.relation.referencesHolmstrom, 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.spa
dc.relation.referencesHolmstrom, B., & Roberts, J. (1998). The Boundaries of the Firm Revisited. Journal of Economic Perspectives, 12, 73-94spa
dc.relation.referencesHolmstrom, B. (1979). Moral Hazard and Observability. The Bell Journal of Economics, 10, 74-91spa
dc.relation.referencesHolmstrom, B. (1982). Moral Hazard in Teams. The Bell Journal of Economics, 13, 324-340.spa
dc.relation.referencesPham, L., Do, H.N., & Phung, T.M. (2016). The Effect of Brand Equity and Perceived Value on Customer Revisit Intention: A Study in Quick-Service Restaurants in Vietnam. Acta Oeconomica Pragensia, 2016, 14-30spa
dc.relation.referencesHutchinson, M. (2001). An Analysis of the Association between Firms' Investment Opportunities, Board Composition, and Firm Performance. Asia-pacific Journal of Accounting & Economics, 9, 17-38spa
dc.relation.referencesJensen, M., & Meckling, W.H. (1976). Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. Social Science Research XCIX Network.spa
dc.relation.referencesTarziján, J., & Paredes, R. (2001). Reseña de "Organización industrial para la estrategia empresarial" de Matko Koljatic. Academia-revista Latinoamericana De Administracion, 151-156.spa
dc.relation.referencesKedia, S., & Philippon, T. (2009). The Economics of Fraudulent Accounting. Review of Financial Studies, 22, 2169-2199.spa
dc.relation.referencesKotowitz Y. (2018). Moral Hazard. The New Palgrave Dictionary of Economics. Palgrave Macmillan, London.spa
dc.relation.referencesKyereboah-Coleman, A. (2008). Corporate Governance and Firm Performance in Africa: A Dynamic Panel Data Analysis. Studies in Economics and Econometrics, 32, 1 - 24spa
dc.relation.referencesCortés, D.L., & Arenas, C.E. (2014). Influencia del gobierno corporativo en el costo de capital proveniente de la emisión de deuda. Estudios Gerenciales, 30, 73-84spa
dc.relation.referencesLagos, D., & Vecino, C. (2011). Medición de la aplicación de prácticas de gobierno corporativo en Colombia.spa
dc.relation.referencesLangebaek-Rueda & Ortiz E (2007). Q de tobin y gobierno corporativo de las empresas listadas en bolsa. Borradores de economía.spa
dc.relation.referencesLeal, R.P., & Carvalhal, A. (2005). Corporate Governance and Value in Brazil (and in Chile). Latin American Economics.spa
dc.relation.referencesLodestone Global. Private Company Board CompensationSurvey 2017-2018. (En línea). Disponible en: https://49487bc4-08f5-443e-ad4de3f367bb7fd.filesusr.com/ugd/c3325c_3919da3091e64130897ec94a32a3 4dbf.pdfspa
dc.relation.referencesArarat, 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.spa
dc.relation.referencesMishra, R., & Kapil, S. (2017). Effect of ownership structure and board structure on firm value: evidence from India. Corporate Governance, 17, 700-726.spa
dc.relation.referencesMohan, A., & Chandramohan, S. (2018). Impact of Corporate Governance on Firm Performance: Empirical Evidence from India. Corporate Governance: International/Non-US eJournal.spa
dc.relation.referencesNorth, D. C. (1990). Institutions, Institutional Change and Economic Performance. Cambridge University Press, Cambridge.spa
dc.relation.referencesWilliamson, O. (1981). The Economics of Organization: The Transaction Cost Approach. American Journal of Sociology, 87, 548 - 577.spa
dc.relation.referencesOPLER, T.C. and TITMAN, S. (1994). Financial Distress and Corporate Performance. The Journal of Finance, 49: 1015-1040.spa
dc.relation.referencesOrganización para la Cooperación y el Desarrollo Económico - OCDE. (2015). Principios de Gobierno Corporativo de la OCDE y del G20.spa
dc.relation.referencesPark, Y.W., & Shin, H. (2004). Board composition and earnings management in Canada. Journal of Corporate Finance, 10, 431-457spa
dc.relation.referencesPelikán, P. (1992). The Dynamics of Economic Systems, or How to Transform a Failed Socialist Economy. Journal of Evolutionary Economics, 2, 39-63.spa
dc.relation.referencesPelikán, P. (2003). Bringing institutions into evolutionary economics: another view with links to changes in physical and social technologies. Journal of Evolutionary Economics, 13, 237-258spa
dc.relation.referencesPhilippon, T. (2003). Corporate Governance Over the Business Cycle. Experimental & Empirical Studies eJournalspa
dc.relation.referencesPrevost, A., Rao, R.P., & Hossain, M. (2002). Determinants of board composition in New Zealand: a simultaneous equations approach. Journal of Empirical Finance, 9, 373-397.spa
dc.relation.referencesRajan, Raghuram y Luigi Zingales, 1998, “Power in a Theory of the Firm”. Quarterly Journal of Economics.spa
dc.relation.referencesAntonio, R., Calvo, J.A., Andres, M., & Alejandro, U.M. (2009). Fundamentos de econometría intermedia: Teoría y aplicaciones.spa
dc.relation.referencesRoss, S., Westerfield, R., Jaffe, J., & Jordan, B. (2018). Finanzas corporativas. México: McGraw Hill Interamericana de España.spa
dc.relation.referencesGardner, R. (1996). Juegos para empresarios y economistas.spa
dc.relation.referencesSingh, M., & Davidson, W. (2003). Agency costs, ownership structure and corporate governance mechanisms. Journal of Banking and Finance, 27, 793-816.spa
dc.relation.referencesSleifer y Vishny (1997). A survey of corporate governance, Journal of Finance.spa
dc.relation.referencesSmith, Adam. (1776). La riqueza de las naciones.spa
dc.relation.referencesSuperintendencia de Sociedades de Colombia (2018). Prácticas de gobierno corporativo y su relación con el rendimiento financiero de las sociedades.spa
dc.relation.referencesTarziján, J., & Paredes, R. (2001). Organización industrial para la estrategia empresarial.spa
dc.relation.referencesNenova, T. (2001). Control Values and Changes in Corporate Law in Brazil. Latin American Economics.spa
dc.relation.referencesWilliamson, Oliver E. (1975). Markets and Hierarchies: Analysis and Antitrust lmplications. A Study in the Economics of Internal Organization. University of Illinois.spa
dc.relation.referencesWilliamson, Oliver E. (1985). The Economic lnstitutions of Capitalism: Firms, Markets, Relational Contracting. University of Illinois.spa
dc.relation.referencesWolfensohn, J.D.(1999). A battle for corporate honesty. The Economist: The World in, 1999: 38.spa
dc.relation.referencesYoung (2003). Corporate governance and firm performance: Is there a relationship? Zheka, V. (2007). Does Corporate Governance Predict Firms ’ Performance ? The Case of Ukraine ∗.spa
dc.relation.referencesZingales L. (2018) Corporate Governance. In: Macmillan Publishers Ltd (eds) The New Palgrave Dictionary of Economics. Palgrave Macmillan, London.spa
dc.rights.accessrightsinfo:eu-repo/semantics/openAccessspa
dc.rights.licenseAtribución-NoComercial-CompartirIgual 4.0 Internacionalspa
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/4.0/spa
dc.subject.ddc330 - Economía::332 - Economía financieraspa
dc.subject.lembCompañías
dc.subject.lembCompanies
dc.subject.lembAdministración industrial
dc.subject.lembIndustrial managemment
dc.subject.lembEmpowerment
dc.subject.lembEmpoderamiento
dc.subject.proposalFirmaspa
dc.subject.proposalResultados empresarialesspa
dc.subject.proposalCreación de valorspa
dc.subject.proposalBusiness resultseng
dc.subject.proposalFirmeng
dc.subject.proposalCorporate governanceeng
dc.subject.proposalGobierno corporativospa
dc.subject.proposalValue creationeng
dc.titleEfecto del gobierno corporativo en los resultados empresariales de las compañías listadas en bolsaspa
dc.title.translatedEffect of corporate governance on the business results of listed companieseng
dc.typeTrabajo de grado - Maestríaspa
dc.type.coarhttp://purl.org/coar/resource_type/c_bdccspa
dc.type.coarversionhttp://purl.org/coar/version/c_ab4af688f83e57aaspa
dc.type.contentTextspa
dc.type.driverinfo:eu-repo/semantics/masterThesisspa
dc.type.redcolhttp://purl.org/redcol/resource_type/TMspa
dc.type.versioninfo:eu-repo/semantics/acceptedVersionspa
dcterms.audience.professionaldevelopmentAdministradoresspa
dcterms.audience.professionaldevelopmentConsejerosspa
dcterms.audience.professionaldevelopmentEstudiantesspa
dcterms.audience.professionaldevelopmentInvestigadoresspa
dcterms.audience.professionaldevelopmentMaestrosspa
dcterms.audience.professionaldevelopmentPúblico generalspa
oaire.accessrightshttp://purl.org/coar/access_right/c_abf2spa

Archivos

Bloque original

Mostrando 1 - 1 de 1
Miniatura
Nombre:
1026279333.2021.pdf
Tamaño:
876.61 KB
Formato:
Adobe Portable Document Format
Descripción:
Tesis de Maestría en Ciencias Económicas
Descargar

Bloque de licencias

Mostrando 1 - 1 de 1
No hay miniatura disponible
Nombre:
license.txt
Tamaño:
3.87 KB
Formato:
Item-specific license agreed upon to submission
Descripción:
Descargar

Colecciones

Maestría en Ciencias Económicas