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- Title
La incidencia de la adopción de prácticas de gobierno corporativo en las rentabilidades de las sociedades anónimas chilenas.
- Authors
Arenas-Torres, Felipe; Bustamante-Ubilla, Miguel; Campos-Troncoso, Roberto
- Abstract
This study's objective was to determine if the adoption of corporate governance practices positively and significantly affects the profitability of Chilean companies. The study considered a sample of 903 reports between the years 2015 and 2019. The descriptive-correlational research shows a degree of incipient adoption at the market and economic sectors level, increasing the heterogeneity of results regarding the relationship between corporate governance and financial performance. A significant impact is reached in some economic sectors, concerning the operation of the board of directors and evaluation by an independent third party
- Subjects
ECONOMIC sectors; CORPORATE governance; FINANCIAL performance; BOARDS of directors; PROFITABILITY
- Publication
GCG: Revista de Globalización, Competitividad & Gobernabilidad, 2021, Vol 15, Issue 3, p79
- ISSN
1988-7116
- Publication type
Article
- DOI
10.3232/GCG.2021.V15.N3.04