The characteristics of the Board of Directors, its running and composition reflect, for most family firms, their structure of power, experience, interests and culture. The presence of outsiders in the board does not necessarily imply a loss of power by the family, as this will impair the...

This study focuses on the structure of the board of directors that is considered more suitable in terms of corporate social responsibility, and also on those contextual factors that could influence the socially responsible behavior of family firms. Empirical analysis on 535 non-listed Spanish...

Al analizar la problemática particular de las empresas de familia surgen dos características bien distintivas: a) la gran contribución que realizan estas empresas al desarrollo de las economías donde actúan y b) la altísima probabilidad de desaparecer en sus primeros años de vida. Para...

En el presente estudio se analiza si la actividad de fusiones y adquisiciones (M&A, por su sigla en inglés) transnacionales está influenciada por los estándares de gobierno corporativo de los países. Para lograrlo, se recurre al modelo gravitacional. Se toma la actividad proveniente de...

The purpose of this study is to determine a system of indicators to assess the quality of corporate governance of Honduran banks. To achieve it, the importance attributed by bank supervisors and supervised bankers to the dimensions and indicators of Corporate Governance (CG) was deepened....

Financial literature and empirical evidence in global markets indicate that those companies that adequately manage their stakeholders, strengthen and disclose their corporate governance policies, achieve greater effectiveness in their institutional operation. In the context of an emerging...

This paper analyses the relationship between firm performance and women on boards and top management positions in a sample of large Spanish firms in the period 2000-2004. The results of the study indicate that the percentage of women on boards and top management teams is much lower in industrial...

The division between ownership and management and the existence of minority shareholders have led to the need for control systems which allow for the convergence of shareholders and managers' objectives. The disclosure of information for shareholders and corporate governance stand out among...