Los mercados de títulos soberanos cumplen varias funciones para los mercados decapitales. Son fuente de financiación para el gobierno que los emite, cumplen el rol deactivo libre de riesgo -de crédito- del mercado, al tiempo que sirven como referencia obenchmark para las diferentes...

The aim of this article is to summarize exhaustively and concisely, the different methodologies for estimating the volatility that has been proposed for the real options approach (ROA), and also provide a theoretical and practical explanation for estimating an unbiased volatility and...

We test whether corporate governance mechanisms promoted by best practice codes are effective in constraining earnings manipulation in Spain, as previously documented in the US and the UK. We show that to a certain extent an Anglo-Saxon model of corporate governance may turn out to be a failure...

Corporate social responsibility (CSR) has made a significant comeback in the last decade of the twentieth century and first few years of the twenty-first century. This being the case, social economy organizations must demonstrate their socially responsible behaviour by producing the relevant...

This paper looks at the question of industrial relocation and its impact on cooperative employment from a theoretical and empirical perspective. In defining and contextualising the relocation phenomenon, the paper starts by analysing its scale, causes and some of its consequences in the context...

One of the main characteristics of French worker cooperatives is the principle of collective entrepreneurship. The aim of this article is to understand how it is applied, and in particular, how the board of directors and the managing director work together. To answer this question, an...

This article examines the structure of governance in co-operative business groups in the framework of the growing process of globalisation. Starting with a brief introduction to globalisation and the theories of co-operative degeneration, a specific case is analysed referring to Mondragón...

Spanish Abstract: La mentalidad del empresario está orientada a pensar que la falta de financiamiento impide el crecimiento de las pequeñas y medianas empresas en México, en esta investigación descriptiva y transeccional se analiza si la gestión administrativa produce resultados financieros...

Spanish abstract: El artículo analiza, en primer lugar, el entorno normativo actual como un entorno de riesgo, haciendo hincapié en la preocupación que despierta su gestión (teniendo en cuenta su creciente impacto en la estructura de costes de las entidades) e indagando en las causas que...

Spanish Abstract: El fenómeno sobre crecimiento empresarial es un tema que ha sido poco estudiado en México. El objetivo fue determinar qué indicadores inciden en el crecimiento de las ventas en empresas mexicanas emisoras del ramo de bebidas. La metodología fueron dos estudios de casos con...