Gobierno corporativo, diversificación estratégica y desempeño empresarial en México

Antonio Ruiz-Porras and William Steinwascher

Revista de Administración, Finanzas y Economía (Journal of Management, Finance and Economics), 2008, vol. 2, issue 1, 58-73

Abstract: We study the relationships among corporate governance, strategic diversification and financial performance in Mexico. The study uses data from 99 non-financial firms listed in the BMV (Mexican Stock Market) during 2004. The main findings are: Firms which property is concentrated in a principal shareholder focus on the domestic market. Family firms try to diversify their productive activities and sources of income. There are no trends, regarding strategies and performance, related to the separation between ownership and control. Finally, when independent committees exist in the boards of directors, mean-narrow-spectrum diversification is encouraged in the firms

Keywords: Gobierno corporativo; diversificación estratégica; desempeño empresarial; propiedad familiar; consejos de administración (search for similar items in EconPapers)
JEL-codes: G34 L20 M21 (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://alejandria.ccm.itesm.mx/egap/documentos/2008V2A5Ruiz-Steinwascher.pdf (application/pdf)

Related works:
Working Paper: Gobierno corporativo, diversificación estratégica y desempeño empresarial en México (2007)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ega:rafega:200805

Access Statistics for this article

Revista de Administración, Finanzas y Economía (Journal of Management, Finance and Economics) is currently edited by José Antonio Núñez

More articles in Revista de Administración, Finanzas y Economía (Journal of Management, Finance and Economics) from Tecnológico de Monterrey, Campus Ciudad de México Contact information at EDIRC.
Bibliographic data for series maintained by José Antonio Núñez ().