Corporate Governance and Performance during the Aftermath of the 1994 Mexican Crisis

Karen Watkins (), Dick van Dijk and Jaap Spronk
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Karen Watkins: Universidad Popular Autonoma del Estado de Puebla

EconoQuantum, Revista de Economia y Finanzas, 2006, vol. 2, issue 2, 39-55

Abstract: Good corporate governance arrangements have been associated with high performance. This paper studies the effects of family, bank, and business group ties on Mexican firm performance during the period 1995-1997. Two performance variables are taken into account for robustness reasons: return on assets and profit margin on sales. Results show that companies with positive corporate governance schemes performed better than the rest during this period.

Keywords: gobierno corporativo; desempeno empresarial (search for similar items in EconPapers)
JEL-codes: D82 G34 L25 (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:qua:journl:v:2:y:2006:i:2:p:39-55

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