Document
type: Class

scopus10470
freetext keyword: Board independence; business profitability; Chile; corporate finance and governance; Mexico
most specific type: Article
page start: 245
type: Document
abstract: This paper examines the effect of Board independence on the profitability of non-financial companies listed in Mexico and Chile from 2009 to 2016. It examines the impact on financial performance of the percentage of independent Board members and their tenure, which is evaluated considering ownership concentration. Based on dynamic panel models, the study concludes that the degree of independence does not favor business results, regardless of the concentration of ownership. However, the tenure of independent directors does have a negative impact on the performance of these firms. The results obtained question the legal requirements related to corporate governance for the companies listed in Latin America and suggest empirical lines of research that encourage identifying effective checks and balances for these companies. © 2022 Universidad Católica de Colombia. Facultad de Ciencias Económicas y Administrativas. Todos los derechos reservados.
type: Article
date time value: article date 10471
has publication venue: Revista Finanzas y Politica Economica
related by: authorship_70940
volume: 14
type: Continuant
doi: 10.14718/REVFINANZPOLITECON.V14.N1.2022.10
most specific type: Document
related by: authorship_70941
page end: 269
crisid: 10471
type: Thing
e iscopus: 2-s2.0-85137931616
estado: published
type: Information Content Entity
label: Board Independence, Ownership Concentration, and Profitability of Listed Firms in Mexico and Chile [Independencia de los Consejos de Administración, concentración de la propiedad y rentabilidad de las empresas listadas en México y Chile]
type: Entity
type: Generically Dependent Continuant
origen: scopus
accesstype: All Open Access, Gold, Green
issue: 1

Continuant
type: Class

Entity
type: Class

Generically Dependent Continuant
type: Class

individual
rights: termsOfUse
date: 2026-08-28T02:53:22
publisher: vivo
type: Document
label: RDF description of Board Independence, Ownership Concentration, and Profitability of Listed Firms in Mexico and Chile [Independencia de los Consejos de Administración, concentración de la propiedad y rentabilidad de las empresas listadas en México y Chile] - http://orbis.uaslp.mx/vivo/individual/scopus10470

Article
type: Class

Information Content Entity
type: Class

Revista Finanzas y Politica Economica
type: Continuant
type: Generically Dependent Continuant
type: Entity
type: Information Content Entity
publication venue for: scopus10470
type: Document
type: Collection
type: Thing
type: Periodical
type: Journal