Estructura de propiedad y desempeño financiero de las empresas colombianas desde la perspectiva del accionista controlante.

Detalles Bibliográficos
Autores: Bedoya Ríos, Beatriz Elena, Giraldo Prieto, Cesar Augusto, Guevara Sanabria, Jaime Alberto
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2018
País:Colombia
Institución:Universidad de Cartagena
Repositorio:Repositorio Universidad de Cartagena
Idioma:español
OAI Identifier:oai:repositorio.unicartagena.edu.co:11227/13822
Acceso en línea:https://hdl.handle.net/11227/13822
https://doi.org/10.32997/2463-0470-vol.26-num.2-2018-2236
Access Level:acceso abierto
Palabra clave:Gobierno corporativo
Estructura de propiedad
Accionistas controlantes
Desempeño financiero
Corporate governance
Ownership structure
Controlling shareholder
Financial performance
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dc.title.none.fl_str_mv Estructura de propiedad y desempeño financiero de las empresas colombianas desde la perspectiva del accionista controlante.
Ownership structure and financial performance of colombian firms from the perspective of controlling shareholders.
title Estructura de propiedad y desempeño financiero de las empresas colombianas desde la perspectiva del accionista controlante.
spellingShingle Estructura de propiedad y desempeño financiero de las empresas colombianas desde la perspectiva del accionista controlante.
Bedoya Ríos, Beatriz Elena
Gobierno corporativo
Estructura de propiedad
Accionistas controlantes
Desempeño financiero
Corporate governance
Ownership structure
Controlling shareholder
Financial performance
title_short Estructura de propiedad y desempeño financiero de las empresas colombianas desde la perspectiva del accionista controlante.
title_full Estructura de propiedad y desempeño financiero de las empresas colombianas desde la perspectiva del accionista controlante.
title_fullStr Estructura de propiedad y desempeño financiero de las empresas colombianas desde la perspectiva del accionista controlante.
title_full_unstemmed Estructura de propiedad y desempeño financiero de las empresas colombianas desde la perspectiva del accionista controlante.
title_sort Estructura de propiedad y desempeño financiero de las empresas colombianas desde la perspectiva del accionista controlante.
dc.creator.none.fl_str_mv Bedoya Ríos, Beatriz Elena
Giraldo Prieto, Cesar Augusto
Guevara Sanabria, Jaime Alberto
author Bedoya Ríos, Beatriz Elena
author_facet Bedoya Ríos, Beatriz Elena
Giraldo Prieto, Cesar Augusto
Guevara Sanabria, Jaime Alberto
author_role author
author2 Giraldo Prieto, Cesar Augusto
Guevara Sanabria, Jaime Alberto
author2_role author
author
dc.subject.none.fl_str_mv Gobierno corporativo
Estructura de propiedad
Accionistas controlantes
Desempeño financiero
Corporate governance
Ownership structure
Controlling shareholder
Financial performance
topic Gobierno corporativo
Estructura de propiedad
Accionistas controlantes
Desempeño financiero
Corporate governance
Ownership structure
Controlling shareholder
Financial performance
publishDate 2018
dc.date.none.fl_str_mv 2018-04-01 00:00:00
2018-04-01 00:00:00
2018-04-01
dc.type.none.fl_str_mv Artículo de revista
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dc.identifier.none.fl_str_mv 0122-8900
https://hdl.handle.net/11227/13822
10.32997/2463-0470-vol.26-num.2-2018-2236
2463-0470
https://doi.org/10.32997/2463-0470-vol.26-num.2-2018-2236
identifier_str_mv 0122-8900
10.32997/2463-0470-vol.26-num.2-2018-2236
2463-0470
url https://hdl.handle.net/11227/13822
https://doi.org/10.32997/2463-0470-vol.26-num.2-2018-2236
dc.language.none.fl_str_mv spa
language spa
dc.relation.none.fl_str_mv Panorama Económico
https://revistas.unicartagena.edu.co/index.php/panoramaeconomico/article/download/2236/1831
Núm. 2 , Año 2018
244
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225
26
Anderson, R., C. y Reeb., D. M. (2003). Board composition: Balancing family influence in S&P 500 Firms. Administrative Science Quarterly, 49(2), 209-237. https://doi.org/10.2307/4131472
Ayyagari M, (2004), Does cross-listing lead to functional convergence? Empirical evidence, World Bank Policy Research Working Paper No. 3264. https://doi.org/10.1596/1813-9450-3264
Benavides, J., Mongrut, S., and González, M. (2008), Family ownership and firm performance in Peru, Working Paper, Monterrey: Universidad ICESI.
Berle, Adolf y Means, Gardiner. (1932). The modern corporation and private property, New York: Hardcourt, Brace and World.
Burkart, M., Panunzi, F., Shleifer, A. (2003). Family firms, Journal of Finance. 58 (5), 2167-2202. https://doi.org/10.1111/1540-6261.00601
Chong, A., López-de-Silanes, F., (2007). Corporate governance in Latin America, Inter-American development bank. Working paper 59. University of Amsterdam. https://doi.org/10.2139/ssrn.1820067
Claessens, S., Djankov, S., and Pohl, G. (1996). Ownership and corporate governance: Evi-dence from the Czech Republic, Policy Re- search Working Paper 1737. Washington: World Bank.
Dehkalani, N. M., Asadi, A., & Kordlouie, H., R. (2015). The relationship between institutional ownership with the current financial performance of the firms listed in bombay stock exchange. International Journal Of Management, Accounting & Economics, 2(6), 571-583.
Denis, Diane (2001). Twenty-five years of corporate gobernance research … and counting. Review of Financial economics. Vol 10, pp 191-212. https://doi.org/10.1016/S1058-3300(01)00037-4
Demsetz, H., and Lehn, K. (1985). The structure of corporate ownership: Causes and consequences, Journal of Political Economy. 93 (6), 1155-1. https://doi.org/10.1086/261354
Earle, J., Kucsera, C., and Telegdy, A. (2005). Ownership concentration and corporate performance on the Budapest stock exchange: do too many cooks spoil the goulash, Corporate Governance: An International Review. 13(2). 254-264. https://doi.org/10.1111/j.1467-8683.2005.00420.x
Echeverry, J. C. (2015). Ecopetrol reduce 28% su patrimonio con implementación de NIIF. Retrieved December 5, 2015, from http://www.dinero.com/empresas/articulo/ecopetrol-vera-afectados-balances-implementacion-normas-niif/208453
Ersoy, H., & Koy, A. (2015). The relationship between corporate performance and ownership structure: evidence from Turkey, EMAJ: Emerging Markets Journal. 5(2), 9-18, https://doi.org/10.5195/EMAJ.2015.75
Espinosa Méndez, C., & Maquieira Villanueva, C. (2010). Desempeño y concentración de la propiedad en empresas chilenas emisoras de American Depositary Recipts (ADR). Cuadernos de Administración (01203592). 23(40), 95-116.
Fuenzalida D., Mongrut S., Benavides J. (2008) Estructura propietaria y rendimientos bursátiles en Suramérica, Cuadernos de administración. Vol 21, No 35 pp 11-35.
González, Maximiliano; Guzmán, Alexander; Pombo, Carlos; Trujillo, María-A, (2012) Family firms and financial performance: The cost of growing, Emerging Markets Review, 13(4), 626-649. https://doi.org/10.1016/j.ememar.2012.09.003
Hoskisson, Robert, Johnson, Richard y Moesel, Douglas (1994), Corporate divestiture intensity in restructuring firms: Effects of governance, Strategy, and Performance, Academy of Management Journal, 37(5). pp, 1207-1251. https://doi.org/10.2307/256671
Jensen, M., C., y Meckling, W., H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure, Journal of Financial Economics. 3(4), 305-360. https://doi.org/10.1016/0304-405X(76)90026-X
La Porta, R., Lopez-de-Silanes, F., Shleifer, A., Vishny, R. (1998). Law and finance. Journal of Political Economy. 106 (6). 1113-1155. https://doi.org/10.1086/250042
La Porta, R., Lopez-de-Silanes, F., y Shleifer, A. (1999). Corporate ownership around the world. The Journal of Finance. 54(2), 471-517. https://doi.org/10.1111/0022-1082.00115
Leech, D., and Leahy, J. (1991). Ownership structure,control type classifications and the performance of large British companies. The Economic Journal. 101 (409). 1418-1437. https://doi.org/10.2307/2234893
Lefort, F. (2003). Estructura de Propiedad y control de las empresas Latinoamericanas. Administración y economía UC. 53, 12-15.
Lins, K. (2002). Equity ownership and firm value in emerging markets. Journal of Financial and Quantitative Analysis. 38, 159-184. https://doi.org/10.2307/4126768
Loderer, C., y Martin, K. (1997). Executive stock ownership and performance tracking faint traces. Journal of Financial Economics. 45(2), 223-255. https://doi.org/10.1016/S0304-405X(97)00017-2
López Iturriaga, F., & Saona Hoffmann, P. (2007). Endeudamiento, dividendos y Estructura de propiedad como determinantes de los problemas de agencia en la gran empresa española. Cuadernos de Economía y Dirección de la Empresa. 10(31). 119-146, https://doi.org/10.1016/S1138-5758(07)70085-3
Martin de Holan, P., y Sanz, L. (2006). Protected by the family? How closely held family firms protect minority shareholders. Journal of Business Research, 59(3), 356-359. https://doi.org/10.1016/j.jbusres.2005.09.009
Morck, R., Shleifer, A., and Vishny, R., (1988), Management ownership and market valuation: An empirical analysis. Journal of Financial Economics. 20, 293-316. https://doi.org/10.1016/0304-405X(88)90048-7
Pivovarsky, A. (2003). Ownership concentration and performance in Ukraine's privatized enterprises. IMF Staff Paper. 50(1), 10-42.
Shleifer, Andrei and Vishny, Robert. (1997). A Survey of Corporate Governance. The Journal of Finance. Vol, 52, No, 2 (Jun, 1997), pp, 737-783. https://doi.org/10.1111/j.1540-6261.1997.tb04820.x
Xu, X., and Wang, Y., (1997). Ownership structure, corporate governance and corporate performance: The case of Chinese stock companies, Washington: Economic Development Institute- The World Bank.
Zuñiga, Sergio y Soria, Karla (2013). Relación entre desempeño corporativo y Estructura de Propiedad en Chile. Revista venezolana de gerencia. Vol 18, No 63, pp 457-475. https://doi.org/10.31876/revista.v18i63.11123
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dc.publisher.none.fl_str_mv Universidad de Cartagena
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spelling Estructura de propiedad y desempeño financiero de las empresas colombianas desde la perspectiva del accionista controlante.Ownership structure and financial performance of colombian firms from the perspective of controlling shareholders.Bedoya Ríos, Beatriz ElenaGiraldo Prieto, Cesar AugustoGuevara Sanabria, Jaime AlbertoGobierno corporativoEstructura de propiedadAccionistas controlantesDesempeño financieroCorporate governanceOwnership structureControlling shareholderFinancial performanceUniversidad de Cartagena2018-04-01 00:00:002018-04-01 00:00:002018-04-01Artículo de revistainfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501Textinfo:eu-repo/semantics/articleJournal articleapplication/pdf0122-8900https://hdl.handle.net/11227/1382210.32997/2463-0470-vol.26-num.2-2018-22362463-0470https://doi.org/10.32997/2463-0470-vol.26-num.2-2018-2236https://revistas.unicartagena.edu.co/index.php/panoramaeconomico/article/view/2236reponame:Repositorio Universidad de Cartagenainstname:Universidad de Cartagenainstacron:Universidad de CartagenaspaPanorama Económicohttps://revistas.unicartagena.edu.co/index.php/panoramaeconomico/article/download/2236/1831Núm. 2 , Año 2018244222526Anderson, R., C. y Reeb., D. M. (2003). Board composition: Balancing family influence in S&P 500 Firms. Administrative Science Quarterly, 49(2), 209-237. https://doi.org/10.2307/4131472Ayyagari M, (2004), Does cross-listing lead to functional convergence? Empirical evidence, World Bank Policy Research Working Paper No. 3264. https://doi.org/10.1596/1813-9450-3264Benavides, J., Mongrut, S., and González, M. (2008), Family ownership and firm performance in Peru, Working Paper, Monterrey: Universidad ICESI.Berle, Adolf y Means, Gardiner. (1932). The modern corporation and private property, New York: Hardcourt, Brace and World.Burkart, M., Panunzi, F., Shleifer, A. (2003). Family firms, Journal of Finance. 58 (5), 2167-2202. https://doi.org/10.1111/1540-6261.00601Chong, A., López-de-Silanes, F., (2007). Corporate governance in Latin America, Inter-American development bank. Working paper 59. University of Amsterdam. https://doi.org/10.2139/ssrn.1820067Claessens, S., Djankov, S., and Pohl, G. (1996). Ownership and corporate governance: Evi-dence from the Czech Republic, Policy Re- search Working Paper 1737. Washington: World Bank.Dehkalani, N. M., Asadi, A., & Kordlouie, H., R. (2015). The relationship between institutional ownership with the current financial performance of the firms listed in bombay stock exchange. International Journal Of Management, Accounting & Economics, 2(6), 571-583.Denis, Diane (2001). Twenty-five years of corporate gobernance research … and counting. Review of Financial economics. Vol 10, pp 191-212. https://doi.org/10.1016/S1058-3300(01)00037-4Demsetz, H., and Lehn, K. (1985). The structure of corporate ownership: Causes and consequences, Journal of Political Economy. 93 (6), 1155-1. https://doi.org/10.1086/261354Earle, J., Kucsera, C., and Telegdy, A. (2005). Ownership concentration and corporate performance on the Budapest stock exchange: do too many cooks spoil the goulash, Corporate Governance: An International Review. 13(2). 254-264. https://doi.org/10.1111/j.1467-8683.2005.00420.xEcheverry, J. C. (2015). Ecopetrol reduce 28% su patrimonio con implementación de NIIF. Retrieved December 5, 2015, from http://www.dinero.com/empresas/articulo/ecopetrol-vera-afectados-balances-implementacion-normas-niif/208453Ersoy, H., & Koy, A. (2015). The relationship between corporate performance and ownership structure: evidence from Turkey, EMAJ: Emerging Markets Journal. 5(2), 9-18, https://doi.org/10.5195/EMAJ.2015.75Espinosa Méndez, C., & Maquieira Villanueva, C. (2010). Desempeño y concentración de la propiedad en empresas chilenas emisoras de American Depositary Recipts (ADR). Cuadernos de Administración (01203592). 23(40), 95-116.Fuenzalida D., Mongrut S., Benavides J. (2008) Estructura propietaria y rendimientos bursátiles en Suramérica, Cuadernos de administración. Vol 21, No 35 pp 11-35.González, Maximiliano; Guzmán, Alexander; Pombo, Carlos; Trujillo, María-A, (2012) Family firms and financial performance: The cost of growing, Emerging Markets Review, 13(4), 626-649. https://doi.org/10.1016/j.ememar.2012.09.003Hoskisson, Robert, Johnson, Richard y Moesel, Douglas (1994), Corporate divestiture intensity in restructuring firms: Effects of governance, Strategy, and Performance, Academy of Management Journal, 37(5). pp, 1207-1251. https://doi.org/10.2307/256671Jensen, M., C., y Meckling, W., H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure, Journal of Financial Economics. 3(4), 305-360. https://doi.org/10.1016/0304-405X(76)90026-XLa Porta, R., Lopez-de-Silanes, F., Shleifer, A., Vishny, R. (1998). Law and finance. Journal of Political Economy. 106 (6). 1113-1155. https://doi.org/10.1086/250042La Porta, R., Lopez-de-Silanes, F., y Shleifer, A. (1999). Corporate ownership around the world. The Journal of Finance. 54(2), 471-517. https://doi.org/10.1111/0022-1082.00115Leech, D., and Leahy, J. (1991). Ownership structure,control type classifications and the performance of large British companies. The Economic Journal. 101 (409). 1418-1437. https://doi.org/10.2307/2234893Lefort, F. (2003). Estructura de Propiedad y control de las empresas Latinoamericanas. Administración y economía UC. 53, 12-15.Lins, K. (2002). Equity ownership and firm value in emerging markets. Journal of Financial and Quantitative Analysis. 38, 159-184. https://doi.org/10.2307/4126768Loderer, C., y Martin, K. (1997). Executive stock ownership and performance tracking faint traces. Journal of Financial Economics. 45(2), 223-255. https://doi.org/10.1016/S0304-405X(97)00017-2López Iturriaga, F., & Saona Hoffmann, P. (2007). Endeudamiento, dividendos y Estructura de propiedad como determinantes de los problemas de agencia en la gran empresa española. Cuadernos de Economía y Dirección de la Empresa. 10(31). 119-146, https://doi.org/10.1016/S1138-5758(07)70085-3Martin de Holan, P., y Sanz, L. (2006). Protected by the family? How closely held family firms protect minority shareholders. Journal of Business Research, 59(3), 356-359. https://doi.org/10.1016/j.jbusres.2005.09.009Morck, R., Shleifer, A., and Vishny, R., (1988), Management ownership and market valuation: An empirical analysis. Journal of Financial Economics. 20, 293-316. https://doi.org/10.1016/0304-405X(88)90048-7Pivovarsky, A. (2003). Ownership concentration and performance in Ukraine's privatized enterprises. IMF Staff Paper. 50(1), 10-42.Shleifer, Andrei and Vishny, Robert. (1997). A Survey of Corporate Governance. The Journal of Finance. Vol, 52, No, 2 (Jun, 1997), pp, 737-783. https://doi.org/10.1111/j.1540-6261.1997.tb04820.xXu, X., and Wang, Y., (1997). Ownership structure, corporate governance and corporate performance: The case of Chinese stock companies, Washington: Economic Development Institute- The World Bank.Zuñiga, Sergio y Soria, Karla (2013). Relación entre desempeño corporativo y Estructura de Propiedad en Chile. Revista venezolana de gerencia. Vol 18, No 63, pp 457-475. https://doi.org/10.31876/revista.v18i63.11123Panorama Económico - 2018https://creativecommons.org/licenses/by-nc-sa/4.0http://purl.org/coar/access_right/c_abf2info:eu-repo/semantics/openAccessEsta obra está bajo una licencia internacional Creative Commons Atribución-NoComercial-CompartirIgual 4.0.2024-09-05T20:19:40Z
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