Performance, corporate governance and new regulation

Heriberto García

doi:10.29105/rinn9.18-4

Autores/as

Heriberto García Texas A&M International University,

DOI:

https://doi.org/10.29105/rinn9.18-4

Resumen

Abstract. After the adoption of the Corporate Governance Code (Code) in Mexico, many companies increased financial performance and the leveraged during the following five years; we investigated the effect of how those firms improved the corporate governance practices and how was translated into better risk return company. We analyzed how and where better corporate governance practices affects performance and what was the relationship with Transparency, New Regulation and Governance Practices. Also we explored the gaps between transparency and information disclosure of Mexican Firms listed in U.S stock
exchange and non U.S listed firms our findings were related to the potential growth of the Mexico Financial Market, Law and Finance.

Keywords: corporate governance, financial performance, regulation

Resumen. Después de la adopción del Código de Gobierno Corporativo en México, algunas compañías incrementaron el desempeño financiero y el uso de deuda durante los siguientes cinco anos, nuestra investigación se enfoca en como dichas compañías mejoraron sus prácticas de gobierno corporativo y como estas prácticas se han traducido en un mejor relación de riesgo y rendimiento. En esta investigación exploramos cómo y en dónde mejores prácticas de gobierno corporativo afectan el desempeño y qué relación tiene con la
Transparencia, Nuevas Regulaciones y prácticas de Gobierno Corporativo. Con lo anterior también identificamos aquellas compañías que cotizan fuera de México para identificar potenciales diferencias en dichas prácticas.

Palabras clave: desempeño financiero, gobierno corporativo, regulación

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