The moderating effect of corporate governance on the relationship between diversification and operational performance in Mexican companies
| Audiencia | Público en general | es_ES |
| Cobertura | México | es_ES |
| Fecha de ingreso | 2026-09-15T00:32:17Z | |
| Fecha de publicación | 2024-05-30 | |
| Resumen | This paper aims to analyze the moderating effect of corporate governance on the relationship between business diversification and operational performance. The diversification literature shows empirical evidence that diversification can generate negative and positive returns in the firm; however, to our knowledge, few empirical studies have considered the impact of corporate governance to shed light on this relationship. We use data from 134 companies listed on the Mexican Stock Exchange (BMV, from its Spanish acronym) during the 2011-2018 period. Secondary data from 134 companies listed on the BMV during the period 2011-2018 were used and subjected to panel data analysis techniques. The main finding shows a positive effect on the implementation of corporate governance practices when diversification occurs in its unrelated form. This finding allows to identify the conditions under which diversification achieves better results for companies that use this growth strategy. | es_ES |
| Doi | https://doi.org/10.15174/au.2024.3991 | es_ES |
| URI | https://riuat.uat.edu.mx/handle/123456789/3764 | |
| Idioma | en | es_ES |
| Editorial | Universidad de Guanajuato | es_ES |
| Relación | Acta Universitaria | es_ES |
| URL relacionado | http://dx.doi.org/10.15174/au.2024.3991 | es_ES |
| Derechos | Acceso abierto (PDF local verificado) | es_ES |
| Licencia | http://purl.org/coar/access_right/c_abf2 | es_ES |
| Fuente | Acta Universitaria | |
| Palabra clave | Diversification (marketing strategy) | es_ES |
| Palabra clave | Corporate governance | es_ES |
| Palabra clave | Business | es_ES |
| Palabra clave | Panel data | es_ES |
| Palabra clave | Stock exchange | es_ES |
| Palabra clave | Accounting | es_ES |
| Palabra clave | Empirical evidence | es_ES |
| Palabra clave | Finance | es_ES |
| Palabra clave | Economics | es_ES |
| Palabra clave | Marketing | es_ES |
| Palabra clave | Econometrics | es_ES |
| Clasificación | Business, Innovation, and Economy | es_ES |
| Título | The moderating effect of corporate governance on the relationship between diversification and operational performance in Mexican companies | es_ES |
| Tipo | Artículo | es_ES |
| Arbitrado | Ha sido Arbitrado | es_ES |
| Autor | Herrera, Eduardo Arango | |
| Autor | García, Arturo Briseño | |
| Autor | García-Mata, Osvaldo | |
| Autor | León, Cristian Alejandro Rubalcava de | |
| Autor | Herrera, Eduardo Arango | es_ES |
| Autor | García, Arturo Briseño | es_ES |
| Autor | García-Mata, Osvaldo | es_ES |
| Autor | León, Cristian Alejandro Rubalcava de | es_ES |
| Institución | Universidad Autónoma de Tamaulipas | |
| Institución | Universidad Autónoma de Tamaulipas | es_ES |
| Rango de páginas | 1-19 | es_ES |
| URL relacionada | https://doi.org/10.15174/au.2024.3991 | |
| Tipo de artículo | Indexado | |
| Tipo de artículo | Indexado | es_ES |
| Volumen | 34 | es_ES |
