The moderating effect of corporate governance on the relationship between diversification and operational performance in Mexican companies

AudienciaPúblico en generales_ES
CoberturaMéxicoes_ES
Fecha de ingreso2026-09-15T00:32:17Z
Fecha de publicación2024-05-30
ResumenThis 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
Doihttps://doi.org/10.15174/au.2024.3991es_ES
URIhttps://riuat.uat.edu.mx/handle/123456789/3764
Idiomaenes_ES
EditorialUniversidad de Guanajuatoes_ES
RelaciónActa Universitariaes_ES
URL relacionadohttp://dx.doi.org/10.15174/au.2024.3991es_ES
DerechosAcceso abierto (PDF local verificado)es_ES
Licenciahttp://purl.org/coar/access_right/c_abf2es_ES
FuenteActa Universitaria
Palabra claveDiversification (marketing strategy)es_ES
Palabra claveCorporate governancees_ES
Palabra claveBusinesses_ES
Palabra clavePanel dataes_ES
Palabra claveStock exchangees_ES
Palabra claveAccountinges_ES
Palabra claveEmpirical evidencees_ES
Palabra claveFinancees_ES
Palabra claveEconomicses_ES
Palabra claveMarketinges_ES
Palabra claveEconometricses_ES
ClasificaciónBusiness, Innovation, and Economyes_ES
TítuloThe moderating effect of corporate governance on the relationship between diversification and operational performance in Mexican companieses_ES
TipoArtículoes_ES
ArbitradoHa sido Arbitradoes_ES
AutorHerrera, Eduardo Arango
AutorGarcía, Arturo Briseño
AutorGarcía-Mata, Osvaldo
AutorLeón, Cristian Alejandro Rubalcava de
AutorHerrera, Eduardo Arangoes_ES
AutorGarcía, Arturo Briseñoes_ES
AutorGarcía-Mata, Osvaldoes_ES
AutorLeón, Cristian Alejandro Rubalcava dees_ES
InstituciónUniversidad Autónoma de Tamaulipas
InstituciónUniversidad Autónoma de Tamaulipases_ES
Rango de páginas1-19es_ES
URL relacionadahttps://doi.org/10.15174/au.2024.3991
Tipo de artículoIndexado
Tipo de artículoIndexadoes_ES
Volumen34es_ES

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