Publicado

2016-01-01

La presencia de la mujer en el directorio y su relación con el desempeño financiero de la empresa

PARTICIPATION OF WOMEN IN THE BOARD OF DIRECTORS AND ITS RELATIONSHIP WITH THE FINANCIAL PERFORMANCE OF AN ORGANIZATION

A PRESENÇA DA MULHER NA DIRETORIA E SUA RELAÇÃO COM O DESEMPENHO FINANCEIRO DA EMPRESA

DOI:

https://doi.org/10.15446/innovar.v26n59.54366

Palabras clave:

Directorio, diversidad de género, gobierno corporativo, desempeño financiero. (es)
Board of Directors, gender diversity, corporate governance, financial performance (en)
Diretoria, diversidade de gênero, governo corporativo, desempenho financeiro (pt)

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La importancia de la composición del directorio de una empresa es un tema que ha recibido especial atención en los últimos años. Estudios sobre el efecto que tiene la presencia de directores independientes, directores de diversas etnias y directores de distinto género buscan determinar si un directorio diverso tendrá distintos enfoques y opiniones que enriquecerán el proceso de toma de decisiones y mejorará la marcha de la empresa. En el caso particular de la presencia de la mujer, existen estudios previos para economías desarrolladas; sin embargo, no existen investigaciones para países como Perú, caracterizados por un dominio de la figura masculina en el ámbito empresarial.
The importance of the composition of the Board of Directors of an organization is an issue that has received special attention in recent years. Studies about the effect of the presence of independent managers, managers of different ethnic groups and different genders, seek to determine whether a diverse management will have different approaches and opinions that may enrich the process of decision making and improve the performance of the company. In the particular case of women participation, there are previous studies on this matter for developed economies. However, there are no studies about countries such as Peru, characterized by a dominance of male figures in the business world. The role that women have played during the past few years in the Peruvian business environment has gained special importance and serves as motivation for this study to determine if their presence on the Board has any effect on the performance of the company, especially on its financial dimension. Using a sample of 137 non-financial companies listed on the Lima Stock Exchange, the main results show that female participation in the Board does not significantly affect the financial performance of an organization.
A importância da composição da diretoria de uma empresa é um tema que tem recebido especial atenção nos últimos anos. Estudos sobre o efeito que tem a presença de diretores independentes, diretores de diversas etnias e de diferente gênero buscam determinar se uma direção diversa terá diferentes enfoques e opiniões que enriquecerão o processo de tomada de decisões e melhorará o andamento da empresa. No caso particular da presença da mulher, existem estudos anteriores para economias desenvolvidas; contudo, não existem pesquisas para países como o Peru, caracterizados por um domínio da figura masculina no âmbito empresarial. O papel que, há poucos anos, vem desempenhado a mulher no ambiente empresarial peruano tem ganhado especial relevância e serve como motivação deste trabalho para determinar se sua presença na direção de uma empresa tem algum efeito sobre o andamento desta, em especial sobre seu desempenho financeiro. Com uma amostra de 137 empresas não financeiras listadas na Bolsa de Valores de Lima, os principais resultados mostram que a presença feminina na direção não afeta significativamente o estado financeiro de uma empresa.

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Cómo citar

Tresierra Tanaka, Álvaro E., Flores Parodi, C. M., & Samamé Monje, X. A. (2016). La presencia de la mujer en el directorio y su relación con el desempeño financiero de la empresa. Innovar, 26(59), 101-118. https://doi.org/10.15446/innovar.v26n59.54366

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