The impact of the diversity of the board of directors in the adoption of risk management and control practices

Autores
Godoy Ávila, Pablo Esteban; Vera Ibar, Pamela Alejandra; Arenas Torres, Felipe Eduardo; Santander Ramírez, Valentín Adolfo
Año de publicación
2024
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
Fil: Godoy Ávila, Pablo Esteban. Universidad de Talca. Centro de Investigación y Estudios Contables; Chile.
Fil: Vera Ibar, Pamela Alejandra. Universidad de Talca. Centro de Investigación y Estudios Contables; Chile.
Fil: Arenas Torres, Felipe Eduardo. Universidad de Talca. Centro de Investigación y Estudios Contables; Chile.
Fil: Santander Ramírez, Valentín Adolfo. Universidad de Talca. Centro de Investigación y Estudios Contables; Chile.
The objective of this study is to analyze the incidence of board diversity in the adoption of management practices and risk control of 236 Chilean public limited companies in the period 2015-2019. For this, a descriptive-correlational study was carried out, considering the diversity of gender, nationality, and age of the board of directors, and the degree of adoption of risk management and control practices proposed by the local regulator. Through a regression analysis between the study variables, it was shown that diversity of gender and nationality has a positive and significant impact on the adoption of risk management and control practices, but not age diversity, which does not have a significant impact on the adoption of risk management and control practices. It was concluded that the boards do not present a tendency towards heterogeneity in their conformation, being composed chiefly of male directors of Chilean nationality and in an age range between 50 and 70 years, leaving evidence of stagnation in the diversity rates of this decision-making body, as well as the low adoption of corporate practices related to risk control and management in companies in the Chilean stock market.
Materia
Corporate governance
Diversity
Risk control
Risk management
Nivel de accesibilidad
acceso abierto
Condiciones de uso
Atribución-NoComercial-CompartirIgual 4.0 Internacional
Repositorio
Repositorio Institucional Digital de la Universidad Nacional de Misiones (UNaM)
Institución
Universidad Nacional de Misiones
OAI Identificador
oai:rid.unam.edu.ar:20.500.12219/5815
Acceder
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spelling The impact of the diversity of the board of directors in the adoption of risk management and control practicesGodoy Ávila, Pablo EstebanVera Ibar, Pamela AlejandraArenas Torres, Felipe EduardoSantander Ramírez, Valentín AdolfoCorporate governanceDiversityRisk controlRisk managementFil: Godoy Ávila, Pablo Esteban. Universidad de Talca. Centro de Investigación y Estudios Contables; Chile.Fil: Vera Ibar, Pamela Alejandra. Universidad de Talca. Centro de Investigación y Estudios Contables; Chile.Fil: Arenas Torres, Felipe Eduardo. Universidad de Talca. Centro de Investigación y Estudios Contables; Chile.Fil: Santander Ramírez, Valentín Adolfo. Universidad de Talca. Centro de Investigación y Estudios Contables; Chile.The objective of this study is to analyze the incidence of board diversity in the adoption of management practices and risk control of 236 Chilean public limited companies in the period 2015-2019. For this, a descriptive-correlational study was carried out, considering the diversity of gender, nationality, and age of the board of directors, and the degree of adoption of risk management and control practices proposed by the local regulator. Through a regression analysis between the study variables, it was shown that diversity of gender and nationality has a positive and significant impact on the adoption of risk management and control practices, but not age diversity, which does not have a significant impact on the adoption of risk management and control practices. It was concluded that the boards do not present a tendency towards heterogeneity in their conformation, being composed chiefly of male directors of Chilean nationality and in an age range between 50 and 70 years, leaving evidence of stagnation in the diversity rates of this decision-making body, as well as the low adoption of corporate practices related to risk control and management in companies in the Chilean stock market.Universidad Nacional de Misiones. Facultad de Ciencias Económicas. Programa de Posgrado en Administración2024-06-10info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdf439.1 KBhttps://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/841/885https://hdl.handle.net/20.500.12219/5815enginfo:eu-repo/semantics/altIdentifier/urn/https://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/841/885info:eu-repo/semantics/altIdentifier/doi/https://doi.org/10.36995/j.visiondefuturo.2024.28.02.004.eninfo:eu-repo/semantics/openAccessAtribución-NoComercial-CompartirIgual 4.0 Internacionalhttp://creativecommons.org/licenses/by-nc-sa/4.0/reponame:Repositorio Institucional Digital de la Universidad Nacional de Misiones (UNaM)instname:Universidad Nacional de Misiones2025-09-11T11:11:18Zoai:rid.unam.edu.ar:20.500.12219/5815instacron:UNAMInstitucionalhttps://rid.unam.edu.ar/Universidad públicahttps://www.unam.edu.ar/https://rid.unam.edu.ar/oai/rsnrdArgentinaopendoar:2025-09-11 11:11:18.585Repositorio Institucional Digital de la Universidad Nacional de Misiones (UNaM) - Universidad Nacional de Misionesfalse
dc.title.none.fl_str_mv The impact of the diversity of the board of directors in the adoption of risk management and control practices
title The impact of the diversity of the board of directors in the adoption of risk management and control practices
spellingShingle The impact of the diversity of the board of directors in the adoption of risk management and control practices
Godoy Ávila, Pablo Esteban
Corporate governance
Diversity
Risk control
Risk management
title_short The impact of the diversity of the board of directors in the adoption of risk management and control practices
title_full The impact of the diversity of the board of directors in the adoption of risk management and control practices
title_fullStr The impact of the diversity of the board of directors in the adoption of risk management and control practices
title_full_unstemmed The impact of the diversity of the board of directors in the adoption of risk management and control practices
title_sort The impact of the diversity of the board of directors in the adoption of risk management and control practices
dc.creator.none.fl_str_mv Godoy Ávila, Pablo Esteban
Vera Ibar, Pamela Alejandra
Arenas Torres, Felipe Eduardo
Santander Ramírez, Valentín Adolfo
author Godoy Ávila, Pablo Esteban
author_facet Godoy Ávila, Pablo Esteban
Vera Ibar, Pamela Alejandra
Arenas Torres, Felipe Eduardo
Santander Ramírez, Valentín Adolfo
author_role author
author2 Vera Ibar, Pamela Alejandra
Arenas Torres, Felipe Eduardo
Santander Ramírez, Valentín Adolfo
author2_role author
author
author
dc.subject.none.fl_str_mv Corporate governance
Diversity
Risk control
Risk management
topic Corporate governance
Diversity
Risk control
Risk management
dc.description.none.fl_txt_mv Fil: Godoy Ávila, Pablo Esteban. Universidad de Talca. Centro de Investigación y Estudios Contables; Chile.
Fil: Vera Ibar, Pamela Alejandra. Universidad de Talca. Centro de Investigación y Estudios Contables; Chile.
Fil: Arenas Torres, Felipe Eduardo. Universidad de Talca. Centro de Investigación y Estudios Contables; Chile.
Fil: Santander Ramírez, Valentín Adolfo. Universidad de Talca. Centro de Investigación y Estudios Contables; Chile.
The objective of this study is to analyze the incidence of board diversity in the adoption of management practices and risk control of 236 Chilean public limited companies in the period 2015-2019. For this, a descriptive-correlational study was carried out, considering the diversity of gender, nationality, and age of the board of directors, and the degree of adoption of risk management and control practices proposed by the local regulator. Through a regression analysis between the study variables, it was shown that diversity of gender and nationality has a positive and significant impact on the adoption of risk management and control practices, but not age diversity, which does not have a significant impact on the adoption of risk management and control practices. It was concluded that the boards do not present a tendency towards heterogeneity in their conformation, being composed chiefly of male directors of Chilean nationality and in an age range between 50 and 70 years, leaving evidence of stagnation in the diversity rates of this decision-making body, as well as the low adoption of corporate practices related to risk control and management in companies in the Chilean stock market.
description Fil: Godoy Ávila, Pablo Esteban. Universidad de Talca. Centro de Investigación y Estudios Contables; Chile.
publishDate 2024
dc.date.none.fl_str_mv 2024-06-10
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/841/885
https://hdl.handle.net/20.500.12219/5815
url https://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/841/885
https://hdl.handle.net/20.500.12219/5815
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/urn/https://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/841/885
info:eu-repo/semantics/altIdentifier/doi/https://doi.org/10.36995/j.visiondefuturo.2024.28.02.004.en
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
Atribución-NoComercial-CompartirIgual 4.0 Internacional
http://creativecommons.org/licenses/by-nc-sa/4.0/
eu_rights_str_mv openAccess
rights_invalid_str_mv Atribución-NoComercial-CompartirIgual 4.0 Internacional
http://creativecommons.org/licenses/by-nc-sa/4.0/
dc.format.none.fl_str_mv application/pdf
application/pdf
439.1 KB
dc.publisher.none.fl_str_mv Universidad Nacional de Misiones. Facultad de Ciencias Económicas. Programa de Posgrado en Administración
publisher.none.fl_str_mv Universidad Nacional de Misiones. Facultad de Ciencias Económicas. Programa de Posgrado en Administración
dc.source.none.fl_str_mv reponame:Repositorio Institucional Digital de la Universidad Nacional de Misiones (UNaM)
instname:Universidad Nacional de Misiones
reponame_str Repositorio Institucional Digital de la Universidad Nacional de Misiones (UNaM)
collection Repositorio Institucional Digital de la Universidad Nacional de Misiones (UNaM)
instname_str Universidad Nacional de Misiones
repository.name.fl_str_mv Repositorio Institucional Digital de la Universidad Nacional de Misiones (UNaM) - Universidad Nacional de Misiones
repository.mail.fl_str_mv
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