Listar Artículos y borradores de administración – Working papers por autor "Trujillo Dávila, María Andrea"
Mostrando ítems 1-20 de 23
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Advisors in corporate governance of family firms
(Pontificia Universidad Javeriana. Facultad de Ciencias Económicas y Administrativas, 2021-10-15)Este estudio examina el impacto de los asesores especializados en la implementación de prácticas de buen gobierno a nivel de empresa y familia. Aplicamos un enfoque cualitativo de estudio de casos en diversas industrias ... -
Attention to global warming and the success of environmental initial coin offerings : empirical evidence
(MDPI AG, 2020-11-26)We analyze the effects of attention to global warming on the success of environmental initial coin offerings (ICOs) measured by the total funding amount raised in the actual ICOs and the long-term survival of the projects. ... -
Determinants of corporate tone in an initial public offering : powerful CEOs versus well-functioning boards
(Elsevier Inc., 2021-12)Recent literature on initial public offerings (IPOs) suggests a significant effect of tone in IPO underpricing but ignores its determinants. This study concentrates on the factors that shape the tone of the information ... -
Determinants of successful internationalisation processes in business schools
(Routledge, 2017-05-18)We analyse the internationalisation process in business schools as a response to the globalisation phenomena and argue that environmental pressures, isomorphic forces, the pool of internal resources and the alignment of ... -
Does gender really matter in the boardroom? Evidence from closely held family firms
(Springer, 2020)In this study, using a unique hand-collected sample of 523 closely held Colombian family firms and 5.094 firm-year observations, with 4907 board members, including 833 female board members, we show that female directors ... -
The effectiveness of corporate governance hybrid models in emerging markets : the case of the Issuer Recognition program
(Wiley-Blackwell Publishing Ltd., 2021-01-04)Research question/issue What is the Issuer Recognition (IR) program, and what has been its impact as a new and replicable corporate governance hybrid form used in the Colombian Securities Exchange (CSE)? Research ... -
Family firms and debt : risk aversion versus risk of losing control
(Elsevier Inc., 2013-11)This study examines the effect of family management, ownership, and control on capital structure for 523 Colombian firms between 1996 and 2006. The study finds that debt levels tend to be lower for younger firms when the ... -
Family firms and financial performance : the cost of growing
(Elsevier BV, 2012-12)This study examines the relationship between financial performance and family involvement for 523 listed and non-listed Colombian firms over 1996–2006. Using a detailed database and performing several panel data regression ... -
Family involvement and dividend policy in closely held firms
(Sage Publications Inc, 2014-06-11)This article examines the effects of family involvement on dividend policy in closely held firms that face agency problems involving majority?minority shareholders. We argue that minority shareholders press for dividends ... -
Governance of family firms
(Annual Reviews, 2015)We review what the financial economics literature has to say about the unique ways in which the following three classic agency problems manifest themselves in family firms: (a) shareholders versus managers, (b) controlling ... -
Governance, sentiment analysis, and initial public offering underpricing
(Wiley-Blackwell Publishing Ltd., 2019-01-28)Research Question/Issue What is the relationship between governance, tone in language, and underpricing of initial public offerings (IPOs) in Latin America? Research Findings/Insights We find a positive (negative) and ... -
How institutional development news moves an emerging market
(Elsevier Inc., 2020-05)Major moves in Colombia’s stock market in the 2000s correspond to major news of progress or setbacks in rebuilding the country’s institutions, shattered by widespread guerrilla insurgencies in the 1990s. This contrasts ... -
The impact of governance on IPO underpricing and performance at the country and corporate level : literature review and research directions
(AfricaGrowth Institute, 2020-06-01)We update and review the current literature on IPO underpricing and performance, stressing the link with corporate governance at the country and firm-level. We focus on the separation between ownership and control and the ... -
Internet-based corporate disclosure and market value : evidence from Latin America
(Elsevier BV, 2013-12)We examine the relationship between an Internet-based corporate disclosure index and firm value in the seven largest stock markets of Latin America. We find, after controlling for firms' characteristics, industry and country ... -
Is board turnover driven by performance in family firms?
(Elsevier Inc., 2019-04)We study director turnover as a corporate governance mechanism in family firms; specifically, the effect that family involvement in management, ownership, and control has on director turnover (direct effect) and on director ... -
Revisión de la literatura de empresas familiares : una perspectiva financiera
(Consejo Latinoamericano de Escuelas de Administración, 2011)Las empresas familiares son la estructura organizacional más difundida en el mundo inclusive en las economías más desarrolladas. Por ello, siempre han sido un objeto de estudio interesante para las distintas áreas de la ... -
The role of family involvement on CEO turnover : evidence from colombian family firms
(Wiley-Blackwell Publishing Ltd, 2015)Manuscript Type Empirical Research Question/Issue We analyze CEO turnover in closely held firms with some level of ownership dispersion in a context of low investor protection. In particular, we examine the impact of ... -
Signaling value through gender diversity : evidence from initial coin offerings
(MDPI AG, 2021-01-13)We analyze women’s participation and the effects of team gender diversity on initial coin offering (ICO) success measured by the total funding amount raised in the actual ICO and the project’s long-term survival. Using a ... -
Topics and methods in economics, finance, and business journals : a content analysis enquiry
(Elsevier Ltd, 2018-12-18)This study analyzes the abstracts and titles of 33,454 business finance, economics, management, and business articles published in ISI (frequently cited) journals during 2013–14. The sample represents 46.4 percent of all ... -
Trading cryptocurrencies as a pandemic pastime : COVID-19 lockdowns and Bitcoin volume
(MDPI AG, 2021-07-27)This paper examines the impact of COVID-19 lockdowns on Bitcoin trading volume. Using data from Apple mobility trends and several time-series econometric models, we find that investors became active participants during the ...
