Analysis of Corporate Governance practices in the Colombia Stock Exchange

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Diógenes Lagos Cortés
Docente Universidad Santo Tomás, Facultad de Cultura Física, Deporte y recreación. Bogotá, Colombia.

Keywords

corporate governance, measuring corporate governance, corporate behavior, issuers, stock market, Colombia

Abstract

This paper discusses the application of corporate governance practices, as defined in the Code of Best Corporate Practices (Código País) in issuers Colombia Stock Exchange (BVC). Using regression models is evidence linking the implementation of corporate governance practices and the total amount demanded by investors in the market, this relationship is significant in non-financial issuers. It is observed that corporate governance practices related to board the greatest influence on demand, however, are applied to a lesser extent by issuers.

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Published
Oct 31, 2013

Article Details

How to Cite
Lagos Cortés, D. (2013). Analysis of Corporate Governance practices in the Colombia Stock Exchange. AD-Minister, (23), 25–43. Retrieved from https://publicaciones.eafit.edu.co/index.php/administer/article/view/2242
Issue
No. 23 (2013)
Section
Research Articles
Supporting Agencies
Author Biography

Diógenes Lagos Cortés, Docente Universidad Santo Tomás, Facultad de Cultura Física, Deporte y recreación. Bogotá, Colombia.

Magíster en Ingeniería Industrial de la Universidad Industrial de Santander, Administrador de Empresas de la Universidad Nacional de Colombia. Docente Fundación Universitaria Monserrate, Facultad de Ciencias Sociales y Económicas.

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