GOBIERNO CORPORATIVO: DIVERSIDAD Y RENDIMIENTO FINANCIERO. EL CASO DE EMPRESAS NO FINANCIERAS EN CHILE

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Authors: Pablo San Martín, Susana Sabaletta-Farías, Guipsy Rebolledo-Aburto, Pedro E. Severino-González, Felipe Irribarra
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Abstract

Abstract The study of diversity on the board of directors of companies has taken on greater relevance due to the possible implications on the financial performance of companies. The objective of this research is to analyze the relationship between diversity and gender equity on the board of directors with respect to the financial performance of non-financial companies in Chile. Descriptive statistics, measures of central tendencies, correlations and panel data regressions were applied considering a sample of 100 companies. It is evident that gender has no influence on financial performance, but the equity and presence of women on the board of directors negatively affects the financial performance of companies. Keywords: corporate governance, gender diversity, board of directors, financial performance, firm value.

Fields of Study & Subjects

Gender Diversity and Inequality Business Education Mathematics Research Various Academic Research Studies

Publication details

Journal / source
Journal of Globalization Competitiveness and Governability
Publisher
Georgetown University Latin America Leadership Program
Volume
20
Issue
1
Publication date
2 January 2026
Language
ES