1.05. Firm value of latin american companies: the influence of internal corporate governance mechanisms.

Autores: 058-1-31.07

Palabras Clave: Corporate governance, ownership structure, capital structure, dividend policy, panel data

There is extensive theoretical and empirical literature on the study of the relationship between different corporate governance mechanisms and the firm value. Most of this empirical literature is focused on the Anglo Saxon context where both the disperse ownership structures and the developed disciplining institutions are taken for granted. Additionally, several empirical works also suffer from two econometric problems in this kind of studies…