Abstract
The main objective of this study is to analyze the relationship between member diversity in boards of directors and the adoption of corporate governance practices in 204 Chilean companies during the period 2015-2019. A descriptive-correlational analysis is performed, generating trees of significant correlations and regressions to assess relationships between variables. The results show the existence of significant correlations between the diversity of the boards of directors and the variables that classify shareholders and define risk management. Gender diversity positively and significantly affects the adoption of corporate governance practices. Nationality diversity positively and significantly affects practices related to shareholders and risk management. It is concluded that diversity in both gender and nationality encourages the adoption of good corporate governance practices.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.