The Relationship between Profitability and the Participation of Women in the Board of Directors of listed Companies in Mexico

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Auteur principal: María Luisa Saavedra García
Format: Artículo científico
Langue:en
Publié: Universidad de La Salle 2018
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author María Luisa Saavedra García
author_facet María Luisa Saavedra García
contents The Relationship between Profitability and the Participation of Women in the Board of Directors of listed Companies in Mexico María Luisa Saavedra García María Elena Camarena Adame Economía y Finanzas Gender leverage profitability board of directors The objective of this work was to determine if there is a relationship between profitability and the participation of women in the Council of Administration (CA) in companies listed on the Mexican Stock Exchange (BMV). We worked with a sample of 37 companies with the participation of women in the CA and with 32 companies where there is no participation of women in the CA; indicators were calculated for profitability and financial leverage. The findings show that the performance of the companies with the participation of women in the CA is more often measured with the Return on Invested Capital, and that they have less financial leverage at these companies, thus proving women’s aversion to taking risks, a variable that is linked to profitability and which would also explain the lower yield shown by the other three indicators of profitability. 2018 artículo científico 1692-7311 https://www.redalyc.org/articulo.oa?id=95779228003 en http://www.redalyc.org/revista.oa?id=957 Equidad & Desarrollo application/pdf Universidad de La Salle Equidad & Desarrollo (Colombia) Num.32
format Artículo científico
id redalyc_95779228003
institution Redalyc
language en
publishDate 2018
publisher Universidad de La Salle
spellingShingle The Relationship between Profitability and the Participation of Women in the Board of Directors of listed Companies in Mexico
María Luisa Saavedra García
Economía y Finanzas
Gender
leverage
profitability
board of directors
The Relationship between Profitability and the Participation of Women in the Board of Directors of listed Companies in Mexico María Luisa Saavedra García María Elena Camarena Adame Economía y Finanzas Gender leverage profitability board of directors The objective of this work was to determine if there is a relationship between profitability and the participation of women in the Council of Administration (CA) in companies listed on the Mexican Stock Exchange (BMV). We worked with a sample of 37 companies with the participation of women in the CA and with 32 companies where there is no participation of women in the CA; indicators were calculated for profitability and financial leverage. The findings show that the performance of the companies with the participation of women in the CA is more often measured with the Return on Invested Capital, and that they have less financial leverage at these companies, thus proving women’s aversion to taking risks, a variable that is linked to profitability and which would also explain the lower yield shown by the other three indicators of profitability. 2018 artículo científico 1692-7311 https://www.redalyc.org/articulo.oa?id=95779228003 en http://www.redalyc.org/revista.oa?id=957 Equidad & Desarrollo application/pdf Universidad de La Salle Equidad & Desarrollo (Colombia) Num.32
title The Relationship between Profitability and the Participation of Women in the Board of Directors of listed Companies in Mexico
topic Economía y Finanzas
Gender
leverage
profitability
board of directors
url https://www.redalyc.org/articulo.oa?id=95779228003