Can board diversity and choice of auditor enhance profitability?
Autor(a) principal: | |
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Data de Publicação: | 2018 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10071/16257 |
Resumo: | The research examines how board diversity and choice of auditing firm, as mechanisms of corporate governance, affect the profitability of Iberian companies. Using information from an adjusted sample of 93 non-financial companies listed on the Iberian stock exchanges, a theoretical model was regressed. Profit margin (PM) and return on equity (ROE), as two of the more frequently used profitability measures, capture, at a moderately acceptable level, the impact derived from board diversity and choice of auditing firm among Iberian companies. Most variables cited are not equally distributed across Iberia, in line with Hofstede’s cultural dimensions model. The evidence, while inconclusive, provides valuable insight into how governance mechanisms affect performance. In addition, the research provides value to the literature by introducing new proxies on board characteristics, and its impact on dynamic profitability. |
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Can board diversity and choice of auditor enhance profitability?Board diversityAuditing firmsProfitabilityAssets turnoverIberiaPortugalSpainThe research examines how board diversity and choice of auditing firm, as mechanisms of corporate governance, affect the profitability of Iberian companies. Using information from an adjusted sample of 93 non-financial companies listed on the Iberian stock exchanges, a theoretical model was regressed. Profit margin (PM) and return on equity (ROE), as two of the more frequently used profitability measures, capture, at a moderately acceptable level, the impact derived from board diversity and choice of auditing firm among Iberian companies. Most variables cited are not equally distributed across Iberia, in line with Hofstede’s cultural dimensions model. The evidence, while inconclusive, provides valuable insight into how governance mechanisms affect performance. In addition, the research provides value to the literature by introducing new proxies on board characteristics, and its impact on dynamic profitability.Inderscience Enterprises Ltd.2018-07-04T11:20:03Z2019-07-04T00:00:00Z2018-01-01T00:00:00Z20182019-03-20T15:19:47Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10071/16257eng1368-489210.1504/IJBPM.2018.10011847Ferraz, D. P.Lopes, I. T.Kopliku, A.info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:59:09Zoai:repositorio.iscte-iul.pt:10071/16257Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:30:58.693279Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Can board diversity and choice of auditor enhance profitability? |
title |
Can board diversity and choice of auditor enhance profitability? |
spellingShingle |
Can board diversity and choice of auditor enhance profitability? Ferraz, D. P. Board diversity Auditing firms Profitability Assets turnover Iberia Portugal Spain |
title_short |
Can board diversity and choice of auditor enhance profitability? |
title_full |
Can board diversity and choice of auditor enhance profitability? |
title_fullStr |
Can board diversity and choice of auditor enhance profitability? |
title_full_unstemmed |
Can board diversity and choice of auditor enhance profitability? |
title_sort |
Can board diversity and choice of auditor enhance profitability? |
author |
Ferraz, D. P. |
author_facet |
Ferraz, D. P. Lopes, I. T. Kopliku, A. |
author_role |
author |
author2 |
Lopes, I. T. Kopliku, A. |
author2_role |
author author |
dc.contributor.author.fl_str_mv |
Ferraz, D. P. Lopes, I. T. Kopliku, A. |
dc.subject.por.fl_str_mv |
Board diversity Auditing firms Profitability Assets turnover Iberia Portugal Spain |
topic |
Board diversity Auditing firms Profitability Assets turnover Iberia Portugal Spain |
description |
The research examines how board diversity and choice of auditing firm, as mechanisms of corporate governance, affect the profitability of Iberian companies. Using information from an adjusted sample of 93 non-financial companies listed on the Iberian stock exchanges, a theoretical model was regressed. Profit margin (PM) and return on equity (ROE), as two of the more frequently used profitability measures, capture, at a moderately acceptable level, the impact derived from board diversity and choice of auditing firm among Iberian companies. Most variables cited are not equally distributed across Iberia, in line with Hofstede’s cultural dimensions model. The evidence, while inconclusive, provides valuable insight into how governance mechanisms affect performance. In addition, the research provides value to the literature by introducing new proxies on board characteristics, and its impact on dynamic profitability. |
publishDate |
2018 |
dc.date.none.fl_str_mv |
2018-07-04T11:20:03Z 2018-01-01T00:00:00Z 2018 2019-07-04T00:00:00Z 2019-03-20T15:19:47Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10071/16257 |
url |
http://hdl.handle.net/10071/16257 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
1368-4892 10.1504/IJBPM.2018.10011847 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Inderscience Enterprises Ltd. |
publisher.none.fl_str_mv |
Inderscience Enterprises Ltd. |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799134871382130688 |