In view of recent corporate scandals, it is argued that corporate governance can learn from public governance. Institutions devised to control and discipline the behaviour of executives in the political sphere can give new insights into how to improve the governance of firms. Some proposal such...

Because open source assets are developed collectively, there is no single source for cost estimates of how much it has taken to develop the technology. There is a great value on open source delopments (OSD), but current legal framework for financial reporting doesn’t allow to report on them...

We study the empirical relationships among corporate governance, strategic diversification and financial performance in Mexico. The study uses data from 99 non-financial firms listed in the BMV (Mexican Stock Market) during 2004. The main relationships found are: Firms which property is...

Financial literature and empirical evidence in global markets indicate that those companies that adequately manage their stakeholders, strengthen and disclose their corporate governance policies, achieve greater effectiveness in their institutional operation. In the context of an emerging...

This descriptive paper aims to relate the application of creative accounting with current International Financial Reporting Standards (IFRS), with the objective of analyzing the measure to which standards can be used to shape the benefits of companies in conservative and optimistic scenarios...

This study aims to determine whether the stock performance of a company affects the frequency of events associated with mergers and acquisitions in Latin America. In order to determine this hypothesis, companies with a consistently poor stock performance (for a period of three years) were...

This descriptive paper aims to relate the application of creative accounting with current International Financial Reporting Standards (IFRS), with the objective of analyzing the measure to which standards can be used to shape the benefits of companies in conservative and optimistic scenarios...

El proceso de venta del Banco de Valencia gestionado por el FROB duró 10 días. La venta se adjudicó a CaixaBank por un euro después de recibir 5.500 millones de fondos públicos. El informe de Oliver Wyman de 2012 motivó dicha reanudación. En él se estimaban unas necesidades de 1.846...

The paper reviews the factors accounting for Mergers and Acquisitions (M&As). It then discusses the evolution of M&A trades, their relative importance and the economic sectors that have been influenced by M&As in sixteen Latin-American economies during 1990-2014. An integral model is developed...

This paper investigates the relationship between board of directors¿characteristics and firm value. We find a positive relationship between board ofdirectors¿ shareholdings and Tobin¿s Q. Endogenous treatment of these variables alsoreveals a positive relationship between Tobin¿s Q and board...