Determinantes de la concentración de la propiedad empresarial en México
- Watkins Fassler, Karen
- Flores Vargas, Diana Rubí
ISSN: 0186-1042, 2448-8410
Année de publication: 2016
Volumen: 61
Número: 2
Pages: 224-242
Type: Article
D'autres publications dans: Contaduría y administración
Résumé
Las empresas no financieras listadas en la Bolsa Mexicana de Valores durante el periodo 2001-2012 presentan una alta concentración de la propiedad. Esta no cambia significativamente en el tiempo, excepto considerando períodos normales y de crisis financiera. Mediante un análisis de datos panel se comprueba que dentro de las variables más importantes para explicar la concentración accionaria se encuentran el rendimiento sobre los activos y el porcentaje de directores independientes dentro de las Juntas Directivas. No obstante, la estructura de la propiedad está condicionada también por factores de índole psicológico y cultural, y predomina la influencia del grado de protección a los inversionistas.
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