Understanding Board Designs in Latin American Firms: Insights from Brazil

Show simple item record

dc.contributor.author Federo, Ryan
dc.contributor.author Parente, Tobias
dc.date.accessioned 2023-10-19T10:16:38Z
dc.date.available 2023-10-19T10:16:38Z
dc.identifier.uri http://hdl.handle.net/11201/162203
dc.description.abstract [eng] Firms are facing an increasing pressure to conform to a globally-accepted good governance norm that is largely based on developing economies in order to increase board monitoring. However, many Latin American firms deviate from a set of recommended corporate governance practices by adopting board designs with practices associatedwith low board monitoring. We attribute this deviation to the interplay of capacity and willingness to bearthehighcostsofboarddesignswith fewbarrierstoboardmonitoring.Inthisstudy,weuseaconfigurational approach to inductively identify the board designs of publicly listed Brazilian firms. Our findings uncover a typology of boarddesignscorrespondingto particular levels of firmsʼ capacity and willingness to bearthe costsof board governance practices that conform to the good governance norm. We discuss our studyʼs implications for strategic corporate governance.
dc.format application/pdf
dc.relation.isformatof Versió postprint del document publicat a: https://doi.org/10.1016/j.jbusres.2023.114102
dc.relation.ispartof Journal of Business Research, 2023, vol. 166, num. 114102, p. 114102-1-114102-14
dc.subject.classification 33 - Economia
dc.subject.other 33 - Economics. Economic science
dc.title Understanding Board Designs in Latin American Firms: Insights from Brazil
dc.type info:eu-repo/semantics/article
dc.type info:eu-repo/semantics/acceptedVersion
dc.date.updated 2023-10-19T10:16:39Z
dc.rights.accessRights info:eu-repo/semantics/openAccess
dc.identifier.doi https://doi.org/10.1016/j.jbusres.2023.114102


Files in this item

This item appears in the following Collection(s)

Show simple item record

Search Repository


Advanced Search

Browse

My Account

Statistics