The ethical commitment of independent directors in different contexts of investor protection

  1. Isabel María García-Sánchez 1
  2. José Valeriano Frías Aceituno 2
  3. Luis Rodríguez Domínguez 1
  1. 1 Universidad de Salamanca, Spain.
  2. 2 Universidad de Granada, Spain.
Revista:
Business Research Quarterly

ISSN: 2340-9444,  2340-9436

Año de publicación: 2015

Volumen: 18

Número: 2

Páginas: 81-94

Tipo: Artículo

DOI: 10.1016/J.BRQ.2014.07.001 DIALNET GOOGLE SCHOLAR lock_openAcceso abierto editor

Otras publicaciones en: Business Research Quarterly

Resumen

El propósito de este estudio es comparar, para países con diferentes entornos legales, el grado en que las juntas directivas pueden mejorar el comportamiento ético empresarial mediante el diseño de códigos de ética. Estos códigos abordan cuestiones como la responsabilidad de una empresa con respecto a la calidad de sus productos y servicios, el cumplimiento de las leyes y reglamentos, los conflictos de intereses, la corrupción y el fraude, y la protección del medio ambiente natural. Utilizando una muestra de firmas de 12 países, obtenemos evidencia de que una mayor presencia de consejeros independientes en el directorio conduce a la existencia de códigos éticos más complejos. Además, existen diferencias significativas entre países con niveles altos y países con niveles bajos de protección al inversionista en lo que respecta a la efectividad de los directores independientes para restringir el comportamiento poco ético de los gerentes.

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