Browsing by Author "aea0df15-84e0-44bc-921c-27aa82ef6f21"
Now showing items 1-10 of 10
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Govorova, Elena; Jara Bertín, Mauricio; López Iturriaga, Félix (Universidad Autónoma Latinoamericana, 2013)En el presente trabajo estudiamos la propensión de las empresas de Francia, España, Italia, Canadá, Estados Unidos y Gran Bretaña a modificar discrecionalmente la cifra de resultados con el fin de evitar pérdidas o ...
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Álvarez Espinoza, Roberto; Jara Bertín, Mauricio (Universidad de Chile. Facultad de Economía y Negocios, 2016)Prior literature argues that, given the existence of information asymmetries and agency costs, higher competition may increase financial constraints by reducing banks’ incentives to build lending relationships. Using a ...
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Jara Bertín, Mauricio; Sepúlveda, Jean P (Emerald Group Publishing, 2016)Purpose - The purpose of this paper is to introduce an earnings management dimension to compute pre-manipulated accounting performance (free of discretionary accruals) to determine whether family-controlled firms perform ...
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Jara Bertín, Mauricio; Moreno, Marta; Saona, Paolo (Taylor & Francis, 2014)We analyze the extent to which firm size determines the relationship between growth opportunities and bank debt in the Chilean corporate sector. Using generalized method of moments (GMM) system estimator techniques in ...
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Araya Sepúlveda, Felipe; Jara Bertín, Mauricio; Maquieira Villanueva, Carlos; San Martín Mosqueira, Pablo (Fondo de Cultura Económica, 2015)This paper studies the influence of the AFPs, as major institutional investor, on the capital structure decision of the Chilean firm. These investors may influence the capital structure decision, through different avenues; ...
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Cid Aranda, Carlos; Jara Bertín, Mauricio; Maquieira Villanueva, Carlos; San Martín Mosqueira, Pablo (Fondo de Cultura Económica, 2017)Background: The use of derivative instruments, as corporate policy to hedge financial risks has a positive impact on the firm value. However, in countries characterized by weak legal protection of the investors' rights and ...
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Espinosa Méndez, Christian; Araya Castillo, Luis; Jara Bertín, Mauricio; Gorigoitía, Juan (Routledge, 2020)This research analyzes the impact of international diversification on the performance of Chilean exporting firms. Considering a sample of 47 companies listed on the Santiago Stock Exchange during the period 2003–2013, ...
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Jara Bertín, Mauricio; López Iturriaga, Félix; Espinosa, Christian (Emerald, 2015)Purpose - The purpose of this paper is to analyze the effect of the corporate ownership diversification, i.e. how the involvement in the ownership of other non-financial firms affects the value of listed firms. The authors ...
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Valenzuela Fernández, Leslier; Jara Bertín, Mauricio; Villegas Pineaur, Francisco (Fundacao Getulio Vargas, 2015)Este trabajo analiza si la adopción de estrategias de divulgación de información voluntaria de prácticas de Responsabilidad Social Empresarial (RSE) a través de distintos medios de comunicación tiene incidencia sobre el ...
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Espinosa Méndez, Christian; Jara Bertín, Mauricio; Maquieira, Carlos (Elsevier, 2018)In this paper we analyse the moderating effects of family nature and pyramidal ownership on the relationship between corporate diversification and performance in Chilean companies. Using a sample of 104 companies listed ...