IDEAS home Printed from https://ideas.repec.org/a/fgv/eaerae/v57y2017i5a71811.html
   My bibliography  Save this article

Papel do conselho de Administração na ética empresarial em países da América Latina

Author

Listed:
  • Haro-de-Rosario, Arturo
  • Gálvez-Rodríguez, María del Mar
  • Sáez-Martín, Alejandro
  • Caba-Pérez, Carmen

Abstract

In the present paper, we analyze the ethical values promoted in the codes of ethics of Latin American organizations, and the influence of the composition of the Board of Directors (BD) in this regard is identified. In particular, the presence of gender diversity, independent directors and foreign directors in the BD. The study was conducted on the 100 largest listed companies in Latin America. The results indicate that the companies studied elaborate codes of conduct with ethical values that enhance the relationships with their stakeholders. However, prevailing the establishment of values that protect the organization from the employee, and the imposition of sanctions. On the other hand, the regression analysis indicates a positive and significant influence of women and independent directors of the BD in the content of codes of ethics however, the effect of foreign directors in this respect is negative. The research findings allow advance the sparse literature on business ethics in the Latin American context.

Suggested Citation

  • Haro-de-Rosario, Arturo & Gálvez-Rodríguez, María del Mar & Sáez-Martín, Alejandro & Caba-Pérez, Carmen, 2017. "Papel do conselho de Administração na ética empresarial em países da América Latina," RAE - Revista de Administração de Empresas, FGV-EAESP Escola de Administração de Empresas de São Paulo (Brazil), vol. 57(5), October.
    • Handle: RePEc:fgv:eaerae:v:57:y:2017:i:5:a:71811
    as

    Download full text from publisher

    File URL: http://bibliotecadigital.fgv.br/ojs/index.php/rae/article/view/71811
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Pascual Berrone & Jordi Surroca & Josep Tribó, 2007. "Corporate Ethical Identity as a Determinant of Firm Performance: A Test of the Mediating Role of Stakeholder Satisfaction," Journal of Business Ethics, Springer, vol. 76(1), pages 35-53, November.
    2. Yuri Gorbaneff & Elsa Margarita Uribe & Guillermo Hoyos, 2012. "Los códigos de conducta de las empresas petroleras en Colombia: Una caracterización," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 14(27), pages 193-205, July-Dece.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Silvija Vig & Ksenija Dumicic, 2016. "Impact of commitment to business ethics to nonfinancial business performance," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 14(2), pages 165-181.
    2. Rizwan Raheem Ahmed & Jolita Vveinhardt & Dalia Streimikiene, 2017. "Exploring Multidimensional View of Intellectual Capital and Business Ethics on Organizational Performance by Using Bootstrapping Method: Evidence from Pakistani Pharmaceutical Industry," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 13(1), pages 7-33.
    3. Iqbal Robbie & Kenny Roz, 2021. "The relationship of workplace spirituality, organizational commitment on employees performance, and job satisfaction as moderating variable," Technium Social Sciences Journal, Technium Science, vol. 21(1), pages 611-619, July.
    4. Luis Fonseca & Vitor Silva & José Carlos Sá & Vanda Lima & Gilberto Santos & Rui Silva, 2022. "B Corp versus ISO 9001 and 14001 certifications: Aligned, or alternative paths, towards sustainable development?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(3), pages 496-508, May.
    5. S. Hansen & Benjamin Dunford & Alan Boss & R. Boss & Ingo Angermeier, 2011. "Corporate Social Responsibility and the Benefits of Employee Trust: A Cross-Disciplinary Perspective," Journal of Business Ethics, Springer, vol. 102(1), pages 29-45, August.
    6. Eleanor O’Higgins, 2010. "Corporations, Civil Society, and Stakeholders: An Organizational Conceptualization," Journal of Business Ethics, Springer, vol. 94(2), pages 157-176, June.
    7. Hwan-Yann Su, 2014. "Business Ethics and the Development of Intellectual Capital," Journal of Business Ethics, Springer, vol. 119(1), pages 87-98, January.
    8. M. Isabel Sánchez-Hernández & Tomás M. Bañegil-Palacios & Ramón Sanguino-Galván, 2017. "Competitive Success in Responsible Regional Ecosystems: An Empirical Approach in Spain Focused on the Firms’ Relationship with Stakeholders," Sustainability, MDPI, vol. 9(3), pages 1-18, March.
    9. María del Mar Miras‐Rodríguez & Amalia Carrasco‐Gallego & Bernabé Escobar‐Pérez, 2015. "Are Socially Responsible Behaviors Paid Off Equally? A Cross‐cultural Analysis," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 22(4), pages 237-256, July.
    10. Sebastian Goebel & Barbara E. Weißenberger, 2017. "The Relationship Between Informal Controls, Ethical Work Climates, and Organizational Performance," Journal of Business Ethics, Springer, vol. 141(3), pages 505-528, March.
    11. Stacy H. Lee & Jung Ha-Brookshire, 2017. "Ethical Climate and Job Attitude in Fashion Retail Employees’ Turnover Intention, and Perceived Organizational Sustainability Performance: A Cross-Sectional Study," Sustainability, MDPI, vol. 9(3), pages 1-19, March.
    12. Walid Ben‐Amar & Claude Francoeur & Sylvain Marsat & Aida Sijamic Wahid, 2021. "How do firms achieve corporate social performance? An integrated perspective," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(3), pages 1078-1090, May.
    13. Abdulhamid Ali Abukil & Imam Ghozali & Puji Harto, 2016. "The Effect of Corporate Social Responsibility Reporting on Financial Performance in Libya and Jordan," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 113-122.
    14. KONISHI, Masaru & 小西, 大 & SAITO, Junyu, 2023. "Do firms consider stakeholder interests as a means to create shareholder value or as the ultimate goal? Evidence from Japanese dividend policies," Working Paper Series G-1-27, Hitotsubashi University Center for Financial Research.
    15. Gusti O. Widana & Sudarso K. Wirjono & Mustika S. Purwanegara & Mohamad Toha, 2015. "The Role of Business Ethics in the Relationship between Market Orientation and Business performance," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 4(1), pages 95-111, January.
    16. Wang, Xiaolin & Ye, Yingying, 2024. "Government-initiated corporate social responsibility and performance growth—Evidence from enterprise engagement in targeted poverty alleviation in China," Pacific-Basin Finance Journal, Elsevier, vol. 84(C).
    17. Titus Musyoka Kilonzi & Rukia Atikiya & Wallace N. Atambo, 2023. "Managerial Roles as a Strategy Implementation Driver and Performance of the National Government Departments in Kenya," International Journal of Business and Management, Canadian Center of Science and Education, vol. 18(2), pages 1-39, June.
    18. Luis Enrique Valdez-Juárez & Dolores Gallardo-Vázquez & Elva Alicia Ramos-Escobar, 2019. "Organizational Learning and Corporate Social Responsibility Drivers of Performance in SMEs in Northwestern Mexico," Sustainability, MDPI, vol. 11(20), pages 1-23, October.
    19. Yongqiang Gao & Jian Wu & Taïeb Hafsi, 2017. "The Inverted U‐Shaped Relationship between Corporate Philanthropy and Spending on Research and Development: A Case of Complementarity and Competition Moderated by Firm Size and Visibility," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 24(6), pages 465-477, November.
    20. Ala'aldin Alrowwad & Bader Yousef Obeidat & Ali Tarhini & Noor Aqqad, 2017. "The Impact of Transformational Leadership on Organizational Performance via the Mediating Role of Corporate Social Responsibility: A Structural Equation Modeling Approach," International Business Research, Canadian Center of Science and Education, vol. 10(1), pages 199-221, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fgv:eaerae:v:57:y:2017:i:5:a:71811. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Núcleo de Computação da FGV EPGE (email available below). General contact details of provider: https://edirc.repec.org/data/eagvfbr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.