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Article
Publication date: 18 October 2023

Alan Bandeira Pinheiro, Joina Ijuniclair Arruda Silva dos Santos, Danielle Mantovani Lucena da Silva, Andréa Paula Segatto and Jose Carlos Korelo

This study aims to examine the effect of corporate governance mechanisms on social responsibility in Latin America.

Abstract

Purpose

This study aims to examine the effect of corporate governance mechanisms on social responsibility in Latin America.

Design/methodology/approach

The hypotheses were tested using a sample of 371 companies based in eight Latin American countries, resulting in 4,823 observations.

Findings

The results show that more independent boards, with greater female representation and the presence of a sustainability committee lead companies to behave more ethically. The findings indicate that corporate governance mechanisms play an important role for companies to engage in social responsibility actions.

Practical implications

Governments can use these findings to draft regulations that encourage Latin American companies to disclose more non-financial information and to support a more diverse board composition. The evidence shows that the quality of national governance plays a key role in times of crisis by encouraging more responsible behavior by companies.

Originality/value

This study broadens the scope of application of agency theory and the resource-based view by demonstrating that the board of directors is a unique composition and that organizations must understand how to balance external and internal members on their boards in order to achieve higher social and environmental performance.

Propósito

Este estudio tiene como objetivo examinar el efecto de los mecanismos de gobierno corporativo en la responsabilidad social en América Latina.

Diseño/metodología/enfoque

Las hipótesis se probaron utilizando una muestra de 371 empresas con sede en 8 países de América Latina, lo que resultó en 4.823 observaciones.

Hallazgos

Los resultados muestran que directorios más independientes, con mayor representación femenina y la presencia de un comité de sustentabilidad llevan a las empresas a comportarse de manera más ética. Los hallazgos indican que los mecanismos de gobierno corporativo juegan un papel importante para que las empresas realicen acciones de responsabilidad social.

Originalidad

Este estudio amplía el alcance de la aplicación de la teoría de la agencia y la visión basada en los recursos al demostrar que la junta directiva es una composición única y que las organizaciones deben entender cómo equilibrar los miembros externos e internos en sus juntas para lograr un mayor impacto social. y desempeño ambiental.

Implicaciones prácticas

Los gobiernos pueden usar estos hallazgos para redactar regulaciones que alienten a las empresas latinoamericanas a divulgar más información no financiera y apoyar una composición de directorio más diversa. Nuestra evidencia muestra que la calidad de la gobernanza nacional juega un papel clave en tiempos de crisis al fomentar un comportamiento más responsable por parte de las empresas.

Article
Publication date: 12 April 2022

Clarissa Dourado Freire, Mário Sacomano Neto, Herick Fernando Moralles and Luiz Guilherme Rodrigues Antunes

This paper aims to analyze the influence of technology-based business incubators (TBIs) on the resources of technology startups in Brazil. The authors identify which resources are…

Abstract

Purpose

This paper aims to analyze the influence of technology-based business incubators (TBIs) on the resources of technology startups in Brazil. The authors identify which resources are offered and explore the importance of resources for TBIs and startups. The theoretical background is based on the resource-based view, the resource dependency theory and total factor productivity.

Design/methodology/approach

The study is characterized by a descriptive approach. The method includes a multiple case study and a survey. For data collection, we conducted interviews with three managers from TBIs and distributed questionnaires to 30 startup founders. The content analysis supports the identification of the resources, while the quantitative approach explores the relationship between total factor productivity and resources.

Findings

Resources are the linkage between startups and TBIs, promoting the development and continuity of these organizations. Among the resources offered by TBIs, the most representative is physical resources, due to the early stage of startups. TBIs do not offer financial resources directly but facilitate access through networks with other actors.

Research limitations/implications

The research implications depict the importance of resources as a link between TBIs and startups. The results highlight how TBIs play an important role in promoting entrepreneurship and innovation in the context of emerging economies such as Brazil.

Originality/value

This article performs a multi-theoretical analysis, addressing the perspectives concerning resources. No previous study has used this combination of perspectives to analyze the relationship between TBIs and startups in Brazil, filling the gap about this subject in emerging economies.

Details

International Journal of Emerging Markets, vol. 18 no. 12
Type: Research Article
ISSN: 1746-8809

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