Impact of Environmental and Social Factors on Value Creation: Evidence from mila Companies

Incidencia de factores ambientales y sociales en la generación de valor: Evidencia desde las empresas MILA;
Incidência de fatores ambientais e sociais na geração de valor: Evidência a partir das empresas do Mila

dc.creatorJaramillo Arango, Mateo
dc.creatorRíos Restrepo, Wilmar Alexander
dc.creatorCorrea-Mejía, Diego Andrés
dc.date2020-12-22
dc.date.accessioned2022-12-15T18:20:19Z
dc.date.available2022-12-15T18:20:19Z
dc.identifierhttps://revistas.unimilitar.edu.co/index.php/rfce/article/view/4033
dc.identifier10.18359/rfce.4033
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/5356538
dc.descriptionManaging non-financial variables for value creation is a current practice increasingly adopted by organizations. Therefore, this research paper aims to identify the effect of environmental and social variables on business value creation in companies in emerging economies. The method for validating the primary objective is panel data using two models whose dependent variables are Tobin’s q and the price-to-sales ratio as a reference to measure value creation. Forty-two companies from the member countries of the Latin American Integrated Market (MILA, for its acronym in Spanish) during 2013–2017 were considered. The analysis revealed that greenhouse gas management and women’s inclusion in organization decision-making positively affect companies’ value creation.en-US
dc.descriptionLa gestión de variables de carácter no financiero para la generación de valor es una práctica actual con cada vez más acogida en las organizaciones. Por esta razón, el presente trabajo de investigación pretende identificar el efecto de las variables ambientales y sociales que inciden en la generación del valor empresarial en compañías que pertenecen a economías emergentes. La metodología para validar el objetivo principal se centra en la utilización de un modelo de datos de panel, utilizando dos modelos cuyas variables dependientes son la q de Tobin y el múltiplo de ventas o price sales ratio como referencia para medir la generación de valor. En el desarrollo de esta investigación se consideraron 42 empresas de los países integrantes del Mercado Integrado Latinoamericano (MILA) durante el periodo 2013-2017. El análisis realizado permitió concluir que la gestión de gases de efecto invernadero y la inclusión de la mujer en la toma de decisiones de la organización tienen un efecto positivo en la generación de valor de las organizaciones.es-ES
dc.descriptionA gestão de variáveis de caráter não financeiro para gerar valor é uma prática atual cada vez mais bem recebida nas organizações. Por essa razão, este trabalho de pesquisa pretende identificar o efeito das variáveis ambientais e sociais na geração do valor empresarial em companhias que pertencem a economias emergentes. A metodologia para validar o objetivo principal se foca na utilização de um modelo de dados de painel, com a utilização de dois modelos cujas variáveis dependentes são a q de Tobin e o múltiplo de vendas ou price sales ratio como referência para medir a geração de valor. No desenvolvimento desta pesquisa, são consideradas 42 empresas dos países integrantes do Mercado Integrado Latino-Americano (MILA) entre 2013 e 2017. A análise realizada permitiu concluir que a gestão de gases de efeito estufa e a inclusão da mulher na tomada de decisões da organização têm um impacto positivo na geração de valor das organizações.pt-BR
dc.formatapplication/pdf
dc.formattext/xml
dc.languagespa
dc.publisherUniversidad Militar Nueva Granadaes-ES
dc.relationhttps://revistas.unimilitar.edu.co/index.php/rfce/article/view/4033/4492
dc.relationhttps://revistas.unimilitar.edu.co/index.php/rfce/article/view/4033/4548
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dc.rightsDerechos de autor 2020 Revista Facultad de Ciencias Económicases-ES
dc.rightshttp://creativecommons.org/licenses/by-nc-nd/4.0es-ES
dc.sourceRevista Facultad de Ciencias Económicas; Vol. 28 No. 2 (2020); 49-65en-US
dc.sourceRevista Facultad de Ciencias Económicas; Vol. 28 Núm. 2 (2020); 49-65es-ES
dc.sourceRevista Facultad de Ciencias Económicas; v. 28 n. 2 (2020); 49-65pt-BR
dc.source1909-7719
dc.source0121-6805
dc.titleImpact of Environmental and Social Factors on Value Creation: Evidence from mila Companiesen-US
dc.titleIncidencia de factores ambientales y sociales en la generación de valor: Evidencia desde las empresas MILAes-ES
dc.titleIncidência de fatores ambientais e sociais na geração de valor: Evidência a partir das empresas do Milapt-BR
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion


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