Sustainability and corporate governance in mexican beef production
Description
Sustainability is a topic that has experienced a growing interest in recent years. In order to achieve the fundamental purpose of sustainability, the corporate governance model has been an evolving subject in recent years, cattle ranchers have faced several problems, such as the difficulty of marketing with intermediaries. In response, this quantitative study has been carried out in order to identify a possible relationship between sustainability and corporate governance, through the testing of six hypotheses. The findings show a positive correlation between corporate governance mechanisms (formal and efficiency) and sustainability dimensions (economic, social, and environmental). This provides further evidence of the complexity of sustainability and corporate governance issues.
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Steps to reproduce
The questionnaires included the sustainability dimensions: economic, social, and environmental; also, the governance and its mechanisms: formal and efficient. The instrument contained a list of statements that were scored using a five-point Likert scale as follows: 1 (never); 2 (most of the time no); 3 (sometimes yes, sometimes no); 4 (most of the time yes); and 5 (always). Additionally, the options included 1 (strongly disagree), 2 (disagree), 3 (neither), 4 (agree) and 5 (strongly agree). The instrument used was developed based on a review of the literature considering experts in the topics of sustainability and corporate governance. To develop the concept of and questions regarding the three dimensions of sustainability, the work of several authors was consulted (Azapagic, 2003; Cetinkaya, Cuthbertson, Ewer, Klaas-Wissing, Piotrowicz, & Tyssen 2011; Closs, Speier, & Meacham, 2011. To develop the questions regarding corporate governance, the research from other authors were consulted (Formentini & Taticchi, 2015; Li et al., 2014).
Institutions
- Sonora Institute of TechnologySonora, Ciudad Obregón