Fernando Tejerina Gaite- PhD
- Associate Professor at University of Valladolid
Fernando Tejerina Gaite
- PhD
- Associate Professor at University of Valladolid
About
28
Publications
20,876
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Introduction
Fernando A. Tejerina Gaite, Ph.D., is an Associate Professor of Financial Economics at University of Valladolid (Spain). He has been Researcher Visiting Fellow at Leeds University Business School (UK), among others. His research is related to Corporate Governance, International Business and Family Firms. He has published several books, books chapters and papers in international journals. He is Corresponding Editor of The Review of Business (St. John’s University, NY, EEUU).
Current institution
Additional affiliations
November 1994 - present
Position
- Professor (Associate)
Description
- Fernando A. Tejerina Gaite, Ph.D., is an Associate Professor of Financial Economics at University of Valladolid (Spain). His research is related to Corporate Governance, International Business and Family Firms.
Publications
Publications (28)
This research paper explores the impact of board diversity on firm performance, with a particular focus on different types of board members. The study examines gender, age, tenure, education,
and nationality diversity among board members for their effects on firm performance. Using a multi-country dataset and various performance proxies, the paper...
Artificial intelligence methods based on deep learning (DL) have recently made significant progress in many different areas including free text classification and sentiment analysis. We believe that corporate governance is one of these areas, where DL can generate very valuable and differential knowledge, for example, by analyzing the biographies o...
El sector vinícola ha ido adquiriendo una creciente importancia en las últimas décadas, tanto en nuestro país, como, en particular, en Castilla y León. No solo por la cuantía y calidad de la producción, sino también por su proyección internacional, además de su repercusión en ámbitos como el cultural, turístico y medioambiental. El presente trabajo...
Higher education institutions have in the digital transformation an opportunity to facilitate access to education for individuals of different social backgrounds. At the same time, it will provide them with the necessary tools and skills to face current global problems (poverty, health quality, income disparities, environmental crises, among others...
This paper presents a Deep Learning (DL) model for natural language processing of unstructured CVs to
generate a six-dimensional profile of the professional experience of the Spanish companies' board of directors.
We show the complete process starting with open data extraction and cleaning, the generation of a labeled
dataset for supervised learnin...
This paper examines how company board characteristics (directors’ quoted boards to date, quoted boards currently, board tenure and age) influence firm performance in a sample of Spanish listed companies for the period 2005–2015. Among the main contributions of the paper are that it analyses the boards of companies operating under a Continental, as...
This paper aims to identify potential explanatory variables of the entrepreneurial orientation and innovation capacity (EO-IC) of family enterprises (FEs) through a comparative study of family businesses in Spain and Latin America. The innovation literature reports a paradigm shift whereby the dynamic boost provided by corporate governance and prod...
Purpose
The purpose of this paper is to investigate the effect of board diversity on firm performance.
Design/methodology/approach
From different theories perspective and based on data collected about the composition of board of directors in Spanish non-financial firms, the paper determines statistically the relationship between board diversity an...
We examine whether the behavior of institutional investors representatives on boards leads to observable differences in corporate finance. We find that directors representing pressure-sensitive investors (i.e., banks and insurance companies) prefer lower financial leverage whereas pressure-resistant directors (i.e., mutual funds and pension funds)...
We investigate the predictive factors of firm innovation capacity (FIC), proxied by intangible assets, as a means towards sustainable competitive advantage in a world of global change and innovation. The primary aim of this paper is to identify the key factors shaping a firm's innovation capacity management style. We use panel data for 1,942 firms...
Although the role of institutional investors as shareholders has been widely studied, the literature provides little evidence on the role of institutional investors as directors. Therefore, this article analyzes the influence of directors who represent institutional investors in three aspects of board compensation policies: level of compensation, c...
In this paper we examine whether the presence of institutional investors representatives on boards leads to observable differences in corporate finance. We use a panel of 162 quoted Spanish nonfinancial firms from 2004 to 2010. We find that institutional directors have diverse incentives to engage in the corporate governance. Specifically, we find...
This study examines the financing choices of family firms in relation to leverage and economic value creation, taking into account the family firm life cycle. Firm ownership, control and the generation that is managing the family firm are other attributes of these firms. Additional factors, such as the exploitation of intangible assets (innovation...
We present the internationalization of the family firm (FF) as a corporate growth strategy that is sometimes necessary to ensure survival. The different generations running the family firm (GFF) are likely to be constrained, not only by the demands of the business itself, but also by activism from non-management family shareholders. In this paper,...
This paper examines (a) the relation between the institutional framework of a firm's home country and the firm's development of its internal and external competitive advantages, and (b) whether--and if so, how--a firm's preference for, or dependency on, either internal or external capabilities affects the relation between international diversificat...
This paper deals with one of the most interesting topics related to corporate governance: the role of the banks in the governance of nonfinancial firms and its consequences on the value creation process. We explore the impact of bank participation in shareholding, board of directors, and financing on the governance of nonfinancial listed Spanish fi...
A vast and often confusing economics literature relates competition to investment in innovation. Following Joseph Schumpeter, one view is that monopoly and large scale promote investment in research and development by allowing a firm to capture a larger fraction of its benefits and by providing a more stable platform for a firm to invest in R&D. Ot...
Using data from 34 countries, this paper examines how each country's financial system and cultural ideology interact with globalization to impact the capability of firms to exploit external (i.e., capital and labor) and internal (i.e., research and development and intangible capital) advantages. Our results show that more culturally developed count...
En este artículo se contrasta la sensibilidad de las exportaciones respecto a los cambios en los costes laborales unitarios relativos, qué factores condicionan el grado de sensibilidad y si dicha sensibilidad presenta el mismo significado o perfil en las pequeñas y medianas empresas que en las grandes, a lo largo del período 1990-2001. A este respe...
Compared to the Anglo-Saxon framework on which most of the financial research has focused, in many European corporate systems such as Spain, banks and other financial intermediaries are more important than capital markets. In addition to lending, banks usually own significant proportions of shares and sit at the board of directors. Our results for...
Intangible assets and research and development (R&D) expenditure are essential instruments in a firm's competitive productivity and profitability strategy. The relationship between productivity, tangible and intangible investments, and R&D expenditure has given rise to much analysis concerning the importance of the role played by intangible investm...
The endogenous and exogenous competitive advantages of firms across different phases of foreign direct investment depend on the resources used by industries for their financial development and growth. These advantages, as well as the influence of internal owners, facilitate the access of firms to foreign financial markets. This study attempts to cl...
This study develops a systematic analysis of the concentration and inequality levels of 20 Spanish industries over the period 1990-2001. The methodology traced is based on the use of indices both for evaluating the inequality (Gini,MRD&Coefficient of Variation), and for studying the concentration (Herfindahl-Hirchman, Theil & Hannah-Kay). This arti...
La creciente globalización de la economía, y los consiguientes retos de competitividad y eficiencia que representa para las empresas, han puesto de relieve la importancia de las adquisiciones internacionales como estrategia de crecimiento. El objeto de este artículo es delimitar las características que, en cada sector industrial, han sido determina...
Trabajo de investigación donde se analiza la relación entre el uso, diversificación e innovación tecnológica con el desarrollo económico regional de Castilla y León, España; para ello, los autores revisan asuntos de globalización, el papel de la universidad en el desarrollo tecnológico, el fenómeno de los parques tecnológicos, el sistema de innovac...
