Current Issue
With this issue, the Journal of Globalization, Competitiveness and Governability continues its journey, faithfully fulfilling its periodicity for our readers and adhering to internationally accepted quality criteria, audited by various institutions. GCG is currently indexed in: SCOPUS (Elsevier Bibliographic Databases. Scimago Journal Rank), in the categories Business, Management and Accounting, and Economics, Econometrics and Finance; EconLit (American Economic Association’s electronic bibliography); EBSCO Publishing’s databases (Business Source Complete; Business Source Premier; Business Source Elite; Fuente Académica Premier; Fuente Académica Plus); ABI/INFORM (ProQuest); LATINDEX; REDALYC; and Google Scholar Metrics.
The first article analyzes the level of compliance with corporate governance practices related to risk management and financial performance, using Data Science techniques (Machine Learning) in Chilean companies. The methodology employed encompasses the phases of the knowledge discovery process in databases. Joseline J. Sepúlveda-Araya, Valeria A. Orostiga-Lazo, Armin Herrera, Cristian A. Martinez, and Ricardo J. Barrientos (Universidad Católica del Maule, Chile) developed models based on supervised and unsupervised learning, which allowed them to characterize and then predict, with a high level of accuracy, the degree of compliance with such practices. They also identify a cluster of companies with different characteristics regarding compliance levels and financial performance.
Financial literacy has been increasingly incorporated into educational systems due to the benefits it offers economies in terms of creating virtuous entrepreneurial initiatives. However, gender gaps are evident among potential entrepreneurs. For this reason, Guillermo Andrés Zapata-Huamaní and Stephany Ximena Vilca-Rugel (Universidad del Pacífico, Peru) analyze the role of financial literacy in the relationship between gender and entrepreneurial intention. The results show that men who consider themselves to have a sufficient level of financial literacy, or who plan to increase it, exhibit higher levels of innovative-entrepreneurial intention. Furthermore, the association between financial literacy and well-being, as well as the perception of having received an adequate level of financial literacy, shows exclusive effects among women.
The study of diversity in corporate leadership has gained increasing relevance due to its potential implications for firms’ financial performance. For this reason, Pablo San Martín (Universidad Católica de la Santísima Concepción, Chile), Susana Sabaletta-Farías, Guipsy Rebolledo-Aburto (Universidad Adventista de Chile), Pedro Severino-González (Universidad Católica del Maule, Chile), and Felipe Irribarra (Universidad Católica de la Santísima Concepción, Chile) analyze the relationship between gender diversity and equity in relation to the financial performance of non-financial companies in Chile. Descriptive statistics, measures of central tendency, correlations, and panel data regressions were applied to a sample of 100 companies. The authors conclude that gender itself has no influence on financial performance, but equity and women’s presence on boards negatively affect firms’ financial results.
In the following article, Elcídio Henriques Quiraque, Allison Manoel de Sousa, and Romualdo Douglas Colauto (Federal University of Paraná, Brazil) analyze the influence of profitability on the capital structure of Brazilian firms with and without family management. The sample consisted of 191 companies between 2011 and 2024, analyzed using the system generalized method of moments (GMM). The results indicate that Brazilian companies tend to reduce their leverage levels as profitability increases. However, the findings also suggest that family management does not intensify this relationship. This study contributes to the literature by showing that higher profitability encourages managers to reduce debt, regardless of whether the company is family-managed or not.
Fábio Luciano Violin and Rafael Henrique Teixeira da Silva (Universidade Estadual Paulista “Júlio de Mesquita Filho,” Brazil) investigate female consumer behavior related to ride-hailing in Brazil. The data analysis was carried out using exploratory and confirmatory factor analysis, supported by a path diagram. The findings reveal that the use of these services is utilitarian in nature, driven by technological facilitation over social or environmental considerations, along with variables associated with self-preservation. The results advance the understanding of women’s consumer behavior by revealing the interchangeable nature of these variables, i.e., users adjust their value perception depending on indicators, schedules, and usage patterns. This also points to the practical contribution of the study by identifying parameters to guide decision-making by service providers.
In the final article, Lisbeth Naysha Janampa Arotoma, Fiorella Esther Quispe Meza, Mishell Miyushi Ticllasuca Canez, and María Ximena Román-Pastor (Universidad Continental, Peru) seek to determine the factors influencing Peruvian blueberry exports between 2017 and 2024. To this end, a basic, quantitative, correlational, longitudinal, non-experimental analysis was conducted. The authors conclude that the determining factors in Peruvian FOB blueberry exports are the exchange rate, inflation, and production seasonality. They identify that the FOB export price of blueberries does not have a statistically significant effect on export volume.
Once again, we would like to thank everyone who makes the successful operation of the journal possible: members of the Advisory Board, Editorial Board, Editors, and Associate Area Editors, reviewers, authors, and especially our readers.
Editor in Chief