Portuguese Economy Research Report

Rui Albuquerque

Principal curator

This page is curated by Professor Rui Albuquerque, who is affiliated with Boston College, the European Corporate Governance Institute, and the Centre for Economic Policy Research. His main research interests are in asset pricing, corporate governance, and corporate social responsibility.

Personal website

Domingos Seward

Co-curator

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About this blog

This forum is dedicated to research on the Portuguese Economy. All scientific research on the Portuguese economy is welcome, namely research produced in the context of Master’s dissertations, PhD theses, or that circulates as working papers, as well as published work (articles, chapters, and books).

Viewing 2 posts categorized under Corporate Social Responsibility

Narcissistic corporate managers do not share!

June 26, 2022

Stakeholder theory implies that firms’ economic and social purpose is to create value for all their stakeholders, without favoring any group. However, the distribution of the value created is a matter of choice for each firm and may reflect top managers’ values and characteristics. This paper examines whether the narcissistic characteristic of top managers impacts the distribution of value added. Using a sample of 489 top managers (368 males and 121 females) of Portuguese firms, this study shows that narcissism does not impact overall value added.

Corporate governance and financial policies of Portuguese family firms

September 17, 2020

Many businesses in the global economy are family firms. How do family firms differ from non-family firms with regards to corporate governance and financial policies? Current literature on the issue of corporate governance and financial development provides evidence that family firms adopt different financial practices from their non-family counterparts. Private family firms are at an advantage in terms of management experience and governance and a disadvantage when it comes to obtaining long-term debt and external equity.