Incorporación de la perspectiva de género en las políticas de dividendos: implicaciones sobre la solvencia financiera y el rendimiento accionario de las empresas ecuatorianas del sector CIIU F41, durante el periodo 2018-2024.

Abstract

Abstract: This study analyzed the incorporation of a gender perspective into corporate governance structures and its relationship with dividend policy, financial performance, and solvency in Ecuadorian companies in ISIC sector F41 during the period 2018 2024. The study constitutes a scientific contribution by generating empirical evidence in a sector that has been little explored in Ecuador with regard to gender and corporate financial decisions. A quantitative approach was employed, with descriptive, correlational, and explanatory scope, using a non-experimental longitudinal design. The sample consisted of 40 companies and 280 observations, using financial information from the Superintendency of Companies, Securities, and Insurance of Ecuador. The results revealed low female representation in senior management positions and limited dividend distribution, characterized by a low propensity to pay dividends and high variability. Through correlation analysis and panel data regression models, it was determined that the gender perspective does not have statistically significant effects on dividend policy, financial performance (ROE and ROA), or solvency. However, firm size showed a negative relationship with solvency.