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 C22, durante el periodo 2018-2024

Abstract

Abstract: The objective of this research was to determine the impact of female participation in corporate governance structures and leadership roles on dividend policies, as well as its relationship with financial solvency and stock performance in the ISIC C22 sector during the 2018 2024 period. A quantitative approach with a non-experimental design and correlational scope was employed. The sample consisted of 140 firm-year observations, with data collected from the Superintendence of Companies, Securities, and Insurance. The analysis utilized descriptive statistics, frequency analysis, the Student's t-test, and the Pearson correlation coefficient. The results showed that female shareholding is associated with an increase in the dividend payout ratio, although the impact is minor. Furthermore, no significant relationship was found between female participation variables and indicators of profitability or financial solvency. Additionally, there is limited female participation in senior management positions and company ownership. It is concluded that female participation can foster dividend distribution and strengthen gender equity.