Ruth Mateos de Cabo | Universidad San Pablo CEU (original) (raw)
Papers by Ruth Mateos de Cabo
Corporate governance, Feb 6, 2024
Documentos de trabajo de la Facultad de Ciencias Económicas y Empresariales, 2003
En el presente trabajo se analizan las consecuencias que tiene para la predicción de datos de coy... more En el presente trabajo se analizan las consecuencias que tiene para la predicción de datos de coyuntura española, en concreto para las importaciones nominales de bienes intermedios, la detección de indicios de comportamiento caótico. Para esta detección se ha utilizado una estimación de un modelo tipo umbral autorregresivo (TAR) y se ha representado gráficamente su diagrama de bifurcación. En concreto, se analizan las diferencias cuando el modelo presenta dinámica caótica y cuando no las presenta tanto en la estimación de los parámetros como en los errores de predicción.
Social Science Research Network, 2015
Corporate Governance: An International Review, Dec 31, 2010
HAL is a multidisciplinary open access archive for the deposit and dissemination of scientific re... more HAL is a multidisciplinary open access archive for the deposit and dissemination of scientific research documents, whether they are published or not. The documents may come from teaching and research institutions in France or abroad, or from public or private research centers. L'archive ouverte pluridisciplinaire HAL, est destinée au dépôt et à la diffusion de documents scientifiques de niveau recherche, publiés ou non, émanant des établissements d'enseignement et de recherche français ou étrangers, des laboratoires publics ou privés.
Proceedings - Academy of Management, Aug 1, 2023
Femeris, Jul 31, 2017
Mujeres y liderazgo empresarial: explorando la brecha de género en la cima States of the 28 EU co... more Mujeres y liderazgo empresarial: explorando la brecha de género en la cima States of the 28 EU countries and offering a series of suggestions to progress women presence on corporate boards.
Social Science Research Network, 2020
Women are underrepresented in STEM (science, technology, engineering, and mathematics) careers, a... more Women are underrepresented in STEM (science, technology, engineering, and mathematics) careers, and this poses new challenges at the dawn of the era of digital transformation. The goal of the present study is to demonstrate how female role models influence girls' preferences for STEM studies. This paper evaluates a role-model intervention in which female volunteers working in STEM go into schools to talk to girls about their careers. The study was conducted with 304 girls, from 12 years old (sixth primary grade) to 16 years old (fourth secondary grade), both before and after the role-model sessions. An adaptation of the expectancy-value theory of achievement motivation is used to test the extent to which this role-model intervention improves girls' beliefs that they can be successful in STEM fields and increases their likelihood of choosing a STEM career. The results of multigroup structural equation modeling analysis show that on average, the role-model intervention has a positive and significant effect on mathematics enjoyment, importance attached to math, expectations of success in math, and girls' aspirations in STEM, and a negative effect on gender stereotypes. Additionally, the female role-model sessions significantly increase the positive impact of expectations of success on STEM choices. Finally, the moderation role of the counterstereotypical content of the role-model sessions is tested. The results show that the higher the counterstereotypical character of the sessions, the higher the relationship between expectations of success in math and the choice of STEM. These results are discussed regarding their implications for long-term STEM engagement.
Información del artículo Caracterización del gasto regional de los hogares en educación superior ... more Información del artículo Caracterización del gasto regional de los hogares en educación superior a través de los microdatos de la encuesta de presupuestos familiares.
Academy of Management Proceedings
Journal of Corporate Finance, Dec 1, 2021
We use a sample of over 80,000 Spanish companies started by a sole entrepreneur between 2004 and ... more We use a sample of over 80,000 Spanish companies started by a sole entrepreneur between 2004 and 2014, and distinguish between male and female entrepreneurs demand for credit, credit approval ratio, and credit performance. We find that female entrepreneurs who start a business are less likely to ask for a loan. Of the female entrepreneurs requesting a credit, the probability of obtaining one in the founding year is significantly lower than their male peers in the same industry. This lower credit access disappears over the subsequent years, once the company has a track record of profits and losses. We also observe that women-led companies that receive a loan in the founding year are less likely to default as compared to men-led companies. This superior performance disappears for subsequent years, coinciding with the disappearance of the lower credit access. Taking all these results together, we rule out both taste-based discrimination and statistical discrimination in the credit industry, and point to the possible presence of double standards which might be a consequence of implicit (unconscious) discrimination.
PLOS ONE
Network diffusion processes or how information spreads through networks have been widely examined... more Network diffusion processes or how information spreads through networks have been widely examined in numerous disciplines such as epidemiology, physics, sociology, politics, or computer science. In this paper, we extend previous developments by considering a generalization of the diffusion by considering the possibility of differences in the speed of diffusion and reduction depending on the forces’ directions. In this situation, the differential speed of diffusion produces deviations from the standard solution around the average of the initial conditions in the network. In fact, this asymmetry gives rise to non-linear dynamics in which, contrary to the symmetric case, the final solution depends on the topology of the graph as well as on the distribution of the initial values. Counter-intuitively, less central nodes in the network are able to exert a higher influence on the final solution. This behavior applies also for different simulated networks such as random, small-world, and sc...
SSRN Electronic Journal, 2020
Women are underrepresented in STEM (science, technology, engineering, and mathematics) careers, a... more Women are underrepresented in STEM (science, technology, engineering, and mathematics) careers, and this poses new challenges at the dawn of the era of digital transformation. The goal of the present study is to demonstrate how female role models influence girls' preferences for STEM studies. This paper evaluates a role-model intervention in which female volunteers working in STEM go into schools to talk to girls about their careers. The study was conducted with 304 girls, from 12 years old (sixth primary grade) to 16 years old (fourth secondary grade), both before and after the role-model sessions. An adaptation of the expectancy-value theory of achievement motivation is used to test the extent to which this role-model intervention improves girls' beliefs that they can be successful in STEM fields and increases their likelihood of choosing a STEM career. The results of multigroup structural equation modeling analysis show that on average, the role-model intervention has a positive and significant effect on mathematics enjoyment, importance attached to math, expectations of success in math, and girls' aspirations in STEM, and a negative effect on gender stereotypes. Additionally, the female role-model sessions significantly increase the positive impact of expectations of success on STEM choices. Finally, the moderation role of the counterstereotypical content of the role-model sessions is tested. The results show that the higher the counterstereotypical character of the sessions, the higher the relationship between expectations of success in math and the choice of STEM. These results are discussed regarding their implications for long-term STEM engagement.
SSRN Electronic Journal, 2014
Women and ethnic minority groups hold few boardroom positions. In this paper, we adopt a novel id... more Women and ethnic minority groups hold few boardroom positions. In this paper, we adopt a novel identification strategy to test whether this is caused by a lack of suitable candidates for director positions or, alternatively, by discriminatory barriers that prevent these groups from progressing up the corporate hierarchy. We study the determinants of director appointments following completed mergers and acquisitions. Since directors at the acquisition target will be considered for an appointment at the newly merged firm, our approach allows us to observe the characteristics of successfully appointed target directors jointly with the characteristics of directors who have not been appointed to the board of the merged firm. Our results show empirical evidence consistent with biases in the recruitment of directors. We find that Hispanic directors are less likely to be appointed to the board of the merged firm. Further, women are less likely to be appointed if they previously held a non-executive post and if the representation of women on the acquiring firm’s board is higher. We also find that powerful CEOs are more prone to appoint women to the board. These effects cannot be explained by director and deal characteristics.
Tourism Management, 2015
h i g h l i g h t s We propose the consideration of tourism as a complex adaptive system. We intr... more h i g h l i g h t s We propose the consideration of tourism as a complex adaptive system. We introduce the concept of chaordic system as a step forward to work in mixed environments that mix order and complexity. We introduce five quantitative measures that characterize a system as chaordic. We apply these measures to characterize chaordic Majorca as a tourist destination. We discuss the implications of this characterization in practice.
Cuadernos de economía, 2007
In this paper we applied the dynamic system theory to the measurement of the stability of the Eur... more In this paper we applied the dynamic system theory to the measurement of the stability of the European process of convergence. In particular, Lyapunov's exponents are used to verify the influence of political and economic decisions made during the creation of the European Union on the stability (or instability) of exchange rate fluctuation in different European countries. We find evidence of such relationship.
Corporate Governance: An International Review, 2010
HAL is a multidisciplinary open access archive for the deposit and dissemination of scientific re... more HAL is a multidisciplinary open access archive for the deposit and dissemination of scientific research documents, whether they are published or not. The documents may come from teaching and research institutions in France or abroad, or from public or private research centers. L'archive ouverte pluridisciplinaire HAL, est destinée au dépôt et à la diffusion de documents scientifiques de niveau recherche, publiés ou non, émanant des établissements d'enseignement et de recherche français ou étrangers, des laboratoires publics ou privés.
SSRN Electronic Journal, 2019
The Working Paper Series seeks to disseminate original research in economics and fi nance. All pa... more The Working Paper Series seeks to disseminate original research in economics and fi nance. All papers have been anonymously refereed. By publishing these papers, the Banco de España aims to contribute to economic analysis and, in particular, to knowledge of the Spanish economy and its international environment. The opinions and analyses in the Working Paper Series are the responsibility of the authors and, therefore, do not necessarily coincide with those of the Banco de España or the Eurosystem. The Banco de España disseminates its main reports and most of its publications via the Internet at the following website: http://www.bde.es. Reproduction for educational and non-commercial purposes is permitted provided that the source is acknowledged.
... Consejo Económico y Social Comunidad de Madrid Rocío Albert López-Ibor, Lorenzo Escot Mangas,... more ... Consejo Económico y Social Comunidad de Madrid Rocío Albert López-Ibor, Lorenzo Escot Mangas, José Andrés Fernández Cornejo y Ruth Mateos de Cabo Rocío Albert Ló pez-Ibo r, Lorenzo Escot Mangas, Jo sé A ndrés Fernández Cornejo y Ruth Mateos de Cabo Page 2. ...
Corporate governance, Feb 6, 2024
Documentos de trabajo de la Facultad de Ciencias Económicas y Empresariales, 2003
En el presente trabajo se analizan las consecuencias que tiene para la predicción de datos de coy... more En el presente trabajo se analizan las consecuencias que tiene para la predicción de datos de coyuntura española, en concreto para las importaciones nominales de bienes intermedios, la detección de indicios de comportamiento caótico. Para esta detección se ha utilizado una estimación de un modelo tipo umbral autorregresivo (TAR) y se ha representado gráficamente su diagrama de bifurcación. En concreto, se analizan las diferencias cuando el modelo presenta dinámica caótica y cuando no las presenta tanto en la estimación de los parámetros como en los errores de predicción.
Social Science Research Network, 2015
Corporate Governance: An International Review, Dec 31, 2010
HAL is a multidisciplinary open access archive for the deposit and dissemination of scientific re... more HAL is a multidisciplinary open access archive for the deposit and dissemination of scientific research documents, whether they are published or not. The documents may come from teaching and research institutions in France or abroad, or from public or private research centers. L'archive ouverte pluridisciplinaire HAL, est destinée au dépôt et à la diffusion de documents scientifiques de niveau recherche, publiés ou non, émanant des établissements d'enseignement et de recherche français ou étrangers, des laboratoires publics ou privés.
Proceedings - Academy of Management, Aug 1, 2023
Femeris, Jul 31, 2017
Mujeres y liderazgo empresarial: explorando la brecha de género en la cima States of the 28 EU co... more Mujeres y liderazgo empresarial: explorando la brecha de género en la cima States of the 28 EU countries and offering a series of suggestions to progress women presence on corporate boards.
Social Science Research Network, 2020
Women are underrepresented in STEM (science, technology, engineering, and mathematics) careers, a... more Women are underrepresented in STEM (science, technology, engineering, and mathematics) careers, and this poses new challenges at the dawn of the era of digital transformation. The goal of the present study is to demonstrate how female role models influence girls' preferences for STEM studies. This paper evaluates a role-model intervention in which female volunteers working in STEM go into schools to talk to girls about their careers. The study was conducted with 304 girls, from 12 years old (sixth primary grade) to 16 years old (fourth secondary grade), both before and after the role-model sessions. An adaptation of the expectancy-value theory of achievement motivation is used to test the extent to which this role-model intervention improves girls' beliefs that they can be successful in STEM fields and increases their likelihood of choosing a STEM career. The results of multigroup structural equation modeling analysis show that on average, the role-model intervention has a positive and significant effect on mathematics enjoyment, importance attached to math, expectations of success in math, and girls' aspirations in STEM, and a negative effect on gender stereotypes. Additionally, the female role-model sessions significantly increase the positive impact of expectations of success on STEM choices. Finally, the moderation role of the counterstereotypical content of the role-model sessions is tested. The results show that the higher the counterstereotypical character of the sessions, the higher the relationship between expectations of success in math and the choice of STEM. These results are discussed regarding their implications for long-term STEM engagement.
Información del artículo Caracterización del gasto regional de los hogares en educación superior ... more Información del artículo Caracterización del gasto regional de los hogares en educación superior a través de los microdatos de la encuesta de presupuestos familiares.
Academy of Management Proceedings
Journal of Corporate Finance, Dec 1, 2021
We use a sample of over 80,000 Spanish companies started by a sole entrepreneur between 2004 and ... more We use a sample of over 80,000 Spanish companies started by a sole entrepreneur between 2004 and 2014, and distinguish between male and female entrepreneurs demand for credit, credit approval ratio, and credit performance. We find that female entrepreneurs who start a business are less likely to ask for a loan. Of the female entrepreneurs requesting a credit, the probability of obtaining one in the founding year is significantly lower than their male peers in the same industry. This lower credit access disappears over the subsequent years, once the company has a track record of profits and losses. We also observe that women-led companies that receive a loan in the founding year are less likely to default as compared to men-led companies. This superior performance disappears for subsequent years, coinciding with the disappearance of the lower credit access. Taking all these results together, we rule out both taste-based discrimination and statistical discrimination in the credit industry, and point to the possible presence of double standards which might be a consequence of implicit (unconscious) discrimination.
PLOS ONE
Network diffusion processes or how information spreads through networks have been widely examined... more Network diffusion processes or how information spreads through networks have been widely examined in numerous disciplines such as epidemiology, physics, sociology, politics, or computer science. In this paper, we extend previous developments by considering a generalization of the diffusion by considering the possibility of differences in the speed of diffusion and reduction depending on the forces’ directions. In this situation, the differential speed of diffusion produces deviations from the standard solution around the average of the initial conditions in the network. In fact, this asymmetry gives rise to non-linear dynamics in which, contrary to the symmetric case, the final solution depends on the topology of the graph as well as on the distribution of the initial values. Counter-intuitively, less central nodes in the network are able to exert a higher influence on the final solution. This behavior applies also for different simulated networks such as random, small-world, and sc...
SSRN Electronic Journal, 2020
Women are underrepresented in STEM (science, technology, engineering, and mathematics) careers, a... more Women are underrepresented in STEM (science, technology, engineering, and mathematics) careers, and this poses new challenges at the dawn of the era of digital transformation. The goal of the present study is to demonstrate how female role models influence girls' preferences for STEM studies. This paper evaluates a role-model intervention in which female volunteers working in STEM go into schools to talk to girls about their careers. The study was conducted with 304 girls, from 12 years old (sixth primary grade) to 16 years old (fourth secondary grade), both before and after the role-model sessions. An adaptation of the expectancy-value theory of achievement motivation is used to test the extent to which this role-model intervention improves girls' beliefs that they can be successful in STEM fields and increases their likelihood of choosing a STEM career. The results of multigroup structural equation modeling analysis show that on average, the role-model intervention has a positive and significant effect on mathematics enjoyment, importance attached to math, expectations of success in math, and girls' aspirations in STEM, and a negative effect on gender stereotypes. Additionally, the female role-model sessions significantly increase the positive impact of expectations of success on STEM choices. Finally, the moderation role of the counterstereotypical content of the role-model sessions is tested. The results show that the higher the counterstereotypical character of the sessions, the higher the relationship between expectations of success in math and the choice of STEM. These results are discussed regarding their implications for long-term STEM engagement.
SSRN Electronic Journal, 2014
Women and ethnic minority groups hold few boardroom positions. In this paper, we adopt a novel id... more Women and ethnic minority groups hold few boardroom positions. In this paper, we adopt a novel identification strategy to test whether this is caused by a lack of suitable candidates for director positions or, alternatively, by discriminatory barriers that prevent these groups from progressing up the corporate hierarchy. We study the determinants of director appointments following completed mergers and acquisitions. Since directors at the acquisition target will be considered for an appointment at the newly merged firm, our approach allows us to observe the characteristics of successfully appointed target directors jointly with the characteristics of directors who have not been appointed to the board of the merged firm. Our results show empirical evidence consistent with biases in the recruitment of directors. We find that Hispanic directors are less likely to be appointed to the board of the merged firm. Further, women are less likely to be appointed if they previously held a non-executive post and if the representation of women on the acquiring firm’s board is higher. We also find that powerful CEOs are more prone to appoint women to the board. These effects cannot be explained by director and deal characteristics.
Tourism Management, 2015
h i g h l i g h t s We propose the consideration of tourism as a complex adaptive system. We intr... more h i g h l i g h t s We propose the consideration of tourism as a complex adaptive system. We introduce the concept of chaordic system as a step forward to work in mixed environments that mix order and complexity. We introduce five quantitative measures that characterize a system as chaordic. We apply these measures to characterize chaordic Majorca as a tourist destination. We discuss the implications of this characterization in practice.
Cuadernos de economía, 2007
In this paper we applied the dynamic system theory to the measurement of the stability of the Eur... more In this paper we applied the dynamic system theory to the measurement of the stability of the European process of convergence. In particular, Lyapunov's exponents are used to verify the influence of political and economic decisions made during the creation of the European Union on the stability (or instability) of exchange rate fluctuation in different European countries. We find evidence of such relationship.
Corporate Governance: An International Review, 2010
HAL is a multidisciplinary open access archive for the deposit and dissemination of scientific re... more HAL is a multidisciplinary open access archive for the deposit and dissemination of scientific research documents, whether they are published or not. The documents may come from teaching and research institutions in France or abroad, or from public or private research centers. L'archive ouverte pluridisciplinaire HAL, est destinée au dépôt et à la diffusion de documents scientifiques de niveau recherche, publiés ou non, émanant des établissements d'enseignement et de recherche français ou étrangers, des laboratoires publics ou privés.
SSRN Electronic Journal, 2019
The Working Paper Series seeks to disseminate original research in economics and fi nance. All pa... more The Working Paper Series seeks to disseminate original research in economics and fi nance. All papers have been anonymously refereed. By publishing these papers, the Banco de España aims to contribute to economic analysis and, in particular, to knowledge of the Spanish economy and its international environment. The opinions and analyses in the Working Paper Series are the responsibility of the authors and, therefore, do not necessarily coincide with those of the Banco de España or the Eurosystem. The Banco de España disseminates its main reports and most of its publications via the Internet at the following website: http://www.bde.es. Reproduction for educational and non-commercial purposes is permitted provided that the source is acknowledged.
... Consejo Económico y Social Comunidad de Madrid Rocío Albert López-Ibor, Lorenzo Escot Mangas,... more ... Consejo Económico y Social Comunidad de Madrid Rocío Albert López-Ibor, Lorenzo Escot Mangas, José Andrés Fernández Cornejo y Ruth Mateos de Cabo Rocío Albert Ló pez-Ibo r, Lorenzo Escot Mangas, Jo sé A ndrés Fernández Cornejo y Ruth Mateos de Cabo Page 2. ...
Women and ethnic minority groups hold few boardroom positions. In this paper, we adopt a novel id... more Women and ethnic minority groups hold few boardroom positions. In this paper, we adopt a novel identification strategy to test whether this is caused by a lack of suitable candidates for director positions or, alternatively, by discriminatory barriers that prevent these groups from progressing up the corporate hierarchy. We study the determinants of director appointments following completed mergers and acquisitions. Since directors at the acquisition target will be considered for an appointment at the newly merged firm, our approach allows us to observe the characteristics of successfully appointed target directors jointly with the characteristics of directors who have not been appointed to the board of the merged firm. Our results show empirical evidence consistent with biases in the recruitment of directors. We find that Hispanic directors are less likely to be appointed to the board of the merged firm. Further, women are less likely to be appointed if they previously held a non-executive post and if the representation of women on the acquiring firm’s board is higher. We also find that powerful CEOs are more prone to appoint women to the board. These effects cannot be explained by director and deal characteristics.
la aportación principal de este estudio es identificar los parámetros y motivaciones que determin... more la aportación principal de este estudio es identificar los parámetros y motivaciones que determinan el grado de interés de los universitarios hacia las necesidades globales de la defensa, más concretamente:
⎯ Evaluar el nivel de conciencia de defensa que tienen los universitarios españoles.
⎯ Analizar la imagen que perciben de las Fuerzas Armadas.
⎯ Conocer las razones por las que estarían dispuestos a ingresar en el Ejército como militares de carrera, una vez concluidos sus estudios universitarios.
⎯ Averiguar si estarían dispuestos a vincularse de manera temporal con el Ejército, a través de la figura de reservista.