TAXATION AND CORPORATE CULTURE IN THE COMPETENCE OF INTEGRATED LATIN AMERICAN MARKET

• Autor: Hennings Otoya, Julio Alberto
• Formato: artículo
• Fecha de Publicación: 2015
• Institución: Universidad Nacional Mayor de San Marcos
• Repositorio: Revistas - Universidad Nacional Mayor de San Marcos
• Lenguaje: español
• OAI Identifier: oai:ojs.csi.unmsm:article/11623
• Enlace del recurso: https://revistasinvestigacion.unmsm.edu.pe/index.php/quipu/article/view/11623
• Nivel de acceso: acceso abierto
• Materia: Exchanges; Integrated Latin American Market (MILA); direct financing; diversification; holding securities; Bolsas de Valores; Mercado Integrado Latinoamericano (MILA); financiación directa; diversificación; tenencia de valores.

The present work shows from a Peruvian perspecti-ve, the negative impact of tax and business culture variables of national agents compared to other MILA countries; considering among others: the taxation of capital gains applied in Peru and the limited propensity of local firms to use capital markets. The research is des-criptive and explanatory, using secondary sources in data collection, reports and data of the SMV and stock markets from MILA. Additionally, experts interviewed directors of the Superintendence of Securities and a representative Broker Company (SAB), with the aim of contrasting assessments of the findings.