Browsing by Author "Sheng, Hsia Hua"
Now showing items 1-20 of 32
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Anos de instabilidade
Sheng, Hsia Hua; Carrera Junior, José Marcos
2016Crise política e econômica e fim do ciclo das commodities são obstáculos ao crescimento das multinacionais brasileiras -
Are country and size risks priced in the Brazilian stock market?
Sanvicente, Antonio Zoratto; Sheng, Hsia Hua; Guanais, Luiz Felipe Poli
2017When estimating a firm's cost of equity for valuation and other purposes in emerging markets without (or with only partial) capital market integration, many practitioners include a premium for country risk. In principle, ... -
Aspecto cultural do pragmatismo chinês no empreendimento
Sheng, Hsia Hua
2010There is evidence that Chinese pragmatism accounts for Small and Medium Enterprise’ success in China. Chinese pragmatism is composed of four main elements: adaptability, sense of reality, goal and innovation. The objective ... -
The big family: informal financing of small- and medium-sized businesses by Guanxi
Sheng, Hsia Hua; Silva, Wesley Mendes da
2014Guanxi facilitates interaction between companies and people in Confucian societies. Does this type of social construct still play the key role, when the entrepreneurs live in Western societies? The objective of this article ... -
Caso BBM: expansão do private banking no Brasil
Sheng, Hsia Hua; Chen, WeiHua
2019-05-31 -
Com as próprias pernas
Sheng, Hsia Hua; Carrera Junior, José Marcos
2017-07-25Multinacionais brasileiras devem diminuir sua dependência de recursos estatais e definir melhor sua estratégia global para os próximos anos. -
Contingent convertibles and their impacts on the optimization of the capital structure of Brazilian banks under Basel III
Goes, Karina Cyganczuk; Sheng, Hsia Hua; Schiozer, Rafael Felipe
2016-04-01Banks around the world maintain excess regulatory capital, whether to minimize capitalization costs or to mitigate risks of financial difficulties. However, it was only after the financial crisis of 2008 that the quality ... -
Contingent convertibles and their impacts on the optimization of the capital structure of Brazilian banks under basel III
Goes, Karina Cyganczuk; Sheng, Hsia Hua; Schiozer, Rafael Felipe
2016Banks around the world maintain excess regulatory capital, whether to minimize capitalization costs or to mitigate risks of financial difficulties. However, it was only after the financial crisis of 2008 that the quality ... -
Cost of equity estimation for the Brazilian market: a test of the Goldman Sachs model
Guanais, Luiz Felipe Poli; Sanvicente, Antonio Zoratto; Sheng, Hsia Hua
2017As an approach to determining the degree of integration of the Brazilian economy, this paper seeks to test the explanatory power of the Goldman Sachs Model for the expected returns by a foreign investor in the Brazilian ... -
Cross-listing and price efficiency: An institutional explanation
Diniz-Maganini, Natalia; Rasheed, Abdul A.; Yasar, Mahmut; Sheng, Hsia Hua
2022Although many of the benefits of cross-listing have been examined in prior research, potential improvements in price efficiency have received less attention. We examine the differences in price efficiencies between American ... -
Desempenho de fusões e aquisições cross border: análise empírica do caso brasileiro
Bortoluzzo, Adriana; Garcia, Maria Pia de Siqueira; Boehe, Dirk Michael; Sheng, Hsia Hua
2014-12-01The purpose of this article is to investigate whether the cross-border acquisitions made by Brazilian companies over the past 15 years have improved their financial performance. Drawing on institutional, socio-cultural, ... -
Earning management in Brazilian financial institutions
Bortoluzzo, Adriana; Sheng, Hsia Hua; Gomes, Ana Luiza Porto
2016-06-01The present study aims to study earnings management in a significant sample of 123 banks in the Brazilian market between 2001 and 2012. Given the important role that banks play in a country's economy, it is important to ... -
O efeito dos custos de transação sobre os investimentos locais e estrangeiros
Sheng, Hsia Hua
2012Pesquisa em foco: Transaction costs: an empirical analysis of their relationship with investment and foreign direct investment - 2011. Pesquisadores: Marcos Vinício Wink Junior, Professor Hsia Hua Sheng e Professor William ... -
Efeitos da especulação no caixa da empresa
Sheng, Hsia Hua
2009As pesquisas acadêmicas têm feito pouco ao fenômeno da especulação. No entanto, as operações de especulações tiveram papel muito importante no desempenho financeiro das empresas no último ano, principalmente nas empresas ... -
Effects of internationalization on ownership structure: evidence from Latin American firms
Sheng, Hsia Hua; Pereira, Vinícius Silva
2014-09-01We analyze the direct and simultaneous effects of internationalization on the ownership structure of Latin American companies based on agency theory. Using a sample of 425 Latin American firms between 2007 and 2011, which ... -
Uma empresa brasileira com sotaque chinês
Sheng, Hsia Hua; Chen, WeiHua
2019-05-02 -
Ensaios sobre emissões de corporate bonds (Debêntures) no mercado brasileiro
Sheng, Hsia Hua
2005-07-15O objetivo da presente tese é analisar as três questões não respondidas ou tratadas na literatura nacional - os efeitos de rating, as medidas e proxies de liquidez e os desenhos de contratos nas emissões de diferentes ... -
Hedge e especulação com derivativos cambiais: evidências de operações cotidianas
Lopes, João Luiz Guillaumon; Schiozer, Rafael Felipe; Sheng, Hsia Hua
2013-08-01This study investigates the dynamics of currency derivatives usage by Brazilian non-financial firms, using a unique database of over-the-counter operations contracted between these companies and a large international bank ... -
The impact of government equity investment on internationalization: the case of Brazil
Sheng, Hsia Hua
2016We examine the impact of government equity ownership on the degree of internationalization of emerging market firms. Our analysis of 173 Brazilian publicly traded firms from 2002 to 2011 shows that the higher the equity ... -
Impact of trade credit on firm inventory investment during financial crises: evidence from Latin America
Sheng, Hsia Hua; Bortoluzzo, Adriana; Santos, Gisler André Pereira dos
2013-10This paper studies whether trade credit is used as a substitute for bank credit in crisis periods in Latin America. The sample is composed of firms listed on the Argentine, Brazilian, and Mexican stock exchanges from 1994 ...