FGV Digital Repository
    • português (Brasil)
    • English
    • español
      Visit:
    • FGV Digital Library
    • FGV Scientific Journals
  • English 
    • português (Brasil)
    • English
    • español
  • Login
View Item 
  •   DSpace Home
  • FGV EAESP - Escola de Administração de Empresas de São Paulo
  • FGV EAESP - Centros de Estudos
  • FGV EAESP - GVcef - Centro de Estudos em Finanças
  • FGV EAESP - GVcef - Working Papers
  • View Item
  •   DSpace Home
  • FGV EAESP - Escola de Administração de Empresas de São Paulo
  • FGV EAESP - Centros de Estudos
  • FGV EAESP - GVcef - Centro de Estudos em Finanças
  • FGV EAESP - GVcef - Working Papers
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

Browse

All of DSpaceFGV Communities & CollectionsAuthorsAdvisorSubjectTitlesBy Issue DateKeywordsThis CollectionAuthorsAdvisorSubjectTitlesBy Issue DateKeywords

My Account

LoginRegister

Statistics

View Usage Statistics

Capital structure in Brazil: review of studies during the period of 1988-2003

Thumbnail
View/Open
PDF (154.9Kb)
Date
2009-07
Author
Matsuo, Alexandre Kazuma
Eid Júnior, William
Metadata
Show full item record
Abstract
A systematic review was made of studies regarding the capital structure in Brazil during the period of 1988-2003. The recurring themes relate to the static tradeoff and pecking order in various moments of the economy, the fiscal benefits of indebtedness and interest on privately-owned capital, and the inefficacies of the stock market. The Brazilian companies enjoy little leverage as compared to other emerging markets. BNDES is responsible for 5% of the gross formation of fixed capital. The funding of resources occurs at opportune moments, and the financing decision may precede that of investment. Efficacy of the judiciary system and company transparency positively affect access to credit.
URI
http://hdl.handle.net/10438/15559
Collections
  • FGV EAESP - GVcef - Working Papers [18]
Knowledge Areas
Finanças
Subject
Estrutura de capital
Keyword

DSpace software copyright © 2002-2016  DuraSpace
Contact Us | Send Feedback
Theme by 
@mire NV
 

 


DSpace software copyright © 2002-2016  DuraSpace
Contact Us | Send Feedback
Theme by 
@mire NV
 

 

Import Metadata