Use este identificador para citar ou linkar para este item: http://repositorio.ufla.br/jspui/handle/1/41701
Título: A Influência dos Investimentos Diretos Externos (IDE) na Rentabilidade de Multinacionais Brasileiras: Evidência em Modelos de Intervenção de 2000 a 2010
Título(s) alternativo(s): The influence of Foreign Direct Investments (FDI) on the profitability of Brazilian multinationals: evidence from intervention models for the period from 2000 to 2010
Palavras-chave: Multinacionais brasileiras
Investimento Direto Externo
Modelos de intervenção ARIMA
Empresas - Lucratividade
Brazilian multinationals
Foreign Direct Investment
ARIMA intervention models
Firms - Profitability
Data do documento: 2015
Editor: Universidade de Brasília
Citação: PESSANHA, G. R. G.; ALCÂNTARA, J. N. de; THOMÉ, K. M. A Influência dos Investimentos Diretos Externos(IDE) na Rentabilidade de Multinacionais Brasileiras: Evidência em Modelos de Intervenção de 2000 a 2010. Contabilidade, Gestão e Governança, Brasília, v. 18, n. 1, p. 26-42, jan./abr. 2015.
Resumo: The paper measures and analyzes the impact of foreign direct investment (FDI) operations on the profitability (ROA, ROE and EVA) of three Brazilian multinational enterprises (MNEs): JBS, Marcopolo, and Metalfrio. ARIMA intervention models were used to carry out the analysis, in order to identify whether the utilization of FDI is an intervention capable of affecting the behavior of the temporal series for ROA, ROE and EVA. All adjusted models were significant and results showed that FDI operations negatively affected the profitability of the firms studied. In other words, FDI operations - treated in financial theory as a reflection of the long-term investment decisions of firms - changed the behavior of the temporal series of the performance metrics of these companies during the period studied. Results contribute to theory of the firm with respect to the question of the profitability of firms engaging in FDI, looking at the case of Brazilian firms undertaking international expansion. The study innovates in revealing how FDI strategies intervene in the performance metrics of these firms.
URI: http://repositorio.ufla.br/jspui/handle/1/41701
Aparece nas coleções:DAE - Artigos publicados em periódicos



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