Matches in SemOpenAlex for { <https://semopenalex.org/work/W3159579084> ?p ?o ?g. }
- W3159579084 endingPage "36" @default.
- W3159579084 startingPage "20" @default.
- W3159579084 abstract "Objective: Analyze whether Brazilian Development Bank (BNDES) financial support have increased Brazilian companies market value using a sample comprising 272 observations from 40 companies listed at B3 Stock Exchange, in 2003–2018.Method: Panel data analysis using the One-step system GMM and a non-parametric Kruskal-Wallis H test followed by a Dunn test.Relevance: The relevance of the current study is in its analysis of a possible association between BNDES-granted financing and changes in Brazilian companies’ market value.Results: We did not observe that the financial support from BNDES could be associated with an increase in the market value of the companies. It was not possible to establish a causal relationship with respect to the financial support of BNDES and an impact on the corporate market value when we analyzed our full sample. However, we observe the existence of difference in the averages of the corporate market value when we analyzed in groups of companies. This result is not in line with recent financial scandals in Brazil involving companies that had obtained BNDES funding.Theoretical Contributions: Our findings may assist in the elaboration of an efficient policy to finance Brazilian companies, as the analysis of BNDES performance is fundamental to determining whether the applicability of Brazilian financing policy has reached the proposed results." @default.
- W3159579084 created "2021-05-10" @default.
- W3159579084 creator A5011401339 @default.
- W3159579084 creator A5044257037 @default.
- W3159579084 creator A5053408133 @default.
- W3159579084 creator A5072127987 @default.
- W3159579084 creator A5082313143 @default.
- W3159579084 date "2021-04-26" @default.
- W3159579084 modified "2023-10-18" @default.
- W3159579084 title "The Impact of BNDES’s Financial Resources on the Market Value of B3-Listed Companies" @default.
- W3159579084 cites W1496286215 @default.
- W3159579084 cites W1572478091 @default.
- W3159579084 cites W1837483824 @default.
- W3159579084 cites W1944433888 @default.
- W3159579084 cites W1958680553 @default.
- W3159579084 cites W1987177424 @default.
- W3159579084 cites W2000578291 @default.
- W3159579084 cites W2014538668 @default.
- W3159579084 cites W2025610165 @default.
- W3159579084 cites W2026197177 @default.
- W3159579084 cites W2027382631 @default.
- W3159579084 cites W2030132760 @default.
- W3159579084 cites W2035554302 @default.
- W3159579084 cites W2041282815 @default.
- W3159579084 cites W2059794602 @default.
- W3159579084 cites W2094602684 @default.
- W3159579084 cites W2096027253 @default.
- W3159579084 cites W2110088126 @default.
- W3159579084 cites W2116479075 @default.
- W3159579084 cites W2151192207 @default.
- W3159579084 cites W2213217368 @default.
- W3159579084 cites W2500951531 @default.
- W3159579084 cites W2555917786 @default.
- W3159579084 cites W2606565531 @default.
- W3159579084 cites W2727711452 @default.
- W3159579084 cites W2735439311 @default.
- W3159579084 cites W2752617332 @default.
- W3159579084 cites W2774626003 @default.
- W3159579084 cites W2780744508 @default.
- W3159579084 cites W2804309033 @default.
- W3159579084 cites W2890263295 @default.
- W3159579084 cites W2905761398 @default.
- W3159579084 cites W3121237401 @default.
- W3159579084 cites W3121304433 @default.
- W3159579084 cites W3121403162 @default.
- W3159579084 cites W3121407686 @default.
- W3159579084 cites W3122791595 @default.
- W3159579084 cites W3123200913 @default.
- W3159579084 cites W3123416450 @default.
- W3159579084 cites W3124114405 @default.
- W3159579084 cites W3126034234 @default.
- W3159579084 cites W4236997034 @default.
- W3159579084 cites W4248582191 @default.
- W3159579084 doi "https://doi.org/10.51341/1984-3925_2021v24n1a2" @default.
- W3159579084 hasPublicationYear "2021" @default.
- W3159579084 type Work @default.
- W3159579084 sameAs 3159579084 @default.
- W3159579084 citedByCount "0" @default.
- W3159579084 crossrefType "journal-article" @default.
- W3159579084 hasAuthorship W3159579084A5011401339 @default.
- W3159579084 hasAuthorship W3159579084A5044257037 @default.
- W3159579084 hasAuthorship W3159579084A5053408133 @default.
- W3159579084 hasAuthorship W3159579084A5072127987 @default.
- W3159579084 hasAuthorship W3159579084A5082313143 @default.
- W3159579084 hasBestOaLocation W31595790842 @default.
- W3159579084 hasConcept C10138342 @default.
- W3159579084 hasConcept C119857082 @default.
- W3159579084 hasConcept C121955636 @default.
- W3159579084 hasConcept C144133560 @default.
- W3159579084 hasConcept C149782125 @default.
- W3159579084 hasConcept C151730666 @default.
- W3159579084 hasConcept C158154518 @default.
- W3159579084 hasConcept C162324750 @default.
- W3159579084 hasConcept C17744445 @default.
- W3159579084 hasConcept C185592680 @default.
- W3159579084 hasConcept C198531522 @default.
- W3159579084 hasConcept C199539241 @default.
- W3159579084 hasConcept C200870193 @default.
- W3159579084 hasConcept C202552767 @default.
- W3159579084 hasConcept C2776291640 @default.
- W3159579084 hasConcept C2779343474 @default.
- W3159579084 hasConcept C2779467348 @default.
- W3159579084 hasConcept C2780299701 @default.
- W3159579084 hasConcept C41008148 @default.
- W3159579084 hasConcept C43617362 @default.
- W3159579084 hasConcept C6422946 @default.
- W3159579084 hasConcept C73283319 @default.
- W3159579084 hasConcept C86803240 @default.
- W3159579084 hasConceptScore W3159579084C10138342 @default.
- W3159579084 hasConceptScore W3159579084C119857082 @default.
- W3159579084 hasConceptScore W3159579084C121955636 @default.
- W3159579084 hasConceptScore W3159579084C144133560 @default.
- W3159579084 hasConceptScore W3159579084C149782125 @default.
- W3159579084 hasConceptScore W3159579084C151730666 @default.
- W3159579084 hasConceptScore W3159579084C158154518 @default.
- W3159579084 hasConceptScore W3159579084C162324750 @default.
- W3159579084 hasConceptScore W3159579084C17744445 @default.
- W3159579084 hasConceptScore W3159579084C185592680 @default.