Impacto da dívida e da diversificação no desempenho das empresas brasileiras: um estudo sob a ótica da Teoria Baseada em Recursos, Teoria da Agência e Teoria dos Custos de Transação

Abstract

Expand your products to multiple areas of focus or narrow and focus your portfolio on only a small portfolio of products? A question that the academics and professionals of the area have tried to answer. Given this, the present work contributes to this discussion, having as its theme the diversification and its relation with the indebtedness and performance of the companies. The justification for studying this relationship consists of the theoretical controversies on the subject, present in important theories for administrative knowledge. The Transaction Costs Theory deals with the relationship of the individuals in their negotiations, and when a new participant enters a market, it does not have a vast knowledge of it, allowing the opportunism and elevation of the costs of the transactions, making the company is in debt and reduces its performance as it diversifies. For the Agency Theory, there is a tendency to increase the company's indebtedness so that it limits the actions of the manager, thus reducing the agency conflict, making it impossible for the manager to diversify, but rewarded being for a higher value of the company. Finally, Resource-Based Theory has a third approach, in which diversification generates access to new resources, in addition to financial ones, being possible through new loans, and the conglomeration of resources facilitates the development of competencies and the maintenance of competitive advantages. Therefore, the objective of this dissertation is to analyze the relationship

Innovation of the customs value management process in imports between related parties

“…Within such structures, decisions related to trade exchanges are made through administrative commands or fiats, which significantly reduces the transaction costs of firms and facilitates internal alignments (Silva, 2009). The term itself alludes to the divine and unconditioned order given at creation in the book of Genesis, which has a noncontingent characteristic (ALCHIAN; DEMSETZ, 1972).…”

Conservadorismo condicional: análise das empresas do novo mercado da B3, em face da adoção da interpretação técnica ICPC 22 - incerteza sobre tratamento de tributos sobre o lucro

“…Nesta perspectiva, há vários estudos que analisaram a prática do conservadorismo, no contexto internacional (Holthausen & Watts, 2001;Chen, Folson, Paek & Sami, 2014) e no âmbito nacional (Coelho, 2007;Silva & Maciel, 2014;Brunozi Júnior, Haberkamp, Alves & Kronbauer, 2015;Sousa, Castro, Viana Júnior, Domingos & Ponte, 2018;Pinto, Faria Junior, Carmo & Machado, 2019;e Hoeppers et al, 2020). No ambiente brasileiro, a legislação tributária tem significativa influência sobre as empresas, logo, a justificativa para esta pesquisa é avançar na literatura ao se apurar qual o nível de conservadorismo praticado pelas empresas integrantes do segmento Novo Mercado (NM) da B3, em face das exigências da interpretação técnica ICPC 22, já que esta foi implementada em 2019.…”