Made available in DSpace on 2015-12-03T18:33:15Z (GMT). No. of bitstreams: 1 Aparecida_Goncalves_da_Silva.pdf: 1221190 bytes, checksum: 650c6372013e23986bfb8e689ab0948b (MD5) Previous issue date: 2015-08-10 / This research highlights the practices of internal audit as an instrument influenced management to improve performance, through the review of the perception of managers of a Public Financial Institution. It was a qualitative and quantitative descriptive study, with a single observation field study, by means of a questionnaire investigation. The main population was composed of managers and subordinates to the area of internal audit (control group) and the Administrative strategic planning and subordinate areas (user group). To reach the goal of the study, it was applied questionnaire surveys, available online. The survey results confirmed the perception of the use of internal audit as an instrument in decision making, susceptible to improvement in the strategic planning process and effects on the administrative cycle of the institution, on aspects of Performance Audit. Among the main findings, it was evident that the perception of managers, that the researched financial institution shows concern in results-oriented management but the internal audit is apparently more focused on the control (in the evaluation of the implemented performance) rather than planning (in the criticism of planned performance) / Esta pesquisa evidencia as pr??ticas da Auditoria Interna como instrumental de gest??o influenci??vel ?? melhoria de Desempenho, pela an??lise da percep????o de gestores de uma Institui????o Financeira P??blica. Como m??todo de pesquisa, foi feita pesquisa de car??ter descritivo quali-quantitativo, com estudo de campo de ??nica observa????o, por meio de investiga????o por question??rio, tendo como popula????o gestores diretamente ligados e subordinados ?? ??rea de Auditoria Interna (grupo de controle) e ??s ??reas Administrativas de planejamento estrat??gico e subordinadas (grupo de usu??rios). Para alcan??ar o objetivo, foram utilizadas surveys de question??rio, com disponibilidade de acesso online, atrav??s de link web. Os resultados da pesquisa confirmaram a percep????o dos gestores quanto a utiliza????o da Auditoria Interna como instrumental na tomada de decis??o, influenci??vel a melhorias no processo de planejamento estrat??gico e efeitos no ciclo administrativo da institui????o nos aspectos da Auditoria de Desempenho. Dentre os principais achados, foi evidenciado que, na percep????o dos gestores, a institui????o financeira pesquisada apresenta preocupa????o em gest??o orientada a resultados, por??m, a Auditoria Interna, aparentemente, est?? mais focada no controle (avalia????o do desempenho realizado) e n??o em planejamento (cr??tica do desempenho planejado)

Made available in DSpace on 2015-12-03T18:33:16Z (GMT). No. of bitstreams: 1 Marcelo_Rodrigues_de_Oliveira.pdf: 572879 bytes, checksum: 561a9772aa0bb467cfc2cb7f0721796f (MD5) Previous issue date: 2015-08-25 / Bid-ask spread is a key measure to evaluate the dynamics of stock prices. The literature show us that the main determinants of bid-ask spread are market capitalization, price level, price volatility and traded volume. Theories for bid-ask spread, discussed by Market Microstructure, define three reasons for their existence: (i) order processing costs; (ii) inventory control and (iii) information asymmetry. The information asymmetry, that is a key concept for the efficient market hypothesis, establishes the link between bid-ask spread and those factors that influence prices in a way not related to risk, which should be discussed by behavioral finance s perspective. The behavioral finance s literature searches for answers of questions in which stock prices does not reflect their values in a rational way. These situations are called market anomalies. Among the main anomalies, there are calendar anomalies, where it is possible to observe price behaviour related to moments of time, consistently. The objective of this study is to make a empirical and quantitative evaluation of the Day-of-Week Effect (DoW) on bid-ask spread of BOVESPA s stock prices. The work of Narayan, Mishra and Narayan (2014), about the relation between bid-ask spread determinants and Day-of-Week Effects, using NYSE stock data, found evidence of those effects, at first. Secondly, they found that bid-ask spread, stock price, traded volume and price volatility, in panel data setting are cointegrated and prices, volume and volatility have different effects in the bid-ask spread for each trading day. In this study, using BOVESPA data of 2012, from march to december, calendar anomalies are not confirmed in bid-ask spread. However, when we analized diary returns of stock prices, it was observed that Day-Of-Week and End-Of-Month effects were significant at 1% and Day-Of-Week effect is augmented in the period of end of month / O bid-ask spread ?? uma medida importante para a avalia????o da din??mica de pre??os de a????es. A literatura mostra que os seus principais determinantes s??o a capitaliza????o de mercado da empresa, o n??vel de pre??o da a????o, a volatilidade do pre??o da a????o e o volume negociado. As teorias para o bid-ask spread, tratadas pela Microestrutura de Mercado, definem tr??s raz??es para sua exist??ncia que s??o: (i) os custos de processamento das ordens; (ii) controle de invent??rio e (iii) assimetria informacional. A assimetria informacional, que ?? um conceito central na discuss??o sobre a efici??ncia dos mercados, estabelece a liga????o entre o bid-ask spread e os fatores que influenciam os pre??os de maneira n??o relacionada a riscos, os quais devem ser abordados sob o enfoque das finan??as comportamentais. A literatura de finan??as comportamentais aborda uma variedade de situa????es em que os pre??os de a????es n??o refletem de maneira racional o seu valor. Estas situa????es s??o chamadas de anomalias de mercado. Entre as principais anomalias, temos as anomalias de calend??rio, em que observamos o comportamento dos pre??os relacionado a um momento no tempo, de forma consistente. O objetivo deste estudo ?? avaliar, de maneira emp??rica e quantitativa, se existe o efeito dia-da-semana no bid-ask spread na Bovespa. O estudo de Narayan, Mishra e Narayan, de 2014, sobre a rela????o entre os determinantes do bid-ask spread e o efeito dia-da-semana para a bolsa de NY comprovou a exist??ncia do efeito dia-da-semana no bid-ask spread. Tamb??m teve como achados que o bid-ask spread, o pre??o da a????o, volume negociado e a volatilidade do pre??o da a????o, tomados em painel, s??o cointegrados e que o pre??o, o volume e a volatilidade tem efeitos diferentes no bid-ask spread nos diferentes dias de negocia????es. Neste estudo, com dados da bolsa de valores de S??o Paulo de Mar??o a Dezembro de 2012, n??o foram comprovadas as anomalias de calend??rio no bid-ask spread, por??m nos testes com retornos di??rios, observou-se que os efeitos dia-da-semana e fim-de-m??s s??o significantes a 1% e que o efeito dia-da-semana ?? mais pronunciado quando ocorre nos dias de fim do m??s

Made available in DSpace on 2015-12-04T11:45:25Z (GMT). No. of bitstreams: 1 Gustavo_Rodrigues_Ortega.pdf: 1238534 bytes, checksum: 63a2336f2db2f75d0083a37335a89ca4 (MD5) Previous issue date: 2005-08-31 / With the constants changes in the sceneries us which the companies are inserted, the Strategic Administration, one of the more principal managerial activities, she becomes more and more complex. Those alterations, largely provoked by a competitiveness every time larger, that alter the atmospheres which interact with the companies they have been forcing the managers, responsible for strategic decisions, to have to elaborate a Model of Strategic Administration that is more appropriate to the business and extremely flexible making possible fast revisions and safe adaptations looking for to guarantee a managerial effectiveness. The present work bases on a case study in a company of the segment of vertical transport, and, like this, it presents specific peculiarities. The work allowed the understanding of the conceptual structure to your functional aplicabilidade in the Strategic Administration of the above-mentioned company and it was also constituted in additional bases for new kindred studies. This research work looked for to identify and to classify sources of information on Strategic Administration related to manager's decision of the discharge administration of a company of the segment of vertical transport. The sources of information were defined with base in Balanced Scorecard- administration instrument adopted by the researched company. To main contribution that this research wants to offer to the academic atmosphere it is to demonstrate the paper that the area of Controladoria, principal supplier of information of the company, in the process of electric outlet of strategic decision. Controladoria is considered as the administrative area that has as main mission to advise the managers with useful information to decision being used of the Model of Strategic Administration pr??-established by the company. Your contribution is covered of importance for the users, the managers, because it contributes to actions agile and safe, facilitating the reach of the managerial effectiveness. / Com as constantes mudan??as nos cen??rios nos quais as empresas est??o inseridas, a Gest??o Estrat??gica, uma das principais atividades empresariais, torna-se cada vez mais complexa. Essas altera????es, provocadas em grande parte por uma competitividade cada vez maior, que afetam diretamente os ambientes, os quais interagem com as empresas, t??m for??ado os gestores respons??veis pelas tomadas de decis??es estrat??gicas a enfrentarem o desafio de elaborar um Modelo de Gest??o Estrat??gica que seja mais adequado ao neg??cio, e extremamente flex??vel, possibilitando revis??es r??pidas e adapta????es seguras, buscando garantir assim uma efic??cia empresarial. O presente trabalho baseia-se num estudo de caso em uma empresa do segmento de transporte vertical, e assim, apresenta peculiaridades espec??ficas. O trabalho possibilitou o entendimento da estrutura conceitual ?? sua aplicabilidade funcional na Gest??o Estrat??gica da empresa supracitada, e tamb??m constituiu-se em bases adicionais para novos estudos afins. Este trabalho objetivou identificar e catalogar fontes de informa????es sobre Gest??o Estrat??gica relacionadas ??s tomadas de decis??es dos gestores da alta administra????o de uma empresa do segmento de transporte vertical. As fontes de informa????es foram definidas com base no Balanced Scorecard - instrumento de gest??o adotado pela empresa pesquisada; sendo que a principal contribui????o pretendida por esta pesquisa ?? oferecer ao ambiente acad??mico o relevante papel que a ??rea de Controladoria, principal fornecedora de informa????es da empresa, exerce no processo de tomada de decis??o estrat??gica. A Controladoria ?? conceituada como a ??rea administrativa cuja principal miss??o ?? assessorar os gestores com informa????es ??teis ?? tomada de decis??o, utilizando-se do Modelo de Gest??o Estrat??gica pr??-estabelecido pela empresa. Sua participa????o neste processo reveste-se de fundamental import??ncia para os usu??rios, no caso, os gestores, pois contribui para que as a????es decis??rias sejam mais ??geis e seguras, sendo elemento facilitador da efic??cia empresarial.

Made available in DSpace on 2015-12-04T11:45:32Z (GMT). No. of bitstreams: 1 Mauricio_da_Conceicao_Passos_Cerqueira.pdf: 1452284 bytes, checksum: 22ebb81abb78a4ac11bb7e1f848b2961 (MD5) Previous issue date: 2004-09-27 / The principal aim of this dissertation it's to verifying if the use of Information Technology (I.T.) in a Insurance Broker Company provides best information to this. The major emphasis in I.T. occurs in the implantation of a corporative data warehouse that lately should be used like a query source. In the proposed model, are use some others tools with specific application. First, it's proposed the Activity Based Costing (ABC) like a pattern for input data. It's be used in searching of the data quality. It's used too the Bayesian Theorem like a statistical tool in search of the best use for selected information during the decision-making process. Evaluating the use of data warehouse with this tools, it's make use of Quantified Exception Decision with the aim to compare the actual situation, the solution project and the future scenery. In the conclusion of this work, using DEQ tool, it was possible to prove the hypothesis of competitive improvement across the use of Information Technology (I.T.). It's proposed that I.T. can produce good effects to other kinds of companies and not only to Insurance Broker Companies. / O objetivo principal desta disserta????o ?? verificar se a utiliza????o da Tecnologia da Informa????o (T.I) em uma Corretora de Seguros faz com que a empresa obtenha melhores informa????es. A ??nfase maior em Tecnologia da Informa????o est?? a proposta de implanta????o de um data warehouse corporativo que posteriormente serviria de fonte de consultas. O modelo proposto, s??o utilizadas outras ferramentas com fins espec??ficos. Primeiramente, ?? colocado o custeio por Atividade (Activity Based Costing - ABC) como uma forma de padroniza????o na entrada de dados. Sua utiliza????o se d?? pela busca na qualidade dos dados. ?? utilizada tamb??m o Teorema de Bayes como ferramenta estat??stica na busca de melhor direcionamento das informa????es selecionadas durante o processo de tomada de decis??es. Avaliando a utiliza????o do data warehouse com estas duas ferramentas como acess??rios, faz-se uso da ferramenta de Decis??o por Exce????o Quantificada (DEQ) com o intuito de comparar a situa????o atual, do projeto da solu????o e do cen??rio futuro. Na conclus??o deste trabalho, por meio da ferramenta DEQ, foi poss??vel a comprova????o da hip??tese de gera????o de melhores informa????es atrav??s da utiliza????o da Tecnologia da Informa????o (T.I.). Tamb??m sugere-se que a T.I. pode produzir efeitos ben??ficos em outras empresas e ao somente a Corretoras de Seguros.

Submitted by Elba Lopes (elba.lopes@fecap.br) on 2016-05-04T20:57:57Z No. of bitstreams: 2 Rubens_Santanna_Junior.pdf: 651868 bytes, checksum: 37ccb1fbac0e554051327465270028f3 (MD5) license_rdf: 23148 bytes, checksum: 9da0b6dfac957114c6a7714714b86306 (MD5) / Made available in DSpace on 2016-05-04T20:57:57Z (GMT). No. of bitstreams: 2 Rubens_Santanna_Junior.pdf: 651868 bytes, checksum: 37ccb1fbac0e554051327465270028f3 (MD5) license_rdf: 23148 bytes, checksum: 9da0b6dfac957114c6a7714714b86306 (MD5) Previous issue date: 2015-10-30 / We examine with an empirical study the hypothesis that the IT Deployment Capabilities impacts are positively associated with competitive advantage in Brazilian companies. The study uses the conceptual research model proposed by Tian et al. (2009). As part of this study, some of the main theoretical concepts of Resource Based View are reviewed, establishing a link between these concepts and the explanation about competitive advantage. The three constructs that set up the IT Deployment Capabilities are identified and investigated: Strategic Flexibility Partnership Business and Business Alignment. This is a descriptive exploratory research with a quantitative approach. The data collection instrument answered by the employees was a survey with a 7-point Likert scale available through Electronic Link on the Internet, using the website Survey Monkey. The study used public or private companies, national or international companies headquartered in Brazil as criteria for population, within various segments, and sample included the following functions: CEOs and Directors, Managers and Coordinators working at Information Technology areas in their companies. 320 e-mails were sent, yielding 192 responses. Of these 108 were selected as surveys with the desired research profile. To provide validation to the study, a statistical tool validation was used performing exploratory factor analysis tests (FAT) and multiple linear regression (MLR). The results showed that the constructs Strategic Flexibility and Business Partnership are positively associated with the perception of the impact of information technology competitive advantage, while the construct Business Alignment had no significant results to corroborate the studies by Tian et al. (2009) in Chinese companies. / O principal objetivo deste trabalho ?? examinar, com um estudo emp??rico, se os impactos da Capacidade Implanta????o-TI est??o positivamente associados ?? vantagem competitiva nas empresas brasileiras. O estudo utiliza o modelo conceitual de pesquisa proposto por Tian et al. (2009). Como partes deste estudo s??o revistos, dentre eles alguns dos principais conceitos te??ricos da Vis??o Baseada em Recursos, estabelece-se um elo entre esses conceitos e a explica????o da vantagem competitiva, identificando-se e investigando-se os tr??s constructos que comp??em a Capacidade Implanta????o-TI: Flexibilidade Estrat??gica, Parceria de Neg??cio e Alinhamento do Neg??cio. Trata-se de uma pesquisa explorat??ria descritiva, com uma abordagem quantitativa. O instrumento de coleta de dados empregado foi um Survey, utilizando-se a escala Likert com 7 pontos de Link eletr??nico, dispon??vel na Internet atrav??s do site Monkey Survey. O estudo utilizou como crit??rio de popula????o empresas nacionais ou internacionais sediadas no Brasil, de capital aberto ou fechado, e seus diversos segmentos, sendo que a amostra envolveu as fun????es de: CEOs, Diretores, Gerentes e Coordenadores que estavam ligados ?? ??rea de Tecnologia da Informa????o nas empresas onde colaboram. Foram enviados 320 e-mails, obtendo-se 192 respostas. Desse total, foram selecionadas 108 respostas com o perfil desejado da pesquisa. Para proporcionar garantia ao estudo, foi utilizado o instrumento estat??stico de valida????o, no qual foram realizados os testes de an??lise fatorial explorat??ria (AFE) e regress??es lineares m??ltiplas (RLM). Os resultados mostraram que os constructos Flexibilidade Estrat??gica e Parceria de Neg??cio est??o positivamente associados ?? percep????o dos impactos da Tecnologia da Informa????o na vantagem competitiva, enquanto o constructo Alinhamento do Neg??cio n??o apresentou resultados significativos, corroborando os estudos realizados por Tian et al. (2009) nas empresas chinesas.

Made available in DSpace on 2014-12-17T15:39:06Z (GMT). No. of bitstreams: 1 AdrianaCFL_DISSERT.pdf: 1171227 bytes, checksum: adc6aafe2083e0cbd20d3b65fa7adff9 (MD5) Previous issue date: 2014-02-21 / Psychological assessment is a procedure that is inserted in all areas of a psychologist s professional field of work. When starting any psychological intervention, it is necessary to carry an analysis of how individual operate in order to identify and define their demands to adequately meet them. It is important to study this practice because the choice of instruments, techniques and procedures to be employed influences the efficiency and effectiveness of the work and the image of the profession towards society in general, also impacting the scientific community. This study aimed to identify, in the subjects, the percentage of professionals in psychology who make use of the Psychological Assessment in the Northeastern region of Brazil; another objectives were to analyze the profile of these professionals in terms of gender, time after graduation, additional training in PA, the state of the country where he/she works; to check how psychologists do their planning when using PA as well as to identify which differences can be observed in terms of time from graduation and additional training in the process of planning the assessment different extents. The instrument used was an online questionnaire and the sample was by adhesion to the application. The attendance was of 159 professionals and most of them were females with a specialist degree. It was found that the majority of the professionals perform the planning of the PA, establishing a method and choosing the most appropriate strategies to be used. It was also verified that most of the subjects fulfill the steps of the whole process, and when planning the techniques of data collection, integrating database from different sources, reporting the results and returning the information, the professional demonstrates his/her goals to understand their demands and accomplish the decision making and/or proposed intervention for individuals assessed. It was found that the undergraduate degree may not have produced a more complete effect in the professional qualification and therefore, of the quality of the actions in PA, and that there is a need for training and continuing education / A avalia??o psicol?gica ? um procedimento que est? inserido em todas as ?reas de atua??o profissional do psic?logo. Ao se iniciar qualquer interven??o psicol?gica, faz-se uma an?lise do funcionamento do(s) indiv?duo(s) visando identificar e definir suas demandas para atender adequadamente. Importa estudar essa pr?tica, pois a decis?o de instrumentos, procedimentos e t?cnicas a empregar influencia a efici?ncia e efic?cia dos trabalhos bem como a imagem da profiss?o na sociedade em geral, repercutindo tamb?m na comunidade cient?fica. Objetivou-se identificar nos respondentes, o percentual de profissionais em Psicologia que fazem uso da Avalia??o Psicol?gica na Regi?o Nordeste do pa?s; analisar o perfil desses profissionais em termos de g?nero, quanto tempo tem de graduado, forma??o adicional em AP, estado onde atua; verificar como, os psic?logos realizam seu planejamento ao atuarem num processo de AP e identificar quais diferen?as podem ser verificadas em termos de tempo de atividade, forma??o complementar no planejamento do processo avaliativo em distintos ?mbitos. O instrumento utilizado foi um question?rio online e a amostra foi por ades?o a proposta. Participaram 159 profissionais sendo a maioria do sexo feminino, com t?tulo de especialista. Identificou-se que a maioria dos profissionais realiza o planejamento da AP, estabelecendo um m?todo e escolhendo as estrat?gias mais adequadas a serem utilizadas. Tamb?m identificou-se que, a maioria cumpre as etapas desse processo, e, ao planejar as t?cnicas de coleta de informa??es, integrar os dados provenientes de diferentes fontes, relatar resultados e executar a devolu??o de informa??es, o profissional demonstra seu objetivo em compreender sua demanda e realiza a tomada de decis?o e/ou proposta de interven??o em rela??o ?s pessoas avaliadas. Verificou-se que a gradua??o possa n?o ter um efeito mais pronunciado na qualifica??o profissional e consequentemente na qualidade das a??es na AP, mas, a necessidade de uma qualifica??o e forma??o continuada

Made available in DSpace on 2016-04-04T18:36:38Z (GMT). No. of bitstreams: 1 DIMAS ALCIDES GONCALVES.pdf: 1704869 bytes, checksum: ed684bcaf25f17313bcc59633ed897d4 (MD5) Previous issue date: 2008-05-29 / The Brazilian private sector economic education through a situation of structural retraction of their demand since the end of the last decade and the decision for new investment has become a major task of planning and direction. There are many instruments to reduce the risks of such decisions. The methodology of the analysis multricriterial (Method Multicriterial the Evaluation of Alternatives and Decision Support - MCDA) is one of them. This methodology is a strategy of information management and knowledge for companies. The goal of this dissertation is to provide a decision-making experience with use of the methodology adopted by an institution of education base of the private sector. / O setor econ?mico educacional privado brasileiro passa por uma situa??o de retra??o estrutural de sua demanda desde o final da d?cada passada e com isso a tomada de decis?o para novos investimentos tem se tornado uma grande tarefa de planejamento e dire??o. V?rios instrumentos s?o utilizados para diminuir o grau de risco dessas decis?es. A metodologia da an?lise multricriterial (M?todo Multicriterial de Avalia??o de Alternativas e Apoio a Decis?o MCDA) ? uma delas. Essa metodologia comp?e-se numa estrat?gia da gest?o da informa??o e do conhecimento para as empresas. O objetivo dessa disserta??o ? apresentar uma experi?ncia de tomada de decis?o com a utiliza??o dessa metodologia adotada por uma institui??o de ensino regular b?sico do setor privado.

Made available in DSpace on 2016-04-04T18:36:44Z (GMT). No. of bitstreams: 1 Silvio Dobelin.pdf: 938715 bytes, checksum: aedc3f94933d7611d05d90cbe562ba5c (MD5) Previous issue date: 2004-02-13 / Strategy is a process that consists in define where are the organization in a internal, external and positional view. It also consists in define what are their objectives, what are the alternatives to reach then and which of then the organization will choose. This stage, where the organization choose one alternative among many others, acording to a objective is know how the decision making process, in this case, strategic decison making. To all this activities, information is a basic resourse, and once this information is related to bussines, this is called bussines information. Considering the benefits that this information can represent to the organizations, become very important identify the informations sources, what are the informations that these sources make available, what are theses informations attributes, basicly their quality, e what are the costs to obtain these informations. Because of this, was choosen the Regi?o Metropolitana de Campinas like a geografic area to develop this study, by reason of theirs characteristics like dynamism, social, technological and economical development. In this region, where selected institutes that are sources of business information, having recognition and representativity in industry, commerce and sevices , or in representative business in region. Once selected the institutes, where identified one person in each, which are interviewed. In Campinas interviews where done in Sebrae, Acic and Fiesp/Ciesp. In Holambra, that is a city that produces flowers and plants, the interview was in Veiling Holambra. In Americana, which main activity is the textile industry, the interview was in Sinditec. Then, analizing this interviews was possible know what informations these sources make available e at which cost or difficultly to access and what are these information characteristics, and, through the studied bibliography, was possible to conclude how these informations can be important in the strategical process and in the decision making process in a organization. / A estrat?gia ? um processo que consiste em definir onde a organiza??o se encontra do ponto de vista interno, externo e de posicionamento. Ela consiste tamb?m em definir quais s?o os objetivos, quais as alternativas para alcan??-los e que alternativa a organiza??o ir? escolher. Essa etapa de escolha de uma alternativa entre v?rias de acordo com um objetivo ? conhecida como processo de tomada decis?o, e no caso, tomada de decis?o estrat?gica. Para todo esse conjunto de atividades a informa??o ? elemento fundamental, e por se tratar de informa??es relacionadas com as empresas, essas informa??es s?o conhecidas como informa??es para neg?cios. Em virtude dos benef?cios que essas informa??es podem representar para as organiza??es torna-se importante identificar fontes de informa??es, quais s?o as informa??es que elas disponibilizam, quais os atributos dessas informa??es, basicamente sua qualidade, e quais os custos para a obten??o dessas informa??es. Para tanto, foi escolhida a Regi?o Metropolitana de Campinas como ?rea para estudo em virtude de suas caracter?sticas de dinamismo, desenvolvimento econ?mico, tecnol?gico e social. Nessa regi?o foram selecionadas as sociedades civis e entidades de classe que fossem fornecedoras de informa??o para neg?cios e que tivessem reconhecimento e uma boa representatividade dentro da ind?stria, com?rcio e servi?os ou em p?los representativos dentro da regi?o. Depois de selecionadas as institui??es, foram identificadas pessoas chaves dentro de cada uma delas, as quais foram entrevistadas. Assim, na cidade de Campinas foram feitas entrevistas no Sebrae, na Acic e na Fiesp/Ciesp. Na cidade de Holambra, que ? um p?lo de produ??o de flores e plantas ornamentais, a entrevista foi realizada no Veiling Holambra. Em Americana, cuja atividade que se destaca ? a ind?stria t?xtil foi feita entrevista no Sinditec. Ent?o, com a an?lise dessas entrevistas foi poss?vel identificar que informa??es essas fontes disponibilizam e qual o seu custo ou dificuldade de acesso e quais as suas caracter?sticas, e ainda, atrav?s da bibliografia estudada, p?de-se concluir de que forma essas informa??es poderiam ser relevantes na quest?o da estrat?gia e da tomada de decis?o numa organiza??o.

Submitted by Elba Lopes (elba.lopes@fecap.br) on 2017-08-15T19:54:39Z No. of bitstreams: 2 MARCOS ANTONIO DA SILVA.pdf: 391290 bytes, checksum: 13a7f180e4ffc72715375afc7cd9eb64 (MD5) license_rdf: 0 bytes, checksum: d41d8cd98f00b204e9800998ecf8427e (MD5) / Made available in DSpace on 2017-08-15T19:54:39Z (GMT). No. of bitstreams: 2 MARCOS ANTONIO DA SILVA.pdf: 391290 bytes, checksum: 13a7f180e4ffc72715375afc7cd9eb64 (MD5) license_rdf: 0 bytes, checksum: d41d8cd98f00b204e9800998ecf8427e (MD5) Previous issue date: 2017-02-21 / Many studies have analyzed the capital structure of companies and how to best fund their activities, whether through equity or third-party capital. Most of the papers is devoted to identifying its determinants or analyzing specific sectors. The present study aims to verify if the indebtedness of Brazilian companies changed during the 2008 financial crisis. For this purpose, a sample of 90 Brazilian companies listed on BM &FBovespa was analyzed by average test and linear regression (OLS) . The results indicated a significant increase in the level of gross debt in the period between the third quarter of 2008 and the fourth quarter of 2009 and a significant increase in net debt in the period between the third quarter of 2008 and the second quarter of 2009. / Muitos estudos analisaram a estrutura de capital das empresas e qual a melhor forma de financiar suas atividades, seja essa por meio de capital pr??prio ou de capital de terceiros. A maioria dos trabalhos dedica-se a identificar seus determinantes ou analisar setores espec??ficos.O presente estudo tem o objetivo de verificar se o endividamento das empresas brasileiras alterou-se durante a crise financeira de 2008. Para tanto, analisou-se uma amostra de 90 empresas brasileiras listadas na BM&FBovespa por meio de teste m??dia e regress??o linear (MQO). Os resultados indicaram aumento significantes no n??vel de endividamento bruto no per??odo entre o terceiro trimestre de 2008 e o quarto trimestre de 2009 e aumento significativo no endividamento l??quido no per??odo entre o terceiro trimestre de 2008 e o segundo trimestre de 2009.

Made available in DSpace on 2014-12-17T15:53:14Z (GMT). No. of bitstreams: 1 JosueLR.pdf: 390948 bytes, checksum: 7300e4a411e986ff09cb4dd3c5f37a2e (MD5) Previous issue date: 2005-08-29 / This study has as main objective to verify the effect of the tax and financial incentives granted by the brazilian states, specially in the reduction of ICMS on the investment decision of the entities, which in the last years led to the companies to decide new projects in based on the region that presented the better infrastructure beyond lesser tributary expense. For in such was made an economic valuation of the companies with focus in the beneficiary s optics using an adaptation of the Discounted Cash Flow method to measure the impact of the tax incentives in the value of the companies, this study selected the textile industry segment located in the State of Rio Grande do Norte, Brazil. The results indicated that such incentives created addition in the value of the companies, however the inexistence of incentives would not be enough to a negative decision of investment in the Rio Grande do Norte. The smallest difference between the value with and without incentive observed was 8.9%, and the biggest 31.7%, and the average of value aggregation with the tax incentives represented 18.9% / Este estudo tem como objetivo principal verificar o efeito dos incentivos fiscais e financeiros concedidos pelos Estados brasileiros, em especial a redu??o de ICMS, na decis?o de investimento das entidades, que tem, nos ?ltimos anos, levado as empresas a decidirem seus novos projetos em fun??o da regi?o que tiver melhor infra-estrutura, al?m de menor gasto tribut?rio. Para tanto, foi efetuada a avalia??o econ?mica das empresas, com foco na ?tica do benefici?rio, utilizando-se uma adapta??o do m?todo de Fluxo de Caixa Descontado, para mensurar o impacto dos incentivos fiscais no valor das empresas, sendo selecionado o segmento da ind?stria t?xtil, localizado no Estado do Rio Grande do Norte, Brasil. Os resultados encontrados indicam que tais incentivos provocam acr?scimo no valor das empresas, entretanto a inexist?ncia de incentivos n?o seria suficiente para que a decis?o de investimento no Rio Grande do Norte fosse negativa. A menor diferen?a entre o valor com e sem incentivo observada foi de 8,9%, a maior foi 31,7% e a m?dia de agrega??o de valor com o incentivo fiscal foi de 18,9%