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Copyright of GeSec: Revista de Gestao e Secretariado is the property of Sindicato das Secretarias e Secretarios do Estado de Sao Paulo (SINSESP) and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of International Journal of Professional Business Review (JPBReview) is the property of Open Access Publications LLC and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Revista Foco (Interdisciplinary Studies Journal) is the property of Revista Foco and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Brazilian Journal of Production Engineering / Revista Brasileira de Engenharia de Produção is the property of Brazilian Journal of Production Engineering and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

ABSTRACT: This study aims to analyze the determinants of private investment in Brazil from 1971 to 2019 based on the peculiarities of emerging economies. These economies have characteristics that are different from those observed in developed countries and constitute the axioms that support the empirical studies usually carried out on the subject. The uncertainty of the political-economic environment, the low availability of credit, the scarcity of foreign exchange, exchange rate policies, and the precariousness of infrastructure are factors that influence investment decisions in emerging economies. Therefore, they should be part of empirical studies. The results of the econometric analysis—based on the Autoregressive Vectors (VAR) methodology and the Error Correction Model (VECM)—indicate that, both in the short and long term, public investment complemented private sector investment (crowding-in effect). This result indicates that public sector investments were channeled into infrastructure or into areas in which the private sector had no interest or capacity to act. This effect is confirmed by the positive result that investments in infrastructure have on the private sector in Brazil.

ABSTRACT The general objective of this piece is to analyze the formulations developed by three interpretative strands of Keynes’ investment theory, specifically with regard to the interrelationships between real and monetary-financial variables. After highlighting the innovative character of Keynes’ formulation on the issue, the author goes through the approaches of neo-Keynesians (neoclassical synthesis), post-Keynesians, and New Keynesians, in an attempt to focus on the central question of the article, that is, to assess the existence or not of possible relationships between the new Keynesians and the two other approaches with regard to the links between finance and investment. In particular, the author aims to assess whether or not the formulations of the new Keynesians represent a convergence between neo and post visions.

The article seeks to study the Legal Framework for Startups by comparing its original bill (PL 146/2019) and the sanctioned version, Complementary Law 182/2021. The main practical changes to startup entrepreneurship are analyzed, as well as the conspicuous absences. Positive points are made about reducing bureaucracy and asset liability. Criticism is leveled at the failure to improve the tax regime for angel investors and the elimination of stock options. The data was analyzed using the deductive method, through the monographic procedure, using the bibliographic research technique in books, scientific articles and electronic sites. It was concluded that the advances are positive, but insufficient to promote Brazilian socio-economic development. [ABSTRACT FROM AUTHOR]

Copyright of Revista Producao Online is the property of Associacao Brasileira de Engenharia de Producao and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Journal of Management Analysis / Revista Gestão em Análise is the property of Revista Gestao em Analise and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The rise of the People’s Republic of China has spurred research into whether this rising power will end up colliding with the United States, following a pattern that Graham Allison has called Thucydides’ Trap. However, some of these studies depart from the idea that the State is a unified actor and that conflict is inherent to the international system. In other words, China will behave in the same manner as all western powers on the international stage. This article will sustain that it is impossible to analyse and/or infer the potential conduct of the People’s Republic of China without grasping its over 2000-year’s cultural heritage. The legacy of Confucianism enjoyed a rebirth in the People’s Republic of China since the 1990s. In this sense, the theoretical tool of constructivism is used to study that legacy and its impact on Chinese strategic thinking, which is also linked to Chinese traditions and can be observed in the dynamics of Wéiqí: the weakening of the adversary in order to obtain greater territorial control. To that effect, we observe how investment, trade and cultural penetration by China into the world has evolved in the last few years.

This research conducts a comprehensive analysis aimed at optimizing portfolios comprising 14 stocks listed on the Moroccan stock exchange. Our journey culminates in the construction of portfolios that are meticulously designed to maximize returns while prudently managing risk. These portfolios are the result of an exhaustive Monte Carlo simulation that explored over three million unique portfolio combinations. The simulations take into account the skewness and kurtosis of the return distributions, offering investors a robust framework for decision-making. We collected historical data for theses 14 stocks on the Moroccan market exchange by accessing 5 years' worth of historical data from investing.com.We explore the concepts of Modern Portfolio Theory (MPT), which forms the backbone of our approach, and we employ the power of mathematics and Python programming to bring forth insights that can inform sound investment decisions. The primary focus of this study centers on the incorporation of higher statistical moments from the returns of key financial indices, with a particular emphasis on their skewness and kurtosis characteristics. To achieve this goal, various evaluative criteria derived from these statistical parameters are introduced and thoroughly investigated. Within this research framework, we confront a spectrum of optimization challenges, including the maximization of skewness, and minimization of kurtosis.

El objetivo de este trabajo es analizar la industria de Administradores de Fondos de Pensiones (AFP) en Honduras y su impacto en el sistema económico y la Población Económicamente Activa (PEA) de la país. Para llevar a cabo esta investigación, se utilizó un enfoque transversal, utilizando fuentes bibliográficas y datos estadísticos de entidades gubernamentales hondureñas. El estudio se centra en el examen datos proporcionados por estas instituciones gubernamentales para analizar el comportamiento económico generado por los AFP. Los resultados revelan un crecimiento en las inversiones y en la generación de empleo para PEA, lo que indica un impacto positivo en la economía del país.

ABSTRACT The article analyzes Pemex’s investment policy for the period 1980-2019, based on the management of other oil companies. The central question is whether in the last four decades, it has been convenient for Pemex to be specialized in oil extraction, while other companies focused on the comprehensive development of the supply chain. The answer is negative. The sale of crude oil and the abandonment of refining made Mexico a net importer of fuels, a trend, which, today, is seeking to be reversed, in an environment of a high fiscal burden and high indebtedness of the company.

The southern zone of the department of Córdoba Colombia, for more than two decades has been promoting the cultivation of cocoa as a productive alternative in the replacement of illicit crops. There is no evidence of a study documenting the technical and economic characterization of the cocoa production system. The objective of this work was to analyze the production system from a technical and economic point of view. The sample is made up of 158 farmers selected at random. The information included aspects related to this production system in the municipalities of Montelíbano, Puerto Libertador, Tierralta and Valencia. The economic returns were obtained by the technique of the concession with producers with experience. The producers with an average age of 57 years of which 77% are male and 23% are women, about the educational level, basic primary predominates with 54% and 20% not having access to any level of schooling. The production model is that of family farming, average yields are 570 k/ha-1. The average income per year is 5,687,500 $/ha-1 the costs are 5,041,015 COP. per hectare which allows the generation of surpluses. The internal rate of return is 36% higher than the capital opportunity cost. It is concluded that with the local technology the costs are recovered, and generate surpluses for the producer of 1658,984 COP per hectare per year.

Copyright of Revista Foco (Interdisciplinary Studies Journal) is the property of Revista Foco and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

ABSTRACT This paper analyzes Japanese investments in Latin America, especially in Chile, Mexico, Argentina, Venezuela and Brazil. In addition, it discusses the possible impacts that the free trade agreements being implemented in the region would have on these investments.

Copyright of Revista Gestão & Tecnologia is the property of Revista Gestao & Tecnologia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Amazônia, Organizações e Sustentabilidade (AOS) is the property of Amazon, Organizations & Sustainability - AOS / Amazônia, Organizações e Sustentabilidade (AOS) and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Revista Pauta Geral is the property of Revista Pauta Geral and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Objective/Context: During the 20th century, Asia and Latin America had limited exchanges. However, this situation has changed significantly since the beginning of the 21st century. In this introductory contribution to the special issue of Colombia Internacional on Asian and Latin American relations, we reflect and critically assess the central debates concerning contemporary networks and meeting points between the two regions. Methodology: We employ a Global Political Economy (GPE) framework to provide an overview of the field. It focuses on the dynamics of production, trade, and finance power structures that have shaped interregional relations. Conclusions: We identified four areas that have dominated research on these regions. 1) China’s ever-increasing influence. 2) Trade and investment as drivers of interconnection. 3) Interregional cooperation approaches. 4) Different development paths. As a result of this analysis, we suggest that significant asymmetries between the two regions have influenced the relationship, leading to new centre-periphery relations. Originality: The article provides an original perspective to understand better the Asia-Latin America interregional relationship in the 21st century, identifies less studied phenomena, and proposes four avenues for a future research agenda.

The objective of this research is to analyze the sources of financing available for the sanitation sector in Brazil and to identify the main forms of financing effectively used by companies classified as Corporations in the sanitation sector. The results showed that, although quite different in terms of the size of the total assets, the capital structure of the companies is very similar, with low leverage and preponderance of third-party resources obtained through federal resources from Caixa Econômica Federal, funding via debentures and financing lines from the National Bank for Economic and Social Development (Banco Nacional de Desenvolvimento Econômico e Social – BNDES), as well as from Development Financial Institutions (DFI), among which the Inter-American Development Bank (IDB), the Agence Française de Développement (AFD) and the Japan International Cooperation Agency (Jica). Thus, public financing and financing through development banks is still the main source of funds for the sector, although funding via debentures is relevant and there is great room for diversification. The difficulty of financing from third-party resources leads to the prioritization of tariffs for the expansion of financing services, which can be an impediment to universalization, given the need to expand to areas with low population density and/or lower purchasing power. In this context, lengthening the terms of financing and reducing the cost of capital, encouraging the active participation of development banks as financing agents and providing greater legal and contractual security for companies in the sector are fundamental aspects to achieve the universalization of sanitation services intended by the new legal framework for basic sanitation.

ABSTRACT This article focused on the relationship between human capital (HC) and competitiveness in Russia. The study examined (1) the impact of investments in knowledge-intensive industries on the socio-economic development; (2) the impact of the share of employees; (3) the impact of religious factors on HC; and (4) the problems of forming H at innovative enterprises. At the national level, the investments in knowledge-intensive industries exert no effect on the country’s socio-economic development. The GDP growth was proved to be directly related to the people’s desire to improve their qualifications. The impact of cultural, educational, and health factors differ across regions.

This study aimed to estimate the return on investments of three population-level tobacco cessation strategies and three pharmacological interventions. The analysis included 124 low- and middle-income countries, and assumed a 10-year investment period (2021–2030). The results indicate that all six cessation programmes could help about 152 million tobacco users quit and save 2.7 million lives during 2021–2030. If quitters were followed until 65 years of age, 16 million lives could be saved from quitting. The combined investment cost was estimated at 1.68 United States dollars (US$) per capita a year, or US$ 115 billion over the period 2021–2030, with Caribbean countries showing the lowest investment cost at US$ 0.50 per capita a year. Return on investments was estimated at 0.79 (at the end of 2030) and 7.50 if benefits were assessed by the time quitters reach the age of 65 years. Disaggregated results by country income level and region also showed a return on investments less than 1.0 in the short term and greater than 1.0 in the medium-to-long term. In all countries, population-level interventions were less expensive and yielded a return on investments greater than 1.0 in the short and long term, with investment cost estimated at US$ 0.21 per capita a year, or US$ 14.3 billion over 2021–2030. Pharmacological interventions were more expensive and became cost beneficial over a longer time. These results are likely conservative and provide support for a phased approach implementing population-level strategies first, where most countries would reach break-even before 2030.

Se considera a los países de América Latina y el Caribe como una extensión natural de “la Ruta Marítima de la Seda” y participantes indispensables en la cooperación internacional de “la Franja y la Ruta”. En el siglo XXI, las relaciones económicas y comerciales entre China y la región han avanzado a pasos agigantados. Sin embargo, han salido a la luz unos problemas tales como el desequilibrio comercial y la estructura irracional de comercio y de inversión. “La Franja y la Ruta” apuesta por la conectividad global, lo que proporciona nuevas ideas y direcciones para resolver los problemas mencionados y nuevas oportunidades para el desarrollo de la cooperación económica y comercial entre China y América Latina y el Caribe. En el ámbito del comercio, es necesario optimizar la estructura comercial y promover la balanza comercial mediante la expansión de las importaciones de bienes no tradicionales de la región a China, la promoción del comercio de servicios y el desarrollo del comercio electrónico; en el ámbito de la inversión de China en la región, es necesario mejorar la estructura de la inversión directa mediante la inversión en la industria manufacturera y en la infraestructura, promover la diversificación de los objetos de la inversión mediante el apoyo financiero, y mejorar la capacidad y la voluntad de invertir de las empresas privadas y las PYME.

Copyright of Lua Nova is the property of CEDEC and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Social capital is akin to actual capital in that people with more money are typically better off and have easier access to investment opportunities. The purpose of the study is to determine how and why communities in Ifugao continue to invest in social capital in their cultural practices. Ethnography as a qualitative design, is the inquiry used in this study. Participant’s observation, along with interviews and coupled with focus group discussion are the tools used in collecting data. The data gathered were analyzed using thematic analysis. Findings revealed that majority of the performers and participants are above 55 years old, male, married, college graduates, government employees, and have a monthly salary of over 40,000 Php. Most of the attendees to Ifugao birthdays, engagements, weddings, and death wakes perceived that non-monetary benefits were achieved such as strengthening bonds between families and close friends, bridging links with faraway friends, and connecting relationships with other participants. In terms of investment, the wedding has a high cost, high return, and high return monetary value, while death has a low cost and high return monetary value. Ifugao (Tuwali) cultural community invest in social capital strengthen their families, friends, and communities’ bonds, connections, trust, and reciprocity.

A survey was conducted amongst a sample of Filipino retail investors residing in NCR. All at the ages of 21-60 with at least 1 year of investing experience in the Philippine stock market and cryptocurrency market. Risk Aversion, Long Term Investment Intention (LTII), and Short Term Investment Intention (STII) are the variables that were measured using Risk Aversion Scale and Investment Intentions Scale and moderation analysis of the setting of stocks and cryptocurrency was done. The study showed significant correlation of Risk Aversion and STII in the setting of cryptocurrency. The data manifested significant moderation in Risk Aversion and LTII in the setting of stock investing and Risk Aversion and STII in the setting of cryptocurrency investing.

Copyright of Revista Gestão & Tecnologia is the property of Revista Gestao & Tecnologia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Estudios Gerenciales is the property of Universidad ICESI and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Revista da Faculdade de Direito da Uerj is the property of Editora da Universidade do Estado do Rio de Janeiro (EdUERJ) and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Revista de Economia Contemporânea is the property of Revista de Economia Contemporanea and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Revista de Economia Contemporânea is the property of Revista de Economia Contemporanea and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Abstract The political and institutional crisis in Brazil from 2015, fueled largely by corruption probes and lawfare, had severe repercussions within the Brazilian construction and energy sectors. While many international investors withdrew from Brazil in this period, Chinese investment surged. This article accounts for the particular characteristics of Chinese investments, such as sectorial complementarities, risk assessment, market size attraction, and state-drivenness, which may explain this development.

The stock exchange, despite being dynamic and considered to be a risky asset, is capable way of yielding great financial gains to its investors. In this sense, this article presents methods developed through the mathematical models of Multivariate Markov Chains (CMM) and Multiple Linear Regression (MRL), to predict oscillations in the IBOVESPA index as a function of the indices of the American stock exchanges NYSE and NASDAQ. In order to maximize gains and reduce losses in the purchase and sale of shares held on the Brazilian stock exchange, a database of daily variation of the indices was used, covering the years 2019 and 2020, which were later applied to develop the transition matrices of CMM and the linear equation of RLM. Then, through the proposed models, the precision of each method was evaluated, as well as a simulation of financial return obtained based on the predicted results. It was found that the Multivariate Markov Chain method obtained greater precision and greater simulated profit, with an average of hits greater than 50% and 19% of financial return throughout the delimited period. [ABSTRACT FROM AUTHOR]

Copyright of Cadernos de Gestão Pública e Cidadania is the property of Fundacao Getulio Vargas, Escola Brasileira de Administracao Publica e de Empresas and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The National Program to Strengthen Family Farming (Pronaf), besides being a credit policy with specific conditions for family farming, is considered a milestone in the recognition of the social category. The program has been in existence for over twenty years in all regions of the country and is present in practically all municipalities. In this sense, recognizing the importance of the program for the promotion of family agriculture, the study aims to analyze the distribution of resources of the National Program to Strengthen Family Agriculture in the Region of the Fourth Italian Immigration Colony -RS, from 1999 to 2018. Specifically, it sought to: a) present the volume of resources accessed by family farmers; and b) verify whether farmers have accessed the resources for funding or investment. The study was carried out using the inductive method, through bibliographic research and analysis of secondary data obtained through the official site of the Central Bank of Brazil. The main results indicate the concentration of resources in the municipalities of Nova Palma, Restinga Sêca and Agudo, municipalities with the highest number of family farmers. Silveira Martins and São João do Polêsine also stand out, being the municipalities with the least access to Pronaf resources. In addition, most of the credit accessed by family farmers in the region is being used for funding, following a similar behavior when compared to the national level.

ABSTRACT ln this note the growth and welfare effects of fiscal and monetary policies are investigated in four economies where public investment is part of the productive process. It is shown that growth is maximized at positive levels of income tax and inflation but that there is no direct relationship between government size, productivity and growth or between inflation and growth. However, unless there are no transfers, no political conflict or public goods in the economy, maximization of growth does not imply welfare maximization and the optimal tax rate and government size are greater than those that maximize growth. Money is not superneutral and the optimal rate of money creation is below the maximizing rate of growth.

Copyright of Revista de Administraçãao da UNIMEP is the property of Revista de Administracao da UNIMEP and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of European Journal of Applied Business & Management is the property of ISAG - European Business School and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Abstract Purpose: To analyze how the Covid-19 has impacted the financing, capital structure, and investment policies of Brazilian companies from a behavioral finance perspective. Originality/value: The study focused on the behavioral finance literature, Prospect Theory, Big Five Theory, and Pecking Order Theory, in order to substantiate and explain the consequences of the emotions implicit in corporate decisions and their impacts on organizations during the Covid-19 crisis. Design/methodology/approach: A questionnaire was used, containing 26 questions spread over three sections: 1. investment, financing, and capital structure decisions made in the first half of 2020; 2. personality dimensions of the respondents; and 3. sociodemographic profiles of the respondents. A total of 120 responses was obtained and the ordinary least squares econometric model was applied to identify the influence of biases on corporate decisions. Findings: The results found showed that managers’ decisions have been influenced by heuristics and biases, especially decisions on starting new projects and raising funds, as it was found that overconfidence bias has prevailed in investment and financing decisions. The study also demonstrated that the decline in sales and lost profitability of Brazilian companies due to Covid-19 have led to bold behavior by managers, as they have sought to reverse the impacts of the pandemic. / Resumo Objetivo: Analisar como a Covid-19 tem impactado as políticas de financiamento, estrutura de capital e investimento das empresas brasileiras à luz das finanças comportamentais. Originalidade/valor: O estudo se debruçou sobre a literatura das finanças comportamentais, Teoria dos Prospectos, Teoria do Big Five e Teoria do Pecking Order, com o intuito de fundamentar e explicar as consequências das emoções implícitas nas decisões corporativas e os impactos nas organizações no momento de crise da Covid-19. Design/metodologia/abordagem: Foi utilizado um questionário com 26 perguntas distribuídas em três blocos: 1. decisões de investimentos, financiamentos e estrutura de capital tomadas no primeiro semestre de 2020; 2. dimensões de personalidade dos respondentes; 3. perfis sociodemográficos dos respondentes. Obtiveram-se 120 respostas, e aplicou-se o modelo econométrico mínimos quadrados ordinários para identificar a influência dos vieses nas decisões corporativas. Resultados: Os resultados encontrados evidenciaram que as decisões dos administradores têm sido influenciadas pelas heurísticas e pelos vieses, principalmente nas decisões de iniciação de novos projetos e captação de financiamento, pois identificou-se que o viés do excesso de confiança tem prevalecido nas decisões de investimento e financiamento. O estudo também demonstrou que as quedas nas vendas e as perdas na lucratividade das empresas brasileiras decorrentes da Covid-19 proporcionaram um comportamento arrojado nos administradores, já que eles buscaram reverter os impactos da pandemia.

BR-156 in Amapá state has provoked numerous debates about how public resources were being applied to this federal highway. There are decades of investments, and in each sphere, federal or state government through this period, measures have been taken without achieving success to complete the complete extension of approximately 600 kilometers. The development of the municipalities of Calçoene and Oiapoque has directly involved the completion of the highway; thus, this represents significant changes in the headquarters of both cities, creating expectations for improvement in planning and endogenous development. This article aims to demonstrate how there were several obstacles in a period between 2002 and 2016, stoppages and other pertinent problems related to the conceived planning and that affected the development of the cities of Oiapoque and Calçoene. [ABSTRACT FROM AUTHOR]

Copyright of Informe Gepec is the property of Informe Gepec and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Revista de Gestão, Finanças E Contabilidade is the property of Universidade do Estado da Bahia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Revista Agrotecnologia is the property of Universidade Estadual de Goias and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Revista de Economia Contemporânea is the property of Revista de Economia Contemporanea and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Purpose – The study establishes the determinants of investment in fixed broadband networks and, in particular, to evaluate the impact of economic competition on it, we present a panel model on fourteen countries, including four Latin American. The model uses quarterly data for the period from 2013 to 2018. Methodology – The adopted approach is based on the debate on the relationship between competition and investment, on economic theory, and on findings of studies on the association within investment and competition oriented to European countries and the United States. Findings – Derived from the results, evidence is provided on the existence of a positive relationship between competition and speed of fixed broadband services. The analysis identifies that competition, in services as well as between networks, is favorable for the investment of fixed broadband services. Likewise, the expansion of digital audiovisual entertainment services, the penetration of IoT services, and the higher penetration of mobile broadband, favorably influence investment in networks. Practical Implications – This result provides useful information for policy design in the telecommunications sector. Encouraging network expansion, some regulatory recommendations are to be presented. Additionally, this study provides information for countries that have not been included in this topic, specifically Mexico and others in the Latin American region.

ABSTRACT This research seeks to understand the relationship between the rate of profit and the exchange rate and how this relationship can impact the productive structure. We construct a theoretical model in which the exchange rate influences the rate of profit, and we argue that although an overvalued exchange rate could benefit sectors with high imported input coefficients in the short term because it reduces costs, it negatively impacts the demand for their products and also reduces the aggregatedemand; hence, an overvalued exchange rate could shrink the profit rate of these sectors in the medium term. In the Brazilian case, these sectors are the high technological-content manufacturing sectors.

The purpose of this paper is to investigate the impacts of financial crises on investments and financing of constrained and unconstrained Brazilian firms, specifically analyzing the impact of the 2008 subprime crisis and the 2015 Brazilian economic crisis. For this purpose, the companies were classified as constrained or non-constrained by the criterion of the existence or non-existence of ratings, using quarterly data between Q1 2007 and Q3 2016, and adopting the panel analysis as the method. The results indicate that only the Brazilian crisis of 2015 had a negative impact on corporate investments, with this impact being greater on constrained firms, with evidence that cash was more relevant to these firms. Regarding the impact of crises on leverage, the 2008 subprime crisis showed a greater negative impact on the leverage of constrained firms, accompanied by an increase in the proportion of short-term debt, mainly to these companies.

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Copyright of Revista de Economia Contemporânea is the property of Revista de Economia Contemporanea and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)