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Eficiência financeira e desempenho exportador: uma abordagem empírica: uma abordagem empírica

uma abordagem empírica

Marisol Valencia Cárdenas | Biografia
Tecnológico de Antioquia Institución Universitaria
Luisa Fernanda Londoño Montoya | Biografia
Universidade de Antioquia
Juan Gabriel Vanegas López | Biografia
Instituto Universitário Tecnológico de Antioquia
Luisa Fernanda Londoño Montoya | Biografia
Universidade de Antioquia
Diego Alejandro López Cadavid | Biografia
Tecnológico de Antioquia Institución Universitaria
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Resumo

Considerando o crescimento dos negócios internacionais em consequência da globalização das economias, este estudo tem como objetivo avaliar a relação entre as exportações e a eficiência financeira de um grupo de empresas colombianas durante o período compreendido entre 2007 e 2015. Para isso, utilizou-se modelos lineais mistos e modelos estocásticos de fronteiras eficientes para identificar a importância do ativo circulante, a rentabilidade líquida do ativo e a duração das empresas. Desta maneira, os resultados mostraram uma contribuição positiva do ativo comum contra o desempenho exportador, enquanto que a rentabilidade líquida do ativo e a duração das empresas obtiveram um comportamento negativo sobre este. O fato de que a importância do ativo comum guarde uma relação positiva com o desempenho exportador, indica que a medida que aumenta o valor exportado, aumenta o ativo comum, provavelmente através das contas de inventario e contas a cobrar. Igualmente, que a rentabilidade sobre os ativos tenha uma relação negativa mostra que é possível que as empresas estejam incorrendo em altos custos de exportação que fazem diminuir suas utilidades e consequentemente sua rentabilidade.

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Como Citar
Valencia Cárdenas, M., Londoño Montoya , L. F., Vanegas López , J. G., Londoño Montoya , L. F., & López Cadavid, D. A. (2021). Eficiência financeira e desempenho exportador: uma abordagem empírica. Semestre Económico, 24(56), 77-103. https://doi.org/10.22395/seec.v24n56a3

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