5 articles in this issue
Caio Almeida,Elaine Fang
This paper investigates hedge funds’ exposures to various risk factors across different investment strategies through models with both linear and second-order factors. We extend the analysis from an augmented linear model based on Fama & French (1993... see more
Otavio Dias Freitas,Guilherme Kirch
In the context of digitalization of the Brazilian banking system, the present study evaluates how the investment in technology affects the performance of financial institutions. Many studies have evaluated the impact of digitalization on banks’ resul... see more
Alberto Granzotto,Igor Bernardi Sonza
The present work sought to identify the influence of the control structure of the major shareholder on the accounting and market performance of listed and delisted Brazilian companies traded only on B3, as compared to those with a double listing with... see more
Breno Augusto de Oliveira Silva,Daniel Ferreira Caixe,Elizabeth Krauter
This study aimed to investigate the investment-cash flow sensitivity for Brazilian companies with different levels of corporate governance. Investment models were estimated through System Generalized Method of Moments (GMM-Sys) for longitudinal ... see more
Mariana Lanner de Araujo Simon,Jairo Laser Procianoy,Roberto Frota Decourt
This paper studies the determinants of the dividend policy of Brazilian financial institutions, in a sample of banks with commercial credit portfolios listed in B3 from 2000 to 2017, totaling 245 observations, using panel data with fixed effects... see more