Do Investments in Innovation and Quality Management Systems Ensure Superior Financial Performance? A Quantitative Study of Brazilian Publicly Traded Companies
Autor(a) principal: | |
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Data de Publicação: | 2022 |
Outros Autores: | , , |
Tipo de documento: | Artigo |
Idioma: | eng por |
Título da fonte: | BBR. Brazilian Business Review (English edition. Online) |
Texto Completo: | http://www.bbronline.com.br/index.php/bbr/article/view/727 |
Resumo: | Investments in innovation and quality management systems have long been presented as tools that can boost organizational performance. In Brazil, empirical, systematic, and rigorous research on such relations on such relations is still scarce. Given this context, this study sought to verify, using multiple linear regressions, how investments in innovation, and adoption of the ix igma methodology and ISO 9001 certification, impacted the financial performance, in terms of profitability, of the 101 Brazilian publicly traded companies comprising the study sample in fiscal year 2019. Regression results shows evidence that Brazilian publicly traded companies are having little success in regards to financial results by their six sigma efforts, and that R&D efforts and ISO 9001 certification exert positive and significant impact on profitability, via the ROA index. The interaction between ISO 9001 and R&D came close to significance, indicating a possible synergistic effect to be tested in future studies. Besides contributions to the entrepreneurial field, aiding companies to direct their efforts toward initiatives capable of positively impacting profitability, such findings also help advance academic knowledge. |
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Do Investments in Innovation and Quality Management Systems Ensure Superior Financial Performance? A Quantitative Study of Brazilian Publicly Traded CompaniesInvestimentos em Inovação e Sistemas de Gestão da Qualidade Asseguram Desempenho Financeiro Superior? Um Estudo Quantitativo em Empresas Brasileiras de Capital AbertoInnovationQuality Management SystemsPerformanceInovaçãoSistemas de Gestão da QualidadeDesempenhoInvestments in innovation and quality management systems have long been presented as tools that can boost organizational performance. In Brazil, empirical, systematic, and rigorous research on such relations on such relations is still scarce. Given this context, this study sought to verify, using multiple linear regressions, how investments in innovation, and adoption of the ix igma methodology and ISO 9001 certification, impacted the financial performance, in terms of profitability, of the 101 Brazilian publicly traded companies comprising the study sample in fiscal year 2019. Regression results shows evidence that Brazilian publicly traded companies are having little success in regards to financial results by their six sigma efforts, and that R&D efforts and ISO 9001 certification exert positive and significant impact on profitability, via the ROA index. The interaction between ISO 9001 and R&D came close to significance, indicating a possible synergistic effect to be tested in future studies. Besides contributions to the entrepreneurial field, aiding companies to direct their efforts toward initiatives capable of positively impacting profitability, such findings also help advance academic knowledge.Investimentos em inovação e sistemas de gestão da qualidade há muito tempo têm se apresentado como instrumentos impulsionadores do desempenho organizacional. No Brasil, pesquisas empíricas, sistemáticas e rigorosas que investiguem tais relações ainda são pouco exploradas. Tendo em vista o panorama descrito, este estudo objetivou verificar, por meio de regressões lineares múltiplas, como investimentos em inovação, adoção da metodologia seis sigma e adoção da certificação ISO 9001 impactam o desempenho financeiro, em termos de lucratividade das 101 empresas brasileiras de capital aberto que compuseram a amostra deste estudo no exercício de 2019. Os resultados das regressões demonstram indícios de que as empresas brasileiras de capital aberto estão obtendo pouco êxito em termos de resultados financeiros através de seus esforços em Seis Sigma e que esforços em P&D e a certificação ISO 9001 exercem impacto positivo e significante na lucratividade, por meio do índice ROA. Além disso, a interação entre ISO 9001 e P&D chegou próximo da significância, indicando um possível efeito sinergético a ser testado em estudos futuros. Além da contribuição para o campo empresarial, auxiliando empresas a direcionarem seus esforços para iniciativas capazes de impactar positivamente a lucratividade, tais achados contribuem também para o avanço do conhecimento acadêmico.FUCAPE Business Shool2022-09-14info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionPeer-reviewed ArticleArtigo revisado pelos paresapplication/pdfapplication/pdfhttp://www.bbronline.com.br/index.php/bbr/article/view/72710.15728/bbr.2022.19.6.6.enBrazilian Business Review; Vol. 19 No. 6 (2022): November to December 2022; 685-708Brazilian Business Review; v. 19 n. 6 (2022): Novembro a Dezembro 2022; 685-7081808-23861807-734Xreponame:BBR. Brazilian Business Review (English edition. Online)instname:Fucape Business School (FBS)instacron:FBSengporhttp://www.bbronline.com.br/index.php/bbr/article/view/727/1093http://www.bbronline.com.br/index.php/bbr/article/view/727/1094Copyright (c) 2022 Brazilian Business Reviewhttp://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessBernardino, LisFigueiredo, PauloJesus, AbelFilho, Flávio2022-11-01T18:54:49Zoai:ojs.pkp.sfu.ca:article/727Revistahttps://www.bbronline.com.br/index.php/bbr/indexONGhttp://www.bbronline.com.br/index.php/bbr/oai|| bbronline@bbronline.com.br1808-23861808-2386opendoar:2022-11-01T18:54:49BBR. Brazilian Business Review (English edition. Online) - Fucape Business School (FBS)false |
dc.title.none.fl_str_mv |
Do Investments in Innovation and Quality Management Systems Ensure Superior Financial Performance? A Quantitative Study of Brazilian Publicly Traded Companies Investimentos em Inovação e Sistemas de Gestão da Qualidade Asseguram Desempenho Financeiro Superior? Um Estudo Quantitativo em Empresas Brasileiras de Capital Aberto |
title |
Do Investments in Innovation and Quality Management Systems Ensure Superior Financial Performance? A Quantitative Study of Brazilian Publicly Traded Companies |
spellingShingle |
Do Investments in Innovation and Quality Management Systems Ensure Superior Financial Performance? A Quantitative Study of Brazilian Publicly Traded Companies Bernardino, Lis Innovation Quality Management Systems Performance Inovação Sistemas de Gestão da Qualidade Desempenho |
title_short |
Do Investments in Innovation and Quality Management Systems Ensure Superior Financial Performance? A Quantitative Study of Brazilian Publicly Traded Companies |
title_full |
Do Investments in Innovation and Quality Management Systems Ensure Superior Financial Performance? A Quantitative Study of Brazilian Publicly Traded Companies |
title_fullStr |
Do Investments in Innovation and Quality Management Systems Ensure Superior Financial Performance? A Quantitative Study of Brazilian Publicly Traded Companies |
title_full_unstemmed |
Do Investments in Innovation and Quality Management Systems Ensure Superior Financial Performance? A Quantitative Study of Brazilian Publicly Traded Companies |
title_sort |
Do Investments in Innovation and Quality Management Systems Ensure Superior Financial Performance? A Quantitative Study of Brazilian Publicly Traded Companies |
author |
Bernardino, Lis |
author_facet |
Bernardino, Lis Figueiredo, Paulo Jesus, Abel Filho, Flávio |
author_role |
author |
author2 |
Figueiredo, Paulo Jesus, Abel Filho, Flávio |
author2_role |
author author author |
dc.contributor.author.fl_str_mv |
Bernardino, Lis Figueiredo, Paulo Jesus, Abel Filho, Flávio |
dc.subject.por.fl_str_mv |
Innovation Quality Management Systems Performance Inovação Sistemas de Gestão da Qualidade Desempenho |
topic |
Innovation Quality Management Systems Performance Inovação Sistemas de Gestão da Qualidade Desempenho |
description |
Investments in innovation and quality management systems have long been presented as tools that can boost organizational performance. In Brazil, empirical, systematic, and rigorous research on such relations on such relations is still scarce. Given this context, this study sought to verify, using multiple linear regressions, how investments in innovation, and adoption of the ix igma methodology and ISO 9001 certification, impacted the financial performance, in terms of profitability, of the 101 Brazilian publicly traded companies comprising the study sample in fiscal year 2019. Regression results shows evidence that Brazilian publicly traded companies are having little success in regards to financial results by their six sigma efforts, and that R&D efforts and ISO 9001 certification exert positive and significant impact on profitability, via the ROA index. The interaction between ISO 9001 and R&D came close to significance, indicating a possible synergistic effect to be tested in future studies. Besides contributions to the entrepreneurial field, aiding companies to direct their efforts toward initiatives capable of positively impacting profitability, such findings also help advance academic knowledge. |
publishDate |
2022 |
dc.date.none.fl_str_mv |
2022-09-14 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article Artigo revisado pelos pares |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://www.bbronline.com.br/index.php/bbr/article/view/727 10.15728/bbr.2022.19.6.6.en |
url |
http://www.bbronline.com.br/index.php/bbr/article/view/727 |
identifier_str_mv |
10.15728/bbr.2022.19.6.6.en |
dc.language.iso.fl_str_mv |
eng por |
language |
eng por |
dc.relation.none.fl_str_mv |
http://www.bbronline.com.br/index.php/bbr/article/view/727/1093 http://www.bbronline.com.br/index.php/bbr/article/view/727/1094 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2022 Brazilian Business Review http://creativecommons.org/licenses/by/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2022 Brazilian Business Review http://creativecommons.org/licenses/by/4.0 |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf application/pdf |
dc.publisher.none.fl_str_mv |
FUCAPE Business Shool |
publisher.none.fl_str_mv |
FUCAPE Business Shool |
dc.source.none.fl_str_mv |
Brazilian Business Review; Vol. 19 No. 6 (2022): November to December 2022; 685-708 Brazilian Business Review; v. 19 n. 6 (2022): Novembro a Dezembro 2022; 685-708 1808-2386 1807-734X reponame:BBR. Brazilian Business Review (English edition. Online) instname:Fucape Business School (FBS) instacron:FBS |
instname_str |
Fucape Business School (FBS) |
instacron_str |
FBS |
institution |
FBS |
reponame_str |
BBR. Brazilian Business Review (English edition. Online) |
collection |
BBR. Brazilian Business Review (English edition. Online) |
repository.name.fl_str_mv |
BBR. Brazilian Business Review (English edition. Online) - Fucape Business School (FBS) |
repository.mail.fl_str_mv |
|| bbronline@bbronline.com.br |
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