CONSTRUCTION OF AN ECONOMIC AND FINANCIAL INDICATOR OF CORPORATE INVESTMENT GRADE: AN INTEGRATED APPROACH

• Autor(a) principal: Guth, Sergio Cavagnoli
• Data de Publicação: 2011
• Outros Autores: Fernandes, Antonio Jorge, Pereira, Elizabeth Teixeira
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Revista Universo Contábil
• Texto Completo: https://ojsrevista.furb.br/ojs/index.php/universocontabil/article/view/2600
• topic: Investment grade. Indicator. Corporations.; grau de investimento; indicador; corporações.

In an economic competitive and globalized context, organizations need to evolve in order to adapt to the changes the environment imposes them, searching for sustainability and longevity. As the pace of the changes increase, the durability of the business’ strategies decreases, occasioning the necessity of interrupt transformations, having permanent restructuration processes. The goal of this study is to analyze the correlations and the regression models derived from the  economic and financial indicators coming from profitability, income, liquidity and debt, based on the corporations that had the investment grade certification in 2008, issued by Standard & Poor's, Moody's and Fitch Ratings. The proposed methodology for the configuration of this study is typically quantitative, based on statistical analysis of correlation and regression. It was found through this study that variables can serve as basis for constructing an economic and financial indicator of the investment grade.