INFLUENCE OF THE INTERNATIONALIZATION OF BRAZILIAN COMPANIES IN VALUE CREATION

• Autor(a) principal: Petry, Jonas Fernando
• Data de Publicação: 2014
• Outros Autores: Brizolla, Maria Margarete Baccin, Herculano, Harlan de Azevedo, Hein, Nelson
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Revista Eletrônica de Estratégia e Negócios
• Texto Completo: https://portaldeperiodicos.animaeducacao.com.br/index.php/EeN/article/view/1646
• topic: Internationalization; Capital structure; Risk; Value creation for shareholders.; Internacionalización; Estructura de capital; Riesgo; Creación de valor para accionistas.; Internacionalização; Estrutura de capital; Risco; Criação de valor para os acionistas.

The study aims to analyze the relationship between the level of internationalization of Brazilian companies and the creation of value for shareholders of these organizations. For this descriptive study, a collection of variables were used in applying the model. These variables are from companies listed on the BM&FBovespa and the data was collected in Multinational Value magazine. The sample is considered non-probabilistic intentional and constitutes the basis of identification for 26 most internationalized companies in 2010, listed on the BM&FBovespa. In this study, the item of internationalization is considered as a dependent variable and the sub-items as independent variables. We evaluate that the simple regression model is better to analyze the object of study by SPSS software. The result indicates that the higher the level of internationalization of Brazilian companies, the higher the shareholder value and the profitability.