The Role of Internal and External Factors in the Performance of Brazilian Companies and its Evolution
نویسندگان
چکیده
This work studies the variance of the return over assets (ROA) of 1,664 Brazilian organizations between 1996 and 2003. This variance is divided into in factors associated with differences between business units, imdustries and economic conditions. The model is also calculated dividing the overall period into four year intervals so as to follow the evolution of the factors over the years. Results show that the main source of the variation in the performance can be attributed to differences among companies. The weight of this element increases over time. Surprisingly, considering the many and frequent crises suffered in the last couple of years, the role of the economic climate is slight and similar to that found by other authors for the American market.
منابع مشابه
The Effects of Intra- and Extra-Organizational Factors on Management Accounting Practices in the Privatization Processes: Evidence from Iran
The specific aim of this academic study is to investigate the possible impacts of external and internal factors in the unique process of privatization on the changes of management accounting practices in listed companies of Tehran Stock Exchange which more than 51% of this companies' shares have been transferred to the private sector. For this purpose, a theoretical framework scientifically bas...
متن کاملA Model for Standardization/Adaptation Strategy Selection in the Irans Multinational Companies (MNCs)
Purpose-The research aims at evaluating the standardization/adaptation of international marketing strategy in Iran multinational companies (MNCs) based a model in which the impact of external environmental variables on the marketing mix internal variables (i.e. Product, Promotion, Price and Place) is considered, while in the previous researches no attempt was done to examine the interdepende...
متن کاملبررسی عوامل درونی و بیرونی مؤثر بر استقرار بودجهریزی عملیاتی، در شرکتهای مادر تخصصی و ارائهی راهکارهای عملیاتی و اجرایی
The pillars of any successful management as a service institute in any system, whether public or private are laid on three major factors, namely Programming, Executing, and Supervising. Budgeting (especially performance budgeting) is deemed as a main element of planning. Supervising on how it is executed and the evaluation of the results, generally known as performance evaluation and operationa...
متن کاملFactors Affecting the Internal Audit Effectiveness in the Viewpoint of Audit Committee Members
Objective: Thisresearch has studied the effect of five main factors including competence of internal audit department, size of internal audit department, relationship between internal and external audit, management support for internal audit, and independence of internal audit on the internal audit effectiveness in companies that listed in the Tehran Stock Exchange in 2017. Methods: Data was c...
متن کاملبررسی رعایت و کاربرد استانداردهای ایمنی و بهداشت حرفهای با استفاده از ماتریس ارزیابی عوامل داخلی و خارجی (SWOT)
Introduction: In today comparative markets, the organizations and companies will be success that adopt the standards related to their all works and services. By thechnalization and machinism, we are witnessed of higher rate of industrial accidents as well as economic losses in everyday activities. Therefore, the need for occupational safety and health standards is future required, otherwise, a ...
متن کامل