Return on equity determinants and Covid-19 pandemic impacts on Latin America companies: A panel data study

Autor:	Claudia Lebre-Rodrigues, Wilson Toshiro Nakamura, Johnny Silva Mendes
Jazyk:	English<br />Spanish; Castilian<br />Portuguese
Rok vydání:	2023
Předmět:	ROE determinants Covid-19 Latin America panel data fixed effects regression Commerce HF1-6182 Economic theory. Demography HB1-3840
Zdroj:	Contextus, Vol 21 (2023)
Druh dokumentu:	article
ISSN:	1678-2089 2178-9258
DOI:	10.19094/contextus.2023.82315
Popis:	This research investigates the determinants of ROE and the impact caused by the Covid-19 pandemic on public companies in Latin America. The fixed effects regression model with panel data is used to identify that factors related to sales policies and cost controls are the ones that contribute the most to ROE performance, regardless of the period. On the other hand, the level of indebtedness and macroeconomic indicators are not significant, strengthening the finding that the operational and internal decisions of the company contribute more strongly to maximizing shareholder returns. This verification helps financial managers in directing decisions and expands academic knowledge on this topic.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/41e1c96218e4424e8c2e434e517d96ee Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF