Asset divestments, economic crisis, and the future performance of companies

Autor:	Simone Dias de Moraes, Silvania Neris Nossa, Nádia Cardoso Moreira, Talles Vianna Brugni
Jazyk:	English<br />Spanish; Castilian<br />Portuguese
Rok vydání:	2022
Předmět:	economic crisis financial restrictions performance investments divestments Commerce HF1-6182 Economic theory. Demography HB1-3840
Zdroj:	Contextus, Vol 20 (2022)
Druh dokumentu:	article
ISSN:	1678-2089 2178-9258
DOI:	10.19094/contextus.2022.78644
Popis:	This paper investigated the impact of asset divestments made by financially constrained companies on their future performance, as well as their potential for reversing past losses. After applying the pairing of the companies listed, the estimation of the relationships of the variables took place through GMM and LOGIT. The research findings indicate that there is evidence that the sale of assets by companies with financial constraints contributes to future performance. A contribution of this research is for managers who have empirical results that have not yet been discussed in the Brazilian literature and that can serve as support in decision-making on the policy of selling or maintaining assets
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/70a83de0365a43b9914fa361634c4886 Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF