The Influence of Internationalization on Credit Ratings: an Analysis of Brazilian Companies

Autor:	Rodolfo Coelho Prates, Marcos Wagner da Fonseca
Jazyk:	English<br />Spanish; Castilian<br />Portuguese
Rok vydání:	2023
Předmět:	Classificação de crédito risco internacionalização modelo de escolhas ordenadas Political science Political institutions and public administration (General) JF20-2112
Zdroj:	Revista de Ciências da Administração : RCA, Vol 25, Iss 65 (2023)
Druh dokumentu:	article
ISSN:	2175-8077 1516-3865
DOI:	10.5007/2175-8077.2023.e70312
Popis:	We investigate the relationship between internationalization and the credit rating of Brazilian companies. The data was obtained from a banking institution that periodically rates its account holders. An econometric analysis was conducted using ordered choice models. The constructed model used risk rating as the dependent variable and financial variables as independent variables. The variable of interest, internationalization, measured by exports or imports, was found to be statistically significant, and it is observed that companies with international activity are more likely to be better classified in relation to risk, that is, they pose less risk to a banking institution.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/df5ba79118ae4131947455d9d79e3bbe Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF