Determinants of Debt: an Empirical Study of the Brazilian Telecommunications Sector

被引：0

作者：

dos Prazeres, Rodrigo Vicente ^{[1
]}

Barreto Sampaio, Yony Sa ^{[1
]}

Teixeira Lagioia, Umbelina Cravo ^{[1
]}

dos Santos, Josete Florencio ^{[1
]}

Miranda, Luiz Carlos ^{[1
]}

机构：

[1] Univ Fed Pernambuco UFPE, Av Prof Moraes Rego,1235 Cidade Univ, BR-50670901 Recife, PE, Brazil

来源：

CONTABILIDADE GESTAO E GOVERNANCA | 2015年 / 18卷 / 02期

关键词：

Debt; Static Trade-Off Theory; Pecking Order Theory; Telecommunications Industry;

D O I：

暂无

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

We examine the debt determinants of publicly held telecommunications companies in Brazil from the perspective of Static Trade-Off Theory (STT) and Pecking Order Theory (POT). The study was conducted applying multiple regression analysis to panel data for the period 2002 to 2013, with short-term debt and long-term debt as dependent variables and profitability, tangibility, growth, size and risk as independent variables. Results revealed that profitability, size and risk are negative related to the short-term debt of these companies, and size and risk are negatively related to their long-term debt.

引用

页码：139 / 159

页数：21

共 50 条

[1] Privatization and efficiency in Brazilian telecommunications:: an empirical study
Resende, M
Façanha, LO
[J]. APPLIED ECONOMICS LETTERS, 2002, 9 (12) : 823 - 826
[2] Determinants of Dividends in the Telecommunications Sector
Duarte Neves, Maria Elisabete
Cunha, Maria Manuela
Vilas, Joao
[J]. RBGN-REVISTA BRASILEIRA DE GESTAO DE NEGOCIOS, 2020, 22 (03): : 669 - 685
[3] Income distribution and the diffusion of networks: An empirical study of Brazilian telecommunications
Bohman, Helena
[J]. TELECOMMUNICATIONS POLICY, 2008, 32 (9-10) : 600 - 614
[4] Modelling of debt determinants in the agricultural sector
Kalas, Branimir
Mirovic, Vera
Pavlovic, Natasa
Dakovic, Milos
Indic, Milica
Milenkovic, Nada
Andrasic, Jelena
Pjanic, Milos
[J]. CUSTOS E AGRONEGOCIO ON LINE, 2023, 19 (03): : 65 - 82
[5] DETERMINANTS OF VOLUNTARY DISCLOSURE: A Study in the Brazilian Banking Sector
Forte, Lianny Maria
dos Santos Neto, Joao Batista
Nobre, Fabio Chaves
Nepomuceno Nobre, Liana Holanda
de Queiroz, Dimas Barreto
[J]. REVISTA DE GESTAO FINANCAS E CONTABILIDADE, 2015, 5 (02): : 23 - 37
[6] Determinants of merger and acquisition in the banking sector: an empirical study
Darayseh, Musa
Alsharari, Nizar Mohammad
[J]. MEDITARI ACCOUNTANCY RESEARCH, 2023, 31 (04) : 1093 - 1108
[7] A COMPARATIVE STUDY OF EBITDA AND OPERATING CASH FLOW IN BRAZILIAN COMPANIES OF THE TELECOMMUNICATIONS SECTOR
Moreira, Angelica Tavares
Coelho Jones, Graciela Dias
Tavares, Marcelo
Francisco de Almeida Fehr, Lara Cristina
da Silva Filho, Onofre Antonio
[J]. REVISTA DE GESTAO FINANCAS E CONTABILIDADE, 2014, 4 (03): : 5 - 22
[8] Debt Structure Determinants of Property Sector In Malaysia
Sahudin, Zahariah
Mahmood, Wan Mansor Wan
Rahim, Fahmi Abdul
Hamzah, Afzan Sahilla Mohd Amir
Shaari, Aminah
[J]. INNOVATION VISION 2020: FROM REGIONAL DEVELOPMENT SUSTAINABILITY TO GLOBAL ECONOMIC GROWTH, VOL I-VI, 2015, : 1967 - 1979
[9] AN EMPIRICAL STUDY ON PUBLIC DEBT'S DETERMINANTS: EVIDENCE FROM ROMANIA
Pirtea, Marilen Gabriel
Nicolescu, Ana-Cristina
Mota, Paulo R.
[J]. TRANSYLVANIAN REVIEW OF ADMINISTRATIVE SCIENCES, 2013, (38E) : 144 - 157
[10] Sustainable Software Engineering: An Empirical Study of the Brazilian Financial Sector
Moises de Souza, Ana Carolina
Reinehr, Sheila
Malucelli, Andreia
[J]. PRODUCT LIFECYCLE MANAGEMENT: GREEN AND BLUE TECHNOLOGIES TO SUPPORT SMART AND SUSTAINABLE ORGANIZATIONS, PT I, 2022, 639 : 115 - 129

← 1 2 3 4 5 →