This paper analyzes the stock return behavior in domestic and international markets when companies from Brazil and Argentina have their stocks cross-listed in domestic Stock Exchange and International Stock Exchange. It also analyzes evidences of Market Segmentation Hypothesis in Brazilian stock...

The purpose of this article is to investigate to what extent Michael Porter;s ideas keep attracting the interest of Brazilian researchers vis-à-vis other possibilities. In this research, we conceptualize Porter’s paradigm by the the following elements: strategic groups, generic strategies,...

Defendants of state-owned development banks emphasize their role in reducing capital constraints and fostering productive investment; detractors point out that they may benefit politically connected capitalists or bail out inefficient firms. We study the effect of loans and equity investments of...

This article combines the institutional theory and political economy approaches to test hypotheses about how transitions in institutional environments affect the performance of Business Groups. Its primary hypothesis is that the different types of political connections established by Business...

Cooperative is an organizational form of collective property which obeys a series of universal principles for leading the administration. The incomplete separation between property and control and the difficult access to the generated residues result in specific problems and hinder managerial...