In accordance with the RBV (Resource Based View) approach, the main cause of the variety of performance of firms in the market resides in the specific nature of their resources and accumulated competences. Nevertheless, the tacit nature and, at the same time, the qualitative nature of the...

When economists seek explanations for what creates value, they come across two problems: how to define value creation and how to measure it. A measure designated economic value added (EVA) has been gaining prominence in the last two decades. This measure is purportedly a more appropriate...

Drawing on previous research in the Resource-Based View of the Firm, this study aimed at illustrating the interrelationships between the properties of productive resources and the profitability of firms, in the Brazilian autoparts industry. The inspiration for this study was a research conducted...

The article proposes an alternative methodology for the comparison of Gross Domestic Products (GPDs). It is an alternative to the purchasing power parity theory that utilizes the nominal exchange rate to compare GPDs. The value of the money in the conception of Hilferding is obtained dividing...

The Present Value Model (PVM) – in which current security prices depend upon the present value of future discounted dividends, where the discount rate is equivalent to the required rate of return – is one of the long-standing principles of Finance Theory. The objective of this work is to...