Os anos 90 foram, para os países em desenvolvimento, marcados pela busca de um caminho para a estabilização econômica, fazendo com que as empresas se adequassem à nova realidade. Com as empresas ligadas ao agronegócio não foi diferente. No Brasil, esse processo o foi mais intenso,...

Using the Free Cash-Flow method in the valuation of small or medium enterprises is far different from the valuation of their larger counterparts: firstly, it's important to make some adjustments to the financial statements, in order to predict the future cash-flows; secondly, the calculation of...

The financial literature has revealed that option strategies originate asymmetric return distributions, providing new investment opportunities, especially in the control and reduction of risk. In this way, it is important to evaluate the performance of investment strategies that result from the...

In the last few years, many Brazilian firms have been strongly interested in programs of compliance as well as in programs of integrity. These matters are also relevant to government offices of inspection and control of public sector activities as well as to offices of regulation of economic...

Regardless of their scope and nature, Public policies, government programs, or strategies for the modernization of the State involve the performance of public officials as one of their fundamental variables. Their motivations, perceptions, and adherence to specific practices and objectives are...

The paper discusses the main challenges and opportunities for attracting both private domestic and foreign capital to foster the growth of concessions projects in the infrastructure sector, and proposes solutions from the Brazilian recent experience and other emerging economies. Given the...

Regardless of their scope and nature, Public policies, government programs, or strategies for the modernization of the State involve the performance of public officials as one of their fundamental variables. Their motivations, perceptions, and adherence to specific practices and objectives are...