文章基本信息

标题：A Relação entre a Governança Corporativa e a Estrutura de Capital das Empresas Brasileiras no Período 2000-2013
本地全文：下载
作者：Camila Veneo Campos Fonseca ; Rodrigo Lanna Franco da Silveira ; Célio Hiratuka 等
期刊名称：Enfoque: Reflexão Contábil
印刷版ISSN：1984-882X
出版年度：2016
卷号：35
期号：2
页码：35-52
语种：Portuguese
出版社：Universidade Estadual de Maringá
摘要：The purpose of this study is to explore the impact of corporate governance practices on capital structure of 252 Brazilian non-financial public listed companies between 2000 and 2013. Panel data econometric techniques were used, with the adoption of a System Generalized Methods of Moments estimator in order to control the potential sources of endogeneity between ownership structure and governance practices. Results show evidence that high corporate governance levels improved the access to debt capital and increased the debt maturity.
关键词：estrutura de capital, governança corporativa, dados em painel, GMM Sistêmico.