O Uso de Derivativos da Taxa de Câmbio e o Valor de Mercado das Empresas Brasileiras Listadas na Bovespa

This paper examines the impact of using foreign currency derivatives on the market value of firms in a sample of the 48 most liquid non-financial companies listed at the “Bolsa de Valores de São Paulo” (São Paulo Stock Exchange) from 1999 to 2007. Based on the work of Allayanis and Weston (2001) and...

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Bibliographic Details
Main Authors: Danilo Guedine Serafini, Hsia Hua Sheng
Format: Article
Language:English
Published: Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD) 2011-03-01
Series:RAC: Revista de Administração Contemporânea
Subjects:
Online Access:http://www.anpad.org.br/periodicos/arq_pdf/a_1167.pdf