The purpose of the debt and the enterprise’s sector are important variables for the debate on corporate indebtedness composition in the context of the agency theory. The Brazilian empirical literature does not include those ...

O presente trabalho tem por objetivo analisar a relação entre governança corporativa e custo da dívida das empresas listadas na BM&FBovespa de 2003 a 2009. Para medir a qualidade da governança da empresa, usamos o índice ...

Trata do desenvolvimento do mercado de debêntures no Brasil identificando às barreiras e oportunidades para seu desenvolvimento.

The goal of this study is to analyze the yield difference between corporate debt issuance of Brazilian companies in local and foreign markets. From the perspective of the investor, we attempt to answer whether it is better, ...

The present work tries to explain the evolution of credit spreads from non-convertible bonds issued by Brazilian companies during the period of 2005 to 2012. For this, a number of company specific variables are used, like, ...

Do Brazilian companies with foreign activities (M C) have different capital structure from domestic companies (DC)? If so, is the upstream-downstream hypothesis prediction valid, with internationalized companies using more ...

Debt financing decisions have impact in capital structure by altering the leverage, ownership structure and maturity of debt. Most popular theories about composition of debt predicts negative reaction of stocks when a firm ...

The objective of this study is to analyze the yield difference between corporate debt issuance of Brazilian companies in local and foreign markets. From the perspective of the investor, we attempt to answer whether, once ...