bachelorThesis
Diagnóstico para identificar as principais causas e consequências na ocorrência do efeito tesoura em empresas listadas na Bovespa
Fecha
2014-01-31Registro en:
SUZANA, Yuri. Diagnóstico para identificar as principais causas e consequências na ocorrência do efeito tesoura em empresas listadas na Bovespa. 2014. 50 f. Trabalho de Conclusão de Curso (Graduação) - Universidade Tecnológica Federal do Paraná, Pato Branco, 2014.
Autor
Suzana, Yuri
Resumen
Brazil has one of the highest interest rates in the world, and any corporate action that
harms the relationship negatively resource Treasury (T) and Need for Working
Capital (NCG), it can take the call Scissors Effect. The scissors effect, as will be seen
in this work arises from the relation of NCG meet increasingly positive with the
balance remaining in the treasury more negative each time. May have as a factor
responsible for the growth in operating volume of business that has impact as the
increase in balance sheet accounts such as inventory and accounts receivable ,
resulting in a need of funding sources that finance them. These sources may not be
onerous in the case of suppliers, or can be costly when it comes to bank loans.
Excessive applications of resources and high level of investment in long-term growth
in the balance of accounts operating assets as a result of increased sales and a
constant and increasing achievement of injury in successive periods were observed
to be the main causes for the emergence of the effect scissors. The decision about
which sources and uses of funds which use should be drivers to make better use of
business opportunities, resulting in an improved strategic and financial management.