Relationship between bankruptcy rate of Brazilian companies and macroeconomic variables in the period from 2010 to 2020: an econometric study using Vector autoregression
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| Format: | Artículo científico |
| Language: | en |
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Universidade Municipal de São Caetano do Sul
2022
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| author | Adriana Bruscato Bortoluzzo |
| author_facet | Adriana Bruscato Bortoluzzo |
| contents | Relationship between bankruptcy rate of Brazilian companies and macroeconomic variables in the period from 2010 to 2020: an econometric study using Vector autoregression Adriana Bruscato Bortoluzzo Rodrig Zalli Rodriguez Maurício Mesquita Bortoluzzo Guilherme Fowler de Avila Monteiro Administración y Contabilidad size Corporate bankruptcy vector autoregression macroeconomic variables We investigate how the bankruptcy rate of Brazilian companies behaves in face of changes in such macroeconomic variables as GDP, exchange rate, money supply, interest rate, stock market behavior, new businesses and inflation rate by segregating the analysis by size ( small, medium and large). For the period 2010-2020 there is evidence that an increase in economic activity decreases the bankruptcy rate of large and medium-sized companies and that increased competition increases the bankruptcy rate of companies of all sizes. In general, the bankruptcy rate of large companies is more influenced by macroeconomic variables, while small companies seem to have a more constant bankruptcy rate, being less influenced by macroeconomic variables. 2022 artículo científico 1808-5792 https://www.redalyc.org/articulo.oa?id=133475549021 https://www.redalyc.org/journal/1334/133475549021/ https://www.redalyc.org/journal/1334/133475549021/html/ https://www.redalyc.org/journal/1334/133475549021/133475549021.epub https://www.redalyc.org/journal/1334/133475549021/movil en http://www.redalyc.org/revista.oa?id=1334 Gestão & Regionalidade application/pdf Universidade Municipal de São Caetano do Sul Gestão & Regionalidade (Brasil) Num.113 Vol.38 |
| format | Artículo científico |
| id | redalyc_133475549021 |
| institution | Redalyc |
| language | en |
| publishDate | 2022 |
| publisher | Universidade Municipal de São Caetano do Sul |
| spellingShingle | Relationship between bankruptcy rate of Brazilian companies and macroeconomic variables in the period from 2010 to 2020: an econometric study using Vector autoregression Adriana Bruscato Bortoluzzo Administración y Contabilidad size Corporate bankruptcy vector autoregression macroeconomic variables Relationship between bankruptcy rate of Brazilian companies and macroeconomic variables in the period from 2010 to 2020: an econometric study using Vector autoregression Adriana Bruscato Bortoluzzo Rodrig Zalli Rodriguez Maurício Mesquita Bortoluzzo Guilherme Fowler de Avila Monteiro Administración y Contabilidad size Corporate bankruptcy vector autoregression macroeconomic variables We investigate how the bankruptcy rate of Brazilian companies behaves in face of changes in such macroeconomic variables as GDP, exchange rate, money supply, interest rate, stock market behavior, new businesses and inflation rate by segregating the analysis by size ( small, medium and large). For the period 2010-2020 there is evidence that an increase in economic activity decreases the bankruptcy rate of large and medium-sized companies and that increased competition increases the bankruptcy rate of companies of all sizes. In general, the bankruptcy rate of large companies is more influenced by macroeconomic variables, while small companies seem to have a more constant bankruptcy rate, being less influenced by macroeconomic variables. 2022 artículo científico 1808-5792 https://www.redalyc.org/articulo.oa?id=133475549021 https://www.redalyc.org/journal/1334/133475549021/ https://www.redalyc.org/journal/1334/133475549021/html/ https://www.redalyc.org/journal/1334/133475549021/133475549021.epub https://www.redalyc.org/journal/1334/133475549021/movil en http://www.redalyc.org/revista.oa?id=1334 Gestão & Regionalidade application/pdf Universidade Municipal de São Caetano do Sul Gestão & Regionalidade (Brasil) Num.113 Vol.38 |
| title | Relationship between bankruptcy rate of Brazilian companies and macroeconomic variables in the period from 2010 to 2020: an econometric study using Vector autoregression |
| topic | Administración y Contabilidad size Corporate bankruptcy vector autoregression macroeconomic variables |
| url | https://www.redalyc.org/articulo.oa?id=133475549021 https://www.redalyc.org/journal/1334/133475549021/ https://www.redalyc.org/journal/1334/133475549021/html/ https://www.redalyc.org/journal/1334/133475549021/133475549021.epub https://www.redalyc.org/journal/1334/133475549021/movil |