FINANCIAL SLACK AS DRIVER OF BRAZILIAN FIRMS’ GROWTH
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| Format: | Artículo científico |
| Language: | en |
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Universidade Federal de Santa Maria
2020
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| _version_ | 1876465055764054016 |
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| author | José Francisco Rezende |
| author_facet | José Francisco Rezende |
| contents | FINANCIAL SLACK AS DRIVER OF BRAZILIAN FIRMS’ GROWTH José Francisco Rezende David Gradvohl Macedo Administración y Contabilidad Performance Financial Slack Financial Measures Organizational Slack Organizational Growth Purpose: To determine the influence of the financial availabilities, as a component of organizational slack, on firms’ growth. Researchers’ discussions concerning organizational slack reveal instances of heterogeneity and divergence in literature on both from theoretical and empirical perspectives.Design/methodology/approach: We developed an embracing theoretical framework drew on confirmatory factor analysis and structural equation modeling techniques, we refined and tested indicators for financial slack. We restored just financial availabilities data about Brazilian corporations listed on the B3 market.Findings: We cannot confirm that all of the states of the financial slack affects organizational growth.Research limitations/implications: We make further research directions to deepen financial slack knowledge on corporate growth.Practical implications: For practitioners, we provide new methodological and indicator directions to scale slack and impact on organizational growth.Originality/value: Research and discussion on organizational choices about generating and taking advantage of slack are essential when considering risk, fund raising and liquidity positions to support organizational growth. 2020 artículo científico 1983-4659 https://www.redalyc.org/articulo.oa?id=273467419005 https://www.redalyc.org/journal/2734/273467419005/ https://www.redalyc.org/journal/2734/273467419005/html/ https://www.redalyc.org/journal/2734/273467419005/273467419005.epub https://www.redalyc.org/journal/2734/273467419005/movil 10.5902/1983465935571 en http://www.redalyc.org/revista.oa?id=2734 Revista de Administração da Universidade Federal de Santa Maria application/pdf Universidade Federal de Santa Maria Revista de Administração da Universidade Federal de Santa Maria (Brasil) Num.4 Vol.13 |
| format | Artículo científico |
| id | redalyc_273467419005 |
| institution | Redalyc |
| language | en |
| publishDate | 2020 |
| publisher | Universidade Federal de Santa Maria |
| spellingShingle | FINANCIAL SLACK AS DRIVER OF BRAZILIAN FIRMS’ GROWTH José Francisco Rezende Administración y Contabilidad Performance Financial Slack Financial Measures Organizational Slack Organizational Growth FINANCIAL SLACK AS DRIVER OF BRAZILIAN FIRMS’ GROWTH José Francisco Rezende David Gradvohl Macedo Administración y Contabilidad Performance Financial Slack Financial Measures Organizational Slack Organizational Growth Purpose: To determine the influence of the financial availabilities, as a component of organizational slack, on firms’ growth. Researchers’ discussions concerning organizational slack reveal instances of heterogeneity and divergence in literature on both from theoretical and empirical perspectives.Design/methodology/approach: We developed an embracing theoretical framework drew on confirmatory factor analysis and structural equation modeling techniques, we refined and tested indicators for financial slack. We restored just financial availabilities data about Brazilian corporations listed on the B3 market.Findings: We cannot confirm that all of the states of the financial slack affects organizational growth.Research limitations/implications: We make further research directions to deepen financial slack knowledge on corporate growth.Practical implications: For practitioners, we provide new methodological and indicator directions to scale slack and impact on organizational growth.Originality/value: Research and discussion on organizational choices about generating and taking advantage of slack are essential when considering risk, fund raising and liquidity positions to support organizational growth. 2020 artículo científico 1983-4659 https://www.redalyc.org/articulo.oa?id=273467419005 https://www.redalyc.org/journal/2734/273467419005/ https://www.redalyc.org/journal/2734/273467419005/html/ https://www.redalyc.org/journal/2734/273467419005/273467419005.epub https://www.redalyc.org/journal/2734/273467419005/movil 10.5902/1983465935571 en http://www.redalyc.org/revista.oa?id=2734 Revista de Administração da Universidade Federal de Santa Maria application/pdf Universidade Federal de Santa Maria Revista de Administração da Universidade Federal de Santa Maria (Brasil) Num.4 Vol.13 |
| title | FINANCIAL SLACK AS DRIVER OF BRAZILIAN FIRMS’ GROWTH |
| topic | Administración y Contabilidad Performance Financial Slack Financial Measures Organizational Slack Organizational Growth |
| url | https://www.redalyc.org/articulo.oa?id=273467419005 https://www.redalyc.org/journal/2734/273467419005/ https://www.redalyc.org/journal/2734/273467419005/html/ https://www.redalyc.org/journal/2734/273467419005/273467419005.epub https://www.redalyc.org/journal/2734/273467419005/movil |