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en línea
Rossimar Laura Oliveira,Eduardo Kazuo Kayo     Pág. 1 - 18
This paper is an empirical investigation that uses IPI benefits (tax benefit) offered by the Brazilian government as an exogenous shock in the relationship between firm and industry leverage. We used data from Brazilian companies between 2007 and 2015. T... ver más
Revista: Revista Brasileira de Finanças    Formato: Electrónico

 
en línea
Carlos Marcelo Lauretti,Eduardo Kazuo Kayo,Emerson Fernandes Marçal     Pág. 215 - 236
Academic studies have shown that returns show reversion effects, which has often been explained as market overreaction to ?rms past performance. Other studies have shown that future returns are positively related to book-to-market index (B/M), which has ... ver más
Revista: Revista Brasileira de Finanças    Formato: Electrónico

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