RELATION BETWEEN THE ECONOMIC-FINANCIAL PERFORMANCE OF B3 AGRIBUSINESS COMPANIES AND THE ECONOMIC CYCLES
This paper aims to analyze the relationship between economic-financial performance and economic cycles in agribusiness companies in the non-cyclical consumer sector from 2010 to 2020. For this purpose, quantitative, descriptive, and documentary research techniques were used, with a sample of sevente...
| Autores: | , , , |
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| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2021 |
| País: | Brasil |
| Institución: | Pontifícia Universidade Católica de São Paulo (PUC-SP) |
| Repositorio: | Redeca |
| Idioma: | portugués |
| OAI Identifier: | oai:ojs.pkp.sfu.ca:article/54751 |
| Acceso en línea: | https://revistas.pucsp.br/index.php/redeca/article/view/54751 |
| Access Level: | acceso abierto |
| Palabra clave: | PIB Câmbio Ebitda Margem líquida ROA GDP Exchange Net Margin |
| Sumario: | This paper aims to analyze the relationship between economic-financial performance and economic cycles in agribusiness companies in the non-cyclical consumer sector from 2010 to 2020. For this purpose, quantitative, descriptive, and documentary research techniques were used, with a sample of seventeen companies and data collected via Economática®. Descriptive statistics and correlation tests (Spearman) were applied for data treatment. The indicators' liquidity, capital structure (CE), indebtedness, profitability, and return were related to the exchange rate, economic cycle, and agribusiness GDP (PIBA). The results show positive and non-significant associations between profitability and return indexes with the exchange rate and the PIBA. On the other hand, the participation of third-party capital showed a direct and significant association with the exchange rate. This study contributes to understanding the behavior of the non-cyclical consumer sector responding to economic fluctuations, showing the relationship between the exchange rate with the CE of the companies. |
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