Governmental Effectiveness: Analysis of State-Owned Enterprises Investments
Objective: analyze the relationship between the effectiveness of the government and the investments made by state-owned enterprises.Method: this study makes use of a quasi-experiment using the Difference-in-Differences technique. The variables used to analyze the investments were: Increase in Invest...
| Authors: | , , |
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| Format: | article |
| Status: | Published version |
| Publication Date: | 2019 |
| Country: | Brasil |
| Institution: | Universidade de Brasília (UnB) |
| Repository: | Contabilidade, Gestão e Governança |
| Language: | English Portuguese |
| OAI Identifier: | oai:oai.jamg.cloud:article/2053 |
| Online Access: | https://revistacgg.org/index.php/contabil/article/view/2053 |
| Access Level: | Open access |
| Keyword: | Government Effectiveness Investments State-Owned Enterprises. Efetividade do Governo Investimentos Empresas Estatais |
| Summary: | Objective: analyze the relationship between the effectiveness of the government and the investments made by state-owned enterprises.Method: this study makes use of a quasi-experiment using the Difference-in-Differences technique. The variables used to analyze the investments were: Increase in Investments, Number of Employees, Intangible Assets, Short-Term Investment and Return on Investments.Originality/relevance: little attention was paid to comparisons between countries regarding government effectiveness, and no studies addressing the relationship between government effectiveness and state-owned enterprise investments were found.Results: companies with the government as the majority shareholder only invest more in relation to private companies when they are in environments with low government effectiveness.Theoretical and methodological contributions: in theoretical terms, the research addressed a new perspective that may be crucial in explaining state-owned enterprise investments: the effectiveness of government. The main methodological contribution was the use of a comparative study on government effectiveness (in terms of using multiple measures and the analysis of many countries). |
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