Return on equity determinants and Covid-19 pandemic impacts on Latin America companies: A panel data study
This research investigates the determinants of ROE and the impact caused by the Covid-19 pandemic on public companies in Latin America. The fixed effects regression model with panel data is used to identify that factors related to sales policies and cost controls are the ones that contribute the mo...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Universidade Federal do Ceará
2023-06-01
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| Series: | Contextus |
| Subjects: | |
| Online Access: | http://www.periodicos.ufc.br/contextus/article/view/82315 |
| _version_ | 1827915623806533632 |
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| author | Claudia Lebre-Rodrigues Wilson Toshiro Nakamura Johnny Silva Mendes |
| author_facet | Claudia Lebre-Rodrigues Wilson Toshiro Nakamura Johnny Silva Mendes |
| author_sort | Claudia Lebre-Rodrigues |
| collection | DOAJ |
| description |
This research investigates the determinants of ROE and the impact caused by the Covid-19 pandemic on public companies in Latin America. The fixed effects regression model with panel data is used to identify that factors related to sales policies and cost controls are the ones that contribute the most to ROE performance, regardless of the period. On the other hand, the level of indebtedness and macroeconomic indicators are not significant, strengthening the finding that the operational and internal decisions of the company contribute more strongly to maximizing shareholder returns. This verification helps financial managers in directing decisions and expands academic knowledge on this topic.
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| first_indexed | 2024-03-13T03:01:28Z |
| format | Article |
| id | doaj.art-41e1c96218e4424e8c2e434e517d96ee |
| institution | Directory Open Access Journal |
| issn | 1678-2089 2178-9258 |
| language | English |
| last_indexed | 2024-03-13T03:01:28Z |
| publishDate | 2023-06-01 |
| publisher | Universidade Federal do Ceará |
| record_format | Article |
| series | Contextus |
| spelling | doaj.art-41e1c96218e4424e8c2e434e517d96ee2023-06-27T11:42:03ZengUniversidade Federal do CearáContextus1678-20892178-92582023-06-012110.19094/contextus.2023.82315Return on equity determinants and Covid-19 pandemic impacts on Latin America companies: A panel data studyClaudia Lebre-Rodrigues0Wilson Toshiro Nakamura1Johnny Silva Mendes2Mackenzie Presbyterian UniversityMackenzie Presbyterian University (UPM) Armando Álvares Penteado University Center (FAAP) This research investigates the determinants of ROE and the impact caused by the Covid-19 pandemic on public companies in Latin America. The fixed effects regression model with panel data is used to identify that factors related to sales policies and cost controls are the ones that contribute the most to ROE performance, regardless of the period. On the other hand, the level of indebtedness and macroeconomic indicators are not significant, strengthening the finding that the operational and internal decisions of the company contribute more strongly to maximizing shareholder returns. This verification helps financial managers in directing decisions and expands academic knowledge on this topic. http://www.periodicos.ufc.br/contextus/article/view/82315ROE determinantsCovid-19Latin Americapanel datafixed effects regression |
| spellingShingle | Claudia Lebre-Rodrigues Wilson Toshiro Nakamura Johnny Silva Mendes Return on equity determinants and Covid-19 pandemic impacts on Latin America companies: A panel data study Contextus ROE determinants Covid-19 Latin America panel data fixed effects regression |
| title | Return on equity determinants and Covid-19 pandemic impacts on Latin America companies: A panel data study |
| title_full | Return on equity determinants and Covid-19 pandemic impacts on Latin America companies: A panel data study |
| title_fullStr | Return on equity determinants and Covid-19 pandemic impacts on Latin America companies: A panel data study |
| title_full_unstemmed | Return on equity determinants and Covid-19 pandemic impacts on Latin America companies: A panel data study |
| title_short | Return on equity determinants and Covid-19 pandemic impacts on Latin America companies: A panel data study |
| title_sort | return on equity determinants and covid 19 pandemic impacts on latin america companies a panel data study |
| topic | ROE determinants Covid-19 Latin America panel data fixed effects regression |
| url | http://www.periodicos.ufc.br/contextus/article/view/82315 |
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