Análise da relação entre alavancagem e rentabilidade dos bancos brasileiros listados na Bolsa de Valores de São Paulo, no período de 2001 a 2010

Detalhes bibliográficos
Ano de defesa: 2012
Autor(a) principal: Mantovani, Marli Helena Colangelo lattes
Orientador(a): Santos, José Odálio dos
Banca de defesa: Não Informado pela instituição
Tipo de documento: Dissertação
Tipo de acesso: Acesso aberto
Idioma: por
Instituição de defesa: Pontifícia Universidade Católica de São Paulo
Programa de Pós-Graduação: Programa de Estudos Pós-Graduados em Administração
Departamento: Faculdade de Economia, Administração, Contábeis e Atuariais
País: BR
Palavras-chave em Português:
Palavras-chave em Inglês:
Área do conhecimento CNPq:
Link de acesso: https://tede2.pucsp.br/handle/handle/1043
Resumo: The banking sector has prominent position in the economy, dealing with financial resources, providing innovative solutions and mainly by the constant pursuit of increase profitability. There are many reasons for greater profitability of banks, as the high competition in the sector and the pressures of managers for higher returns through riskier operations. Although there are some academic studies on capital structure and profitability of banks, the explanation of leverage and its relationship with banks profitability is still an open question. This paper explores the empirical relevance of the relationship between leverage and profitability of Brazilian banks. It is an empirical research, which seeks to raise exploratory directions, pointing out degrees of correlations, measured by estimation with panel data. The results of this work, based on sample of Brazilian banks listed on the Bolsa de Valores de São Paulo, showed significant relationships between indicators of leverage and profitability indicators. Some considerations are suggested to justify the results achieved, as the increased volumes in funding costs in relation to the total equity ratio and the Capital Adequacy Ratio, that have influenced in a positive way the income on equity