Banca de QUALIFICAÇÃO: ANGELICA MARIA CONSTANTINO DE MOURA

Uma banca de QUALIFICAÇÃO de MESTRADO foi cadastrada pelo programa.
STUDENT : ANGELICA MARIA CONSTANTINO DE MOURA
DATE: 04/04/2022
TIME: 16:00
LOCAL: https://meet.google.com/hsf-csum-omq
TITLE:

ECONOMIC CYCLES AND DIVIDEND POLICY: A STUDY IN THE BRAZILIAN MARKET

KEY WORDS:

Dividend Policy, Economic Crises, Business Cycles

PAGES: 32
BIG AREA: Ciências Sociais Aplicadas
AREA: Administração
SUBÁREA: Ciências Contábeis
SUMMARY:

This study seeks to investigate the relationship between dividend payments and the phases of economic cycles according to Schumpeter's classification (1935) and the NBER model (National Bureau of Economic Research). For this, the behavior of dividend payments will be observed according to the economic phases of each model, with the phases of the cycles in the NBER model classified as recession and expansion, while the Schumpeter model divides the economic cycles into four phases (recovery, expansion, recession and depression). Thus, identifying how recessionary and expansion periods impact the capital market, since entities seek to observe business performance in their financial analysis and thus change dividend payment strategies. Therefore, the present study becomes relevant for contributing to the literature by observing, in addition to the phases of the NBER model, the four phases of Schumpeter, investigating smaller oscillations such as recession and contraction. And when dealing with the Brazilian market, it will address the behavior of dividend payments in an emerging country, which is a differential, since other studies tend to focus on developed countries and little is known about how investment opportunities and corporate finance influence in the dividend policy of developing markets (ABOR; BOKPIN, 2010). The research is characterized as descriptive, with a quantitative approach of panel data, in which publicly traded Brazilian companies will be analyzed, in the period from 2007 to 2020.

BANKING MEMBERS:
Externa ao Programa - 2929802 - GIOVANNA TONETTO SEGANTINI
Externo à Instituição - KLÉBER FORMIGA MIRANDA - UFERSA
Interno - 084.462.764-02 - MARCELO DANIEL ARAUJO ERMEL - NÃO INFORMADO
Presidente - 2814007 - RENATO HENRIQUE GURGEL MOTA