Heterogeneidade do desempenho de empresas em ambientes turbulentos

  title={Heterogeneidade do desempenho de empresas em ambientes turbulentos},
  author={Rodrigo Bandeira-de-Mello and Rosilene Marcon},
Empirical researches on firm performance heterogeneity usually model year, industry and firm effects to assess their contributions to total firm performance variation. In this paper, we use three indicators to compose a performance measure of firms operating in Brazil. We argue that a single indicator is not capable of taking into account the effects of a turbulent environment. Data on firm performance were collected for 177 listed firms in 15 industries, for a 5-year period (1998-2002). We… CONTINUE READING