cometadata/datacite-titles-descriptions-related-identifiers huggingface dataset:
DOI: 10.6084/m9.figshare.14286801
title: IMPACT OF ADOPTING IFRS STANDARD ON THE EQUITY COST OF BRAZILIAN OPEN CAPITAL COMPANIES

description: ABSTRACT Purpose: This study aims to assess the impact of adopting IFRS standard on the equity cost of Brazilian open capital companies in the period of 2004-2013. Originality/gap/relevance/implications: The adoption of International Financial Reporting Standards aims to increase the quality of accounting information. Studies performed in Europe suggest that, after the adoption of the IFRS standard, there was a reduction in the equity cost of companies due to the reduction of information asymmetry and risk. Key methodological aspects: The equity cost was calculated using the capital asset pricing model (CAPM) adapted to the Brazilian case. The empirical strategy was the difference analysis in differences, comparing the results of companies that voluntarily adopted the IFRS with companies that adopted IFRS after the mandatory adoption period. Summary of key results: The results indicate that the adoption of the IFRS standard does not contribute to reduce the equity cost in Brazil. Key considerations/conclusions: Suggesting that the process of adopting the international accounting standard may take more time to impact the equity cost of Brazilian open capital companies, since the impact of IFRS is not related only with the adoption, but also with its use by companies and users.
DOI: 10.6084/m9.figshare.14286800
title: COORDINATION OF JOINT ACTIONS IN MURIAÉ'S (MG) CLOTHING LPA

description: ABSTRACT Purpose: It sought to understand the coordination of the local production arrangement (LPA), especifically clothing production in the City of Muriaé, MG-Brazil. Originality/gap/relevance/implications: This study proposes the analytical model for comprehending how coordinating happens, as well as indicate relations between the elements that compose it, and the implications for the way in which these elements are manifested in a LPA context. It consists in an advance for understanding governance in LPA. We suggest means for systematizing the coordination of joint actions and mitigating challenges regarding means of production and means of coordinating. Key methodological aspects: A qualitative/descriptive research was performed, whose data was gathered through documents and partially structured interviews, conducted with twenty agents of said LPAs. The data was processed through NVivo® software and categorized by the content analysis technique. Summary of key results: It was found that the coordination is characterized by low levels of formality, integration and participation of the business representatives, management structure made of some entities and average integration and participation levels of the business representatives' part. Results that support other studies developed about the practice. Key considerations/conclusions: It was identified factors that allow us to grasp the complex reality and dynamics of a LPA, as well as criteria for systematizing and comprehending how coordination happens and pointing out its implication in the development [of local business]. Out of strategies devised, it will be possible to direct the activities of coordinators from others LPAs, fostering local business development.
DOI: 10.6084/m9.figshare.14286797
title: FUNCTIONAL THEORY OF ATTITUDE, SELF-MONITORING AND BRAND PROMINENCE: AN ANALYSIS OVER ADVERTISING ASSESSMENT

description: ABSTRACT Purpose: We suggest interaction between the Functional Theory of Attitude (social setting or values of expression), the Self-Monitoring Theory and brand prominence (low or high) in order to explain the advertising assessment by consumers. Originality/gap/relevance/implications: Although foreign literature review provides a few studies relating Functional Attitude or Self-monitoring to brand prominence, none were found relating behavioral effects of the three aforementioned elements to the customer behavior. Key methodological aspects: We proposed three interactive hypotheses in two factorial experiments type 2 × 2 × 2 among groups designed with luxury product ads. Summary of key results: The findings showed an interactive effect between Functional Theory of Attitude and brand prominence. This result means that the brand influences consumer evaluations of loyalty and purchase intention for advertising with an attitude based on the value expression. The results indicated an interaction between self-monitoring and brand prominence. There are higher levels of loyalty and attitude for consumers when advertising did not present brand prominence and did present high levels of self-monitoring. We also found an interaction effect between functional attitude and self-monitoring, explaining perceived value. Key considerations/conclusions: The marketing practitioners can use the results via communications, advertising products of high brand prominence focused on the value expression and individuals with lower self-control, aiming greater influence on buying intention.
DOI: 10.6084/m9.figshare.14286794
title: PROPOSITION OF A METHOD TO EVALUATE THE MATURITY OF SCENARIO ANALYSIS INSIDE ORGANIZATIONS

description: Scenario studies are developed by governments and organizations as a way to foresee possibilities, in order to develop specific strategies. Yet, there is little research in this field to evaluate the effectiveness of these studies; usually we can only find in the specialized literature attributes designed to evaluate the document of the scenario introduction. A possible approach to evaluate scenario quality would be the distinction between content, namely the scenario as a product itself, and the process that supports its elaboration. This research aimed to come up with a method to evaluate the maturity of scenario planning inside organizations. To do so, the major components and subcomponents of the scenario planning that enable us to evaluate them were identified; the metrics that indicate the stages of organizational maturity in scenarios were defined, and the application of the method in a selected set of Brazilian organizations was put into practice. As a possible alternative to ground the proposed method, the Project Management Maturity Model (PMMM) was used. A multimethodological, qualitative and interpretative study was undertaken, with multiples procedures used to collect and analyze data, including: literature review, interviews with experts on strategic scenarios and use of content analysis technique. As a result, we obtained a proposal for the evaluation of scenario planning in organizations that considered the following steps: preparation, development, document production and utilization. To determine the stage reached in scenarios, the following stages were considered: inactivity, initiation, standardization, management and optimization, culminating in the following maturity levels: very poor, poor, regular, good, great and excellent. The application of this method with thirteen Brazilian organizations identified regular maturity, unveiling the predominance of this subject in the public sector, with the highest levels observed in national defense organizations. The study offers contributions to the academic and professional fields. For the first it adds new knowledge represented by the proposal for the evaluation of the scenario planning, while for the second it provides a methodology that allows the execution of diagnosis of scenario-based processes to the organizations and consultancies, as well as the proposition of actions directed to improve objectively identified gaps.
DOI: 10.6084/m9.figshare.14286792
title: THE CONTROLLERSHIP AS SUPPORT COMPANY STRATEGY: MULTIPLE CASE STUDY IN TRANSPORT COMPANIES

description: ABSTRACT Purpose: To identify the controllership practices which can support strategic decisions on transport companies. Originality/gap/relevance/implications: The paper presents a new approach to the relationship between controllership practices and strategic decisions. It contributes by filling gaps on the controllership functions, advancing in concepts about strategic decisions, and presents the commom practices of the segment. Key methodological aspects: The research is applied with a qualitative approach. It is a multiple case study with four cargo transportation companies in the metropolitan region of Porto Alegre/RS. For data collection, an interview script was elaborated. To check the similarity between the firms, the Jaccard similarity index was used. Summary of key results: It was found that among the 27 controllership practices, 16 are used for at least one of the companies surveyed, while 11 are not used by any of the companies. Analyzing the use of strategic decisions listed in the literature, it is evident that 75.4% of strategic decisions are used by at least one of the enterprises, while 24,6% are not identified in any of the companies. There is similarity between the companies, the results indicate that 14,8% of practices are considered crucial or very important to 75% of the companies. Key considerations/conclusions: The results show that the controllership practices can provide support to the formulation of strategic decisions of the company. Regarding the analysis of the number of decisions which are related to each practice, the controllership practices most prominent was "operating budget", which is related to 60,5% of the 43 decisions.
DOI: 10.6084/m9.figshare.14286786
title: RELATIONSHIP BETWEEN ORGANIZATIONAL SLACK AND INNOVATION IN COMPANIES OF BM&FBOVESPA

description: ABSTRACT Purpose: The goal of this study is to identify the relationship of absorbed, non-absorbed and potential slack with the innovation of companies of sectors members of the sectoral ranking of innovation in the Brazilian Index of Innovation (IBI) listed in BM&FBovespa. Originality/gap/relevance/implications: Organizational slack and innovation have been objects of study internationally, but still represent a research gap in Brazil. Also there were not identified studies using the intangible asset to measure innovation and the possible relations with the organizational slack measures. This theme can also support the strategic activities of organizations, such as contributing to the creation of competitive advantage. Key methodological aspects: Descriptive research with quantitative approach was carried out using financial data of 208 companies listed in BM&FBovespa classified as innovative according to the Index Brazil of Innovation. Information regarding intangible assets, used as metrics to measure the innovation, was collected from the Notes; and the data to calculate the measures of organizational slack were collected from Economática® database. Summary of key results: In the application of the panel data model, the results demonstrate a significant relationship between organizational slack and innovation. The potential and absorbed slacks impact significantly and positively the innovative process. Non-absorbed slack influences positively, but with relatively smaller impact compared to other measures. Key considerations/conclusions: It is concluded that the results indicate a relationship in greater degree of absorbed and potential slack and to a lesser degree of non-absorbed slack with the innovation of the companies surveyed.
DOI: 10.6084/m9.figshare.14286785
title: SOCIAL CAPITAL OF THE BOARD OF DIRECTORS AND PERFORMANCE OF BRAZILIAN PUBLIC COMPANIES

description: ABSTRACT Purpose: We analyze the effect of social capital of the board of directors on the market value of Brazilian public companies listed in BM&F Bovespa. Therefore, we use as an indicator of social capital, relational resources present in the direct, indirect and heterogeneous ties to the board. Originality/gap/relevance/implications: Our pioneer study indicates that inconsistent results of studies evaluating board interlocking often occur because most studies only consider the centrality and the position of the companies in the network. In doing so, they disregard that relations may have greater or lower degree of social capital. Key methodological aspects: Empirically evaluate the relationship between companies through the directors and managers that they share,. Using social network analysis, we identified which are the directand indirect relations, as well as the structural gaps of the companies. We also measured the capital represented by each relationship from the market value of these relationships, which composed our measurement of relational resources. Then, through econometric models, we investigated the effects of relational resources on market value. Summary of key results: Our results showed that heterogeneous relational resources have stronger and more significant influence than available resources in the direct relations of the board, while available resources in indirect relations were not significant. Key considerations/conclusions: We demonstrated that the social capital really matters, because the resources provided by the alters are potential resources that can be used for the benefit of a firm, individually, It was found that structural gaps are ways to get information and various resources, enabling greater competitive advantage.
DOI: 10.6084/m9.figshare.14286782
title: TRAINING NEEDS: A PROPOSAL FOR A STRATEGIC EVALUATION IN THE CONTEXT OF JUNIOR BRAZILIAN ENTERPRISES

description: ABSTRACT The analysis of the literature points to be necessary to carry out empirical research based on the propositions and theoretical models of training needs assessment (TNA). There are no reports of training needs in the context of Junior Enterprises (JEs), organizations that contribute to the professional training of students in higher education. The research objective was to analyze the training needs of junior Brazilian entrepreneurs and identify the challenges and changes faced by JEs that can generate future demands for training. Two studies were carried out. Study I identified the training needs of a sample of junior entrepreneurs and was carried out in four steps: 1. design a TNA questionnaire of 43 items associated with scales of 11 points for domain and importance, 2. semantic validation, 3. use in a sample of 447 junior entrepreneurs from all over the country, and 4. analysis of data to identify priority training needs. Study II identified the challenges and changes experienced by the JEs that can generate future training needs for junior entrepreneurs and it involved the following steps: 1. design of semi-structured interview script, 2. individual interviews with a sample of 21 professionals and professors, 3. collective interviews with 34 junior entrepreneurs; and 4. analysis of data for categorization and description of challenges and changes. The findings of Study I indicate that the priority training needs refer to strategic JE management capacities and personal time management; and those of lower priority refer to effective communication and the ability to establish cooperative relationships. The results of Study II describe diverse challenges and changes, better specified by the sample of professionals and professors, and that can generate future training needs. It discusses the possibility to promote strategically developed training actions, involving the improvement of the activities and projects of the junior entrepreneurs, and the offering of top quality of products and services. This research contributes to the advancement of an integrated view between diagnostic and prognosis analyses of training needs, although within limited precision.
DOI: 10.6084/m9.figshare.14286780
title: DIFFERENTIATION AND COMPETITIVENESS OF BRAZILIAN FASHION OFFER IN INTERNATIONAL MARKET

description: ABSTRACT Purpose: The research seeks to understand competitiveness of Brazilian fashion export from the perspective of competitive advantage. Originality/gap/relevance/implications: The study advances in Brazilian fashion comprehension, acknowledging the distinctive elements that may compose fashion offer for the international market. It contributes to relate variables seldom investigated as competitive advantage, differentiation and internationalization of Brazilian fashion. As a practical contribution, the research can guide managers seeking to increase its offer abroad by listing distinctive elements of Brazilian fashion. Key methodological aspects: the study is supported by qualitative approach. Data were collected through in-depth interviews with market participants, being five agents to support the insertion of Brazilian fashion into the international market, four agents of demanding markets (organizational consumers). We used the speech analysis technique to examine the data. Summary of key results: In order to compete internationally, Brazilian fashion supply may be based on: 1. design; 2. quality in sewing, cutting, machining, modeling, proper use of raw materials and comfort of the piece, 3. support and services; 4. development of attributes related to the country of origin, such as color, vibration, relaxation, joy, and image of Brazil, 5. deal prices suitable to offer. Key considerations/conclusions: Brazilian fashion abroad is still inserted modestly. Brazilian fashion managers can support their offer on attributes related to country of origin, always focusing on the global consumer, as well as on price and quality, since they are still inhibiting factors of the international performance of Brazilian fashion.
DOI: 10.6084/m9.figshare.14286777
title: DEPOSITED REMEMBRANCE: THE CONSTRUCTION OF AN ORGANIZATIONAL MEMORY AT THE EXTINCT BANCO DA LAVOURA (BANLAVOURA) DE MINAS GERAIS

description: This paper discusses the construction of organizational memory based on the analysis of the video Memória do Tempo produced in 1960 by BanLavoura de Minas Gerais. The video was produced to celebrate the 35th anniversary of the organization. As part of the action that we here call “an exercise of futurology”, documents and objects were locked with the video in an urn created for this purpose, which was opened in the year 2000, forty years after its closing. The organizational discourse registered in the movie was analyzed and so were the interviews that we conducted with BanLavoura’s former employees. The research relied on current debates founded in literature that focus on organizational identity and the construction of organizational memory. Based on those references, we discussed the intentionality that permeates the construction of certain record on memory and history, which seeks to represent the past of the organization. The result shows that organization managers intended to preserve the history and the memory of the organization, but not the complete history or any memory. Organization managers were not interested in registering failures or organizational weaknesses, or in building a history based on employees’ accounts, since they barely appear in the analyzed material. They wanted to bring to light things that could project a certain organizational identity and memories of how the past happened. Thus, memory becomes a subject of dispute and is actively constructed to help shape the way the organization is remembered. Only then, it could help to build a good organizational image before the workers and society. Although the studied bank no longer exists and therefore no longer harbors a community of “lavourenses”, this paper allows reflections on similar efforts in preserving (and constructing) a memory made by other organizations.
DOI: 10.6084/m9.figshare.14286776
title: COOPERATION IN THE CLUSTER OF SANTA RITA DO SAPUCAÍ

description: In this paper we present the main results of a research that investigated the explanatory constructs of cooperation among the firms belonging to the Local Production Arrangement (LPA) located in Santa Rita do Sapucaí City, Minas Gerais State. Firstly, some aspects about the genesis, development and contemporary configuration of that arrangement are pointed out. Subsequently, we propose a theoretical and methodological framework that worked as a reference to provide the explanations of the relationships between the constructs of cooperation, trust and benefits, among others. Two multivariate techniques were applied to test and validate this proposal: the factor analysis and the polynomial regression. The research results showed correlations that suggest the positive perceptions of managers regarding the governance of the production arrangement, as well as the benefits from cooperation. In the managers’ perception, the benefits generate individual and collective advantages for the firms surveyed. Finally, the results contradict some formulations of the theoretical-methodological framework used to explain the relationships of trust built up among the firms operating in the same territory. The results also suggest that the LPA in Santa Rita could be a good example of the relevance of two institutional elements: governance (in this case, the Union of the Electrical and Electronic Equipment Industry of Vale da Eletrônica – SINDIVEL – and the local government), and the mediation of educational entities which provide the qualification of the labor force and play the role of business incubators as well. It seems appropriate to attribute the LPA setting up and even its development to the role played by these entities, combined with the actions of the visionary people who were in charge of their management. Like any other research, this study has its limitations. Among others, is the cross-section of the data setting. While the study admits the relevance of taking into account the historical dynamic, it presents a punctual analysis.
DOI: 10.6084/m9.figshare.14286773
title: PAIRS TRADING IN THE BRAZILIAN STOCK MARKET: THE IMPACT OF DATA FREQUENCY

description: The pairs trading strategy is a popular method for trading financial assets. One of the reasons for such popularity is that the result of this type of operation depends solely on the relationship between the price of two assets, and not on the overall market condition. The possibility of spotting inefficiencies in assets pricing is what allows the investor to make consistent profits using a systematic method for trading financial contracts. Based on the opening of a long and short position, this statistical arbitrage strategy seeks to profit when the prices of both assets converge to their historical behavior. The objective of this paper is to analyze the performance of the pairs trading strategy for different frequencies of data in the Brazilian Stock Market. The study was based on Perlin (2009), which shows that market inefficiencies are higher for stock data sampled in higher frequency, in this case daily, weekly and monthly. The present research extends the range of frequencies to the intraday universe with stock prices sampled at 1, 5, 15, 30 and 60 minutes and daily. The period of the database starts from 1st January 2008 until 31st December 2011. The selection of stocks comprises the twenty assets with the highest number of contracts negotiated in the period. The methodology employed in this research uses training periods and periods of technical negotiations. In the training period, the selection of pairs for each stock is based on the lowest quadratic variation of their normalized prices. In the trading period, the strategy checks the performance of the previously defined trades. The results of the study, which compared the Sharpe ratios of the pairs trading strategy for the different frequency of the data, confirm the primary hypothesis that the higher sampling frequency, the higher evidence of market inefficiency.