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Determinants of Indebtedness in the Brazilian Telecommunications Sector

Determinants of Indebtedness in the Brazilian Telecommunications Sector

Paperback

Accounting

ISBN10: 6208607248
ISBN13: 9786208607241
Publisher: Our Knowledge Publishing
Published: Jan 29 2025
Pages: 56
Weight: 0.19
Height: 0.13 Width: 6.00 Depth: 9.00
Language: English
The aim of this study was to analyse the determinants of the indebtedness of companies in the Brazilian telecommunications sector in the light of the Static Trade-Off Theory (STT) and the Pecking Order Theory (POT). The methodology used was multiple regression analysis with panel data for the period from 2002 to 2013, using short-term debt and long-term debt as dependent variables, and profitability, tangibility, growth, size and risk as independent variables. The results showed a negative relationship between the profitability, size and risk variables for short-term debt, and a negative relationship between size and risk for long-term debt.

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Accounting