O efeito moderador da estrutura da propriedade na relação do capital social do board com o custo capital
Ano de defesa: | 2017 |
---|---|
Autor(a) principal: | |
Orientador(a): | |
Banca de defesa: | , , |
Tipo de documento: | Dissertação |
Tipo de acesso: | Acesso aberto |
Idioma: | por |
Instituição de defesa: |
Universidade do Grande Rio
|
Programa de Pós-Graduação: |
Programa de Pós-Graduacão em Administração
|
Departamento: |
Unigranrio::Administração
|
País: |
Brasil
|
Palavras-chave em Português: | |
Área do conhecimento CNPq: | |
Link de acesso: | http://localhost:8080/tede/handle/tede/148 |
Resumo: | This study aims to demonstrate that the social capital of Brazilian publicly traded companies, through the relational resources present in the network of social relations, is able to influence the cost of capital of these companies. The social capital is measured mainly through the socalled boards interlocks, which are the ties created by the sharing of directors by different companies. These ties allow access to differentiated resources that would not be accessible if not for the network, thus allowing the company to increase its value and performance. In addition, we raise the possibility of the ownership structure, through the concentration of shareholders and type of property, to moderate the relationship between social capital and cost of capital. The ownership structure, by itself, can be considered a mechanism of corporate governance, where the greater intervention of the shareholders in the activities of monitoring of the management, possibility of expropriation of resources by the major shareholders and use of external directors as a tool of legitimization to the Market enhance the effects of social capital on the cost of capital. We chose to use different ways of measuring the cost of capital, using Ex-Post (WACC) and Ex-Ante (RPEG, RPEF and RMPEG) measures, considering the particularities of each form of estimation. Using a quantitative approach, 472 companies were evaluated in the period from 2002 to 2015, with 3.584 observations structured through a panel data matrix. Empirical evidence has been found that the type of company (national private or national public) acts as a moderating variable in the relationship between social capital and cost of capital for the RPEG and RMPEG cost of capital, and that private companies with greater social capital have lower cost of capital rates. In addition, we conclude that external directors in public national companies do not perform their function of collecting resources from the network through their social capital, either because they are isolated from other diretors linked to political parties, or because of the ease of public companies to move abundant resources from other sources. Public companies, which also have highly tangible assets, are associated with higher capital costs. We also found that lower WACC cost of capital rates are related to low asset volatility, high sales growth rates, higher company value, higher percentual of external advisors and higher duality index (CEO occupying the position of board chairman administration). Additionally, for the Ex-Ante RPEG and RMPEG measures, for private companies, lower cost of capital rates are associated to companies with high Asset values. Controversial to the cost of WACC capital, higher RPEF cost of capital rates are associated with lower asset volatility. Finally, for specific cases of measures of cost of capital Ex-Ante, variables such as concentration of property, Q of Tobin and ROA (Return on Asset), presented statistical relevance. |
id |
UGRI_87f2a8edda78ca3d27d9ea1d3174346a |
---|---|
oai_identifier_str |
oai:localhost:tede/148 |
network_acronym_str |
UGRI |
network_name_str |
Biblioteca Digital de Teses e Dissertações da UNIGRANRIO |
repository_id_str |
|
spelling |
Rossoni, LucianoRossoni, LucianoFreitas, Angilberto Sabino deFontes Filho, Joaquim RubensGonçalves, Alex Ferreira2017-06-14T18:01:39Z2017-03-09GONÇALVES, Alex Ferreira. O efeito moderador da estrutura da propriedade na relação do capital social do board com o custo capital. 2017. 209 f. Dissertação (Mestrado em Administração) - Universidade do Grande Rio, Rio de Janeiro, 2017 .http://localhost:8080/tede/handle/tede/148This study aims to demonstrate that the social capital of Brazilian publicly traded companies, through the relational resources present in the network of social relations, is able to influence the cost of capital of these companies. The social capital is measured mainly through the socalled boards interlocks, which are the ties created by the sharing of directors by different companies. These ties allow access to differentiated resources that would not be accessible if not for the network, thus allowing the company to increase its value and performance. In addition, we raise the possibility of the ownership structure, through the concentration of shareholders and type of property, to moderate the relationship between social capital and cost of capital. The ownership structure, by itself, can be considered a mechanism of corporate governance, where the greater intervention of the shareholders in the activities of monitoring of the management, possibility of expropriation of resources by the major shareholders and use of external directors as a tool of legitimization to the Market enhance the effects of social capital on the cost of capital. We chose to use different ways of measuring the cost of capital, using Ex-Post (WACC) and Ex-Ante (RPEG, RPEF and RMPEG) measures, considering the particularities of each form of estimation. Using a quantitative approach, 472 companies were evaluated in the period from 2002 to 2015, with 3.584 observations structured through a panel data matrix. Empirical evidence has been found that the type of company (national private or national public) acts as a moderating variable in the relationship between social capital and cost of capital for the RPEG and RMPEG cost of capital, and that private companies with greater social capital have lower cost of capital rates. In addition, we conclude that external directors in public national companies do not perform their function of collecting resources from the network through their social capital, either because they are isolated from other diretors linked to political parties, or because of the ease of public companies to move abundant resources from other sources. Public companies, which also have highly tangible assets, are associated with higher capital costs. We also found that lower WACC cost of capital rates are related to low asset volatility, high sales growth rates, higher company value, higher percentual of external advisors and higher duality index (CEO occupying the position of board chairman administration). Additionally, for the Ex-Ante RPEG and RMPEG measures, for private companies, lower cost of capital rates are associated to companies with high Asset values. Controversial to the cost of WACC capital, higher RPEF cost of capital rates are associated with lower asset volatility. Finally, for specific cases of measures of cost of capital Ex-Ante, variables such as concentration of property, Q of Tobin and ROA (Return on Asset), presented statistical relevance.Este estudo visa demonstrar que o capital social das companhias de capital aberto brasileiras, por meio dos recursos relacionais presentes na rede de relações sociais, é capaz de influenciar o custo de capital dessas companhias. O capital social é mensurado principalmente por meio dos chamados boards interlocks, que são os laços criados por compartilhamento de conselheiros por diferentes companhias. Esses laços permitem acessar recursos diferenciados e que não seriam acessíveis se não fosse pela rede de relacionamentos, permitindo assim a companhia aumentar o seu valor e desempenho. Além disso, levantamos a possibilidade da estrutura de propriedade, por meio da concentração dos acionistas e tipo de propriedade, moderarem o relacionamento entre capital social e custo de capital. A estrutura de propriedade, por si só, pode ser considerada um mecanismo de governança corporativa, em que a maior intervenção dos acionistas nas atividades de monitoramento da gerência, possibilidade de expropriação de recursos por parte dos acionistas majoritários e uso de conselheiros externos como ferramenta de legitimização perante o mercado potencializam os efeitos do capital social no custo de capital. Optamos por utilizar diferentes formas de mensurar o custo de capital, por meio de medidas Ex-Post (WACC) e Ex-Ante (RPEG, RPEF e RMPEG), considerando as particularidades de cada forma de estimação. Usando uma abordagem quantitativa, foram avaliadas 472 companhias no período de 2002 a 2015, com 3.584 observações estruturadas por meio de uma matriz em dados de painel. Foram encontradas evidências empíricas de que o tipo de companhia (privada nacional ou pública nacional) atua como variável moderadora no relacionamento entre capital socia e custo de capital para os custos de capital RPEG e RMPEG, e que companhias privadas com maior capital social possuem menores taxas de custo de capital. Adicionalmente concluímos que os conselheiros externos, em empresas nacionais públicas, não exercem as suas funções de captadores de recursos da rede por meio do seu capital social, seja por serem isolados dos demais conselheiros ligados aos partidos políticos, seja pela facilidade das empresas públicas em deslocarem recursos abundantes de outras fontes. As empresas públicas, possuidoras também de ativos com alta tangibilidade, estão associadas a maiores custos de capital. Constatamos também que menores taxas de custo de capital WACC estão relacionadas à baixa volatilidade dos ativos, altas taxas de crescimento de vendas, maior valor das companhias, maior percentual de participação de conselheiros externos e maiores índices de dualidade (CEO ocupando posição de chairman do conselho de administração). Adicionalmente, para as medidas Ex-Ante RPEG e RMPEG, para empresas privadas, menores taxas de custo de capital estão associadas a companhias com altos valores de Ativo. De modo controverso ao custo de capital WACC, taxas mais elevadas de custo de capital RPEF estão associadas com menor volatilidade dos ativos. Por fim, para casos específicos de medidas de custo de capital Ex-Ante, variáveis como concentração de propriedade, Q de Tobin e ROA (Retorno sobre o ativo), apresentaram relevância estatística.Submitted by Janser dos Santos Nascimento (janser.nascimento@unigranrio.com.br) on 2017-06-14T18:01:39Z No. of bitstreams: 2 Alex Ferreira Goncalves.pdf: 3468169 bytes, checksum: 8dad43cef6dd0c67585c49febbaeefe6 (MD5) license_rdf: 0 bytes, checksum: d41d8cd98f00b204e9800998ecf8427e (MD5)Made available in DSpace on 2017-06-14T18:01:39Z (GMT). No. of bitstreams: 2 Alex Ferreira Goncalves.pdf: 3468169 bytes, checksum: 8dad43cef6dd0c67585c49febbaeefe6 (MD5) license_rdf: 0 bytes, checksum: d41d8cd98f00b204e9800998ecf8427e (MD5) Previous issue date: 2017-03-09CNPqapplication/pdfporUniversidade do Grande RioPrograma de Pós-Graduacão em AdministraçãoUNIGRANRIOBrasilUnigranrio::Administraçãohttp://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccessAdministraçãoCapital socialGovernança corporativaBolsa de valoresADMINISTRAÇÃOO efeito moderador da estrutura da propriedade na relação do capital social do board com o custo capitalinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisreponame:Biblioteca Digital de Teses e Dissertações da UNIGRANRIOinstname:Universidade do Grande Rio (UNIGRANRIO)instacron:UNIGRANRIOORIGINALAlex Ferreira Goncalves.pdfAlex Ferreira Goncalves.pdfapplication/pdf3468169http://localhost:8080/tede/bitstream/tede/148/5/Alex+Ferreira+Goncalves.pdf8dad43cef6dd0c67585c49febbaeefe6MD55LICENSElicense.txtlicense.txttext/plain; charset=utf-81982http://localhost:8080/tede/bitstream/tede/148/1/license.txt4a50535e8405f611398e6e2d408dbd1bMD51CC-LICENSElicense_urllicense_urltext/plain; charset=utf-849http://localhost:8080/tede/bitstream/tede/148/2/license_url4afdbb8c545fd630ea7db775da747b2fMD52license_textlicense_texttext/html; charset=utf-80http://localhost:8080/tede/bitstream/tede/148/3/license_textd41d8cd98f00b204e9800998ecf8427eMD53license_rdflicense_rdfapplication/rdf+xml; charset=utf-80http://localhost:8080/tede/bitstream/tede/148/4/license_rdfd41d8cd98f00b204e9800998ecf8427eMD54tede/1482017-06-14 15:01:39.715oai:localhost: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Biblioteca Digital de Teses e Dissertaçõeshttp://tede.unigranrio.edu.br/PUBhttp://tede.unigranrio.edu.br/oai/requestrepositorio@instituicao.br||repositorio@instituicao.bropendoar:2017-06-14T18:01:39Biblioteca Digital de Teses e Dissertações da UNIGRANRIO - Universidade do Grande Rio (UNIGRANRIO)false |
dc.title.por.fl_str_mv |
O efeito moderador da estrutura da propriedade na relação do capital social do board com o custo capital |
title |
O efeito moderador da estrutura da propriedade na relação do capital social do board com o custo capital |
spellingShingle |
O efeito moderador da estrutura da propriedade na relação do capital social do board com o custo capital Gonçalves, Alex Ferreira Administração Capital social Governança corporativa Bolsa de valores ADMINISTRAÇÃO |
title_short |
O efeito moderador da estrutura da propriedade na relação do capital social do board com o custo capital |
title_full |
O efeito moderador da estrutura da propriedade na relação do capital social do board com o custo capital |
title_fullStr |
O efeito moderador da estrutura da propriedade na relação do capital social do board com o custo capital |
title_full_unstemmed |
O efeito moderador da estrutura da propriedade na relação do capital social do board com o custo capital |
title_sort |
O efeito moderador da estrutura da propriedade na relação do capital social do board com o custo capital |
author |
Gonçalves, Alex Ferreira |
author_facet |
Gonçalves, Alex Ferreira |
author_role |
author |
dc.contributor.advisor1.fl_str_mv |
Rossoni, Luciano |
dc.contributor.referee1.fl_str_mv |
Rossoni, Luciano |
dc.contributor.referee2.fl_str_mv |
Freitas, Angilberto Sabino de |
dc.contributor.referee3.fl_str_mv |
Fontes Filho, Joaquim Rubens |
dc.contributor.author.fl_str_mv |
Gonçalves, Alex Ferreira |
contributor_str_mv |
Rossoni, Luciano Rossoni, Luciano Freitas, Angilberto Sabino de Fontes Filho, Joaquim Rubens |
dc.subject.por.fl_str_mv |
Administração Capital social Governança corporativa Bolsa de valores |
topic |
Administração Capital social Governança corporativa Bolsa de valores ADMINISTRAÇÃO |
dc.subject.cnpq.fl_str_mv |
ADMINISTRAÇÃO |
description |
This study aims to demonstrate that the social capital of Brazilian publicly traded companies, through the relational resources present in the network of social relations, is able to influence the cost of capital of these companies. The social capital is measured mainly through the socalled boards interlocks, which are the ties created by the sharing of directors by different companies. These ties allow access to differentiated resources that would not be accessible if not for the network, thus allowing the company to increase its value and performance. In addition, we raise the possibility of the ownership structure, through the concentration of shareholders and type of property, to moderate the relationship between social capital and cost of capital. The ownership structure, by itself, can be considered a mechanism of corporate governance, where the greater intervention of the shareholders in the activities of monitoring of the management, possibility of expropriation of resources by the major shareholders and use of external directors as a tool of legitimization to the Market enhance the effects of social capital on the cost of capital. We chose to use different ways of measuring the cost of capital, using Ex-Post (WACC) and Ex-Ante (RPEG, RPEF and RMPEG) measures, considering the particularities of each form of estimation. Using a quantitative approach, 472 companies were evaluated in the period from 2002 to 2015, with 3.584 observations structured through a panel data matrix. Empirical evidence has been found that the type of company (national private or national public) acts as a moderating variable in the relationship between social capital and cost of capital for the RPEG and RMPEG cost of capital, and that private companies with greater social capital have lower cost of capital rates. In addition, we conclude that external directors in public national companies do not perform their function of collecting resources from the network through their social capital, either because they are isolated from other diretors linked to political parties, or because of the ease of public companies to move abundant resources from other sources. Public companies, which also have highly tangible assets, are associated with higher capital costs. We also found that lower WACC cost of capital rates are related to low asset volatility, high sales growth rates, higher company value, higher percentual of external advisors and higher duality index (CEO occupying the position of board chairman administration). Additionally, for the Ex-Ante RPEG and RMPEG measures, for private companies, lower cost of capital rates are associated to companies with high Asset values. Controversial to the cost of WACC capital, higher RPEF cost of capital rates are associated with lower asset volatility. Finally, for specific cases of measures of cost of capital Ex-Ante, variables such as concentration of property, Q of Tobin and ROA (Return on Asset), presented statistical relevance. |
publishDate |
2017 |
dc.date.accessioned.fl_str_mv |
2017-06-14T18:01:39Z |
dc.date.issued.fl_str_mv |
2017-03-09 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.citation.fl_str_mv |
GONÇALVES, Alex Ferreira. O efeito moderador da estrutura da propriedade na relação do capital social do board com o custo capital. 2017. 209 f. Dissertação (Mestrado em Administração) - Universidade do Grande Rio, Rio de Janeiro, 2017 . |
dc.identifier.uri.fl_str_mv |
http://localhost:8080/tede/handle/tede/148 |
identifier_str_mv |
GONÇALVES, Alex Ferreira. O efeito moderador da estrutura da propriedade na relação do capital social do board com o custo capital. 2017. 209 f. Dissertação (Mestrado em Administração) - Universidade do Grande Rio, Rio de Janeiro, 2017 . |
url |
http://localhost:8080/tede/handle/tede/148 |
dc.language.iso.fl_str_mv |
por |
language |
por |
dc.rights.driver.fl_str_mv |
http://creativecommons.org/licenses/by-nc-nd/4.0/ info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
http://creativecommons.org/licenses/by-nc-nd/4.0/ |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Universidade do Grande Rio |
dc.publisher.program.fl_str_mv |
Programa de Pós-Graduacão em Administração |
dc.publisher.initials.fl_str_mv |
UNIGRANRIO |
dc.publisher.country.fl_str_mv |
Brasil |
dc.publisher.department.fl_str_mv |
Unigranrio::Administração |
publisher.none.fl_str_mv |
Universidade do Grande Rio |
dc.source.none.fl_str_mv |
reponame:Biblioteca Digital de Teses e Dissertações da UNIGRANRIO instname:Universidade do Grande Rio (UNIGRANRIO) instacron:UNIGRANRIO |
instname_str |
Universidade do Grande Rio (UNIGRANRIO) |
instacron_str |
UNIGRANRIO |
institution |
UNIGRANRIO |
reponame_str |
Biblioteca Digital de Teses e Dissertações da UNIGRANRIO |
collection |
Biblioteca Digital de Teses e Dissertações da UNIGRANRIO |
bitstream.url.fl_str_mv |
http://localhost:8080/tede/bitstream/tede/148/5/Alex+Ferreira+Goncalves.pdf http://localhost:8080/tede/bitstream/tede/148/1/license.txt http://localhost:8080/tede/bitstream/tede/148/2/license_url http://localhost:8080/tede/bitstream/tede/148/3/license_text http://localhost:8080/tede/bitstream/tede/148/4/license_rdf |
bitstream.checksum.fl_str_mv |
8dad43cef6dd0c67585c49febbaeefe6 4a50535e8405f611398e6e2d408dbd1b 4afdbb8c545fd630ea7db775da747b2f d41d8cd98f00b204e9800998ecf8427e d41d8cd98f00b204e9800998ecf8427e |
bitstream.checksumAlgorithm.fl_str_mv |
MD5 MD5 MD5 MD5 MD5 |
repository.name.fl_str_mv |
Biblioteca Digital de Teses e Dissertações da UNIGRANRIO - Universidade do Grande Rio (UNIGRANRIO) |
repository.mail.fl_str_mv |
repositorio@instituicao.br||repositorio@instituicao.br |
_version_ |
1797240306325782528 |