The systematic risk study in technology companies at Brazil

  • Marcio Marcelo Belli FCA|UNICAMP
  • Luiz Eduardo Gaio FCA|UNICAMP
  • Johan hendrik Poker Junior FCA|UNICAMP
  • Marco Antonio Figueiredo Milani Filho FCA|UNICAMP
  • Carlos Raul Etulain FCA|UNICAMP
DOI: https://doi.org/10.4025/enfoque.v36i3.34623

Abstract

This work tested if brasilian technology companies has a greater systematic risk than traditional companies in Brazil. For to achieve tje purpose, two companies samples , one of technology companies and the other of traditional companies, were composed. The tecnique employed was a multiple regression analysis considering a dichotomous variable wich represents the technological factor and another numerical variable wich represents the intangibility degree of  companies. As a dependent variable was considered the CAPM systematic risk. The results indicated that technology companies have a greater systematic risk than traditional companies regardless of the degree of intangibility.

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Published
2017-09-02
How to Cite
Belli, M. M., Gaio, L. E., Poker Junior, J. hendrik, Milani Filho, M. A. F., & Etulain, C. R. (2017). The systematic risk study in technology companies at Brazil. Enfoque: Reflexão Contábil, 36(3), 89-100. https://doi.org/10.4025/enfoque.v36i3.34623
Issue
Vol 36 No 3 (2017)
Section
Original Articles

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