Abnormal Stock Returns In Stability And Crisis Scenarios: An Analysis Of The Brazilian Market
Year: 2024
Type: article
Abstract: This article aimed to analyze the abnormal return on stocks in the Brazilian market, in periods of stability and national crisis, considering the variables profit, dividend distribution, company size and level of corporate debt. A documentary research with a quantitative approach and descriptive purpose was carried out. The data were obtained from the Economática database and analyzed through multiple linear regression. The results showed that, in the Brazilian scenario, the distribution of dividends, profit and level of corporate debt had a positive relationship with the abnormal return on stocks. However, the distribution of dividends and profits tend to decrease and the level of debt tends to increase in periods of crisis. On the other hand, size had a negative relationship with the abnormal return on stocks
Authors: Karine De Jesus Rodrigues Santana, Victor Silva
Institution: Universidade Federal de Uberlândia
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4405026973