EVALUATION OF REFLEXES ECONOMIC-FINANCIAL OF INCENTIVES FOR INNOVATION IN THE PUBLIC COMPANIES FINEP OF BRAZIL

Authors

  • Paulo Henrique Nobre Parente Estudante do Curso de Mestrado em Administração e Controladoria da Universidade Federal do Ceará (UFC).
  • Alessandra Carvalho de Vasconcelos Professora do Programa de Pós Graduação em Administração e Controladoria (PPAC) e do curso de graduação em Ciências Contábeis da Universidade Federal do Ceará (UFC).
  • Jackline Lucas Souza Professora do curso de Ciências Contábeis Universidade Federal do Ceará
  • José Maurício Lima Braga Graduando do Curso de Ciências Contábeis da Universidade Federal do Ceará (UFC).

DOI:

https://doi.org/10.19094/contextus.v12i3.644

Keywords:

Government incentives. Innovation. Corporate performance.

Abstract

This study aims to assess the economic and financial consequences of incentives to innovate FINEP of publicly traded companies in Brazil. Is characterized as descriptive, and is based on a sample of 37 companies awarded with incentives FINEP for the period 2008 to 2012. Was found that incentives FINEP caused different effects on the financial and economic performance of companies with more favorable effect in innovative companies, when compared to non-innovative firms. The analysis of profitability ratios revealed that, unlike expected, only the asset turnover of enterprises improved after receiving the incentives for innovation.

Author Biographies

Paulo Henrique Nobre Parente, Estudante do Curso de Mestrado em Administração e Controladoria da Universidade Federal do Ceará (UFC).

Mestrando em Administração e Controladoria pelo Programa de Pós Graduação em Administração e Controladoria (PPAC) da Universidade Federal do Ceará (UFC)

Alessandra Carvalho de Vasconcelos, Professora do Programa de Pós Graduação em Administração e Controladoria (PPAC) e do curso de graduação em Ciências Contábeis da Universidade Federal do Ceará (UFC).

Departamento de Contabilidade da Universidade Federal do Ceará (UFC) da Faculdade de Economia, Administração, Atuária, Contabilidade e Secretariado (FEAAC)

Jackline Lucas Souza, Professora do curso de Ciências Contábeis Universidade Federal do Ceará

Departamento de Contabilidade da Universidade Federal do Ceará (UFC) da Faculdade de Economia, Administração, Atuária, Contabilidade e Secretariado (FEAAC)

José Maurício Lima Braga, Graduando do Curso de Ciências Contábeis da Universidade Federal do Ceará (UFC).

Curso de Graduação em Ciências Contábeis pela Universidade Federal do Ceará (UFC)

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Published

2014-10-31

How to Cite

Parente, P. H. N., Vasconcelos, A. C. de, Souza, J. L., & Braga, J. M. L. (2014). EVALUATION OF REFLEXES ECONOMIC-FINANCIAL OF INCENTIVES FOR INNOVATION IN THE PUBLIC COMPANIES FINEP OF BRAZIL. Contextus - Contemporary Journal of Economics and Management, 12(3), 150–173. https://doi.org/10.19094/contextus.v12i3.644

Issue

Vol. 12 No. 3: set/dez 2014

Section

Articles

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