Internacionalização dos capitalistas e nacionalismo dos trabalhadores

ID: 15393

Authors: João Bernardo.

Source: Revista de Administração de Empresas, v. 31, n. 1, p. 5-13, January-March, 1991. 9 page(s).

Keyword: internationalism , Multinational companie , working class , world wars

Document type: Article (Portuguese) Show Abstract

Considering that in the class conflicts the advantage belongs to the internationally organized one, the author states that, with World War 1, such an advantage was, in Europe, on the side of the working class. The 1929 economic crisis allowed the capitalists to change the situation. Since then, when opposing the evergrowing capital transnationalization, the working class has been on the losing side, as it is limited by national frontiers.

O custo de imperfeições do mercado brasileiro de capitais: uma aplicação da moderna teoria de finanças

ID: 15394

Authors: Antonio Zoratto Sanvicente.

Source: Revista de Administração de Empresas, v. 31, n. 1, p. 15-20, January-March, 1991. 6 page(s).

Keyword: Capital structure , estimation of costs of financial distress , long-term corporate financing , option pricing model , systematic risk and cost of capital

Document type: Article (Portuguese) Show Abstract

Using information on companies with shares traded on the São Paulo Stock Exchange, relative to the end of the 1988 fiscal year, the relationship between the Modigliani-Miller capital structure analysis, the capital asset pricing model, and the Black-Scholes option pricing model, involving an equation for the firm¿s weighted cost of capital, is used for (1) estimating the cost of financial distress implied by the firm¿s choice of capital structure and (2) evaluating the impact of the absence of longer-term financing opportunities in the Brazilian capital market. The final results indicate that the cost of financial distress results in a one percent monthly addition to the cost of capital, in real terms, whereas the lack of longer-term financing has no significant economic consequences.

A estrutura e as ferramentas da intervenção-pesquisa sócio-economica nas empresas e demais organizações

ID: 15395

Authors: Marcelo Alceu Amoroso Lima.

Source: Revista de Administração de Empresas, v. 31, n. 1, p. 21-30, January-March, 1991. 10 page(s).

Keyword: hidden costs , management research methodology , research-action , research-intervention , Socio-economic theory of the firm and of the organization

Document type: Article (Portuguese) Show Abstract

The method of research-intervention in the firms and organizations is based on a technique of simultaneous extraction of social and economic information with the purpose of scientific understanding and intervention in the organizational reality. The experiences of research-intervention already realized have permitted the construction of a particular theory of the firm and of the organization and the development of management tools for the improvement of their social and economic efficiency. The importance of the adaptation of the method to the Brazilian reality is based on the relevance of the results already attained and on its flexibility of application.

Uma teoria de avaliação de negócios

ID: 15396

Authors: Mauro Mello.

Source: Revista de Administração de Empresas, v. 31, n. 1, p. 31-39, January-March, 1991. 9 page(s).

Keyword: Business appraisal theory , cost of capital , mergers and acquisition , synergy , value

Document type: Article (Portuguese) Show Abstract

This paper presents a methodology for business appraisal which can handle the characteristics of the Brazilian economic environment, with imperfect stock, capital and product markets. It also casts some light on theoretic problems, recently discovered at more developed capitalist economies. Among these problems this paper discusses the assymetry of returns to stockholders of acquired and acquiring firms, after takeovers.

Europa 92: a gestão da diversidade social

ID: 15397

Authors: Célia Carbone.

Source: Revista de Administração de Empresas, v. 31, n. 1, p. 41-47, January-March, 1991. 7 page(s).

Keyword: European social space , labormen and frontiers , New Europe and the social issue in 1992 , regionalization , social-economic gaps

Document type: Article (Portuguese) Show Abstract

Este texto abre um leque de reflexões sobre os percalços existentes na construção do espaço social europeu e suas implicações para 1992, indicando algumas variáveis como: a questão da regionalização e os desníveis sócio-econômicos, a absorção de mão-de-obra sem fronteiras, a construção da proteção social comunitária etc. É uma análise crítica do que ocorre além dos obstáculos técnicos, fiscais e físicos, visando à construção do Mercado Único, a partir de 1992. A questão social ganhou relevo na medida em que ela emergiu como limitação para que se possa alcançar, conforme definido pelo Ato Único Europeu, uma área sem fronteiras, na qual a livre circulação de mercadorias, pessoas, serviços e capitais estivesse de acordo com as provisões do Tratado de Roma.

O sistema de recompensa na empresa do futuro

ID: 15398

Authors: Marcelo Machado Teixeira de Andrade.

Source: Revista de Administração de Empresas, v. 31, n. 1, p. 49-53, January-March, 1991. 5 page(s).

Keyword: Environment , multiple skills , participation , team , total compensation

Document type: Article (Portuguese) Show Abstract

Changes in the domestic and foreign environment call for the transformation of traditional systems which no longer respond well to the environment. The worker of the future will demand greater autonomy, involvement and participation; companies, on the other hand, will be more flexible, and more cost and quality-oriented. Consequently, compensation systems will have to be broader in scope and more sophisticated. Salaries based on skills and team performance, profit sharing and participation in decisions on compensation, more flexible benefit plans, and total compensation are some of the concepts presented here.

Uma síntese da 1990 balas annual international conference nullopening markets in the americas - free tradenull

ID: 15400

Authors: Maria Cecilia Coutinho de Arruda.

Source: Revista de Administração de Empresas, v. 31, n. 1, p. 55-58, January-March, 1991. 4 page(s).

Keyword: behavior , foreign investment , Free-trade , Latin America , market

Document type: Article (Portuguese) Show Abstract

This paper summarizes the results of the 1990 Annual BALAS Conference. The major themes discussed were about Opening Markets in the Americas: Free-Trade. The presentations covered issues on Trade and Foreign Investment; Management; Marketing; Maquiladoras; Finance and Development, besides special topics about Business Ethics, Job Policy, Food-Processing Industry and Data Administration.

Códigos de barras: a resença visível da automação

ID: 15405

Authors: Angelo Soares.

Source: Revista de Administração de Empresas, v. 31, n. 1, p. 59-68, January-March, 1991. 10 page(s).

Document type: Bibliographical Note (Portuguese)

Resenha: - Perestroika: Desafios da transformação social na URSS

ID: 15402

Authors: Afrânio Mendes Catani.

Source: Revista de Administração de Empresas, v. 31, n. 1, p. 69-70, January-March, 1991. 2 page(s).

Document type: Book Review (Portuguese)

Novos livros e teses

ID: 15406

Authors: Sigmar Malvezzi.

Source: Revista de Administração de Empresas, v. 31, n. 1, p. 71-72, January-March, 1991. 2 page(s).

Document type: Bibliographical Note (Portuguese)

Agenda do administrador

ID: 15408

Authors: Maria Regina Pontes Trugilho.

Source: Revista de Administração de Empresas, v. 31, n. 1, p. 77-78, January-March, 1991. 2 page(s).

Document type: Bibliographical Note (Portuguese)

Artigos em destaque

ID: 15407

Authors: Roberto Venosa, José Domingos de Brito.

Source: Revista de Administração de Empresas, v. 31, n. 1, p. 94-98, January-March, 1991. 5 page(s).

Document type: Bibliographical Note (Portuguese)

Edições novas de obras sempre atuais

ID: 15409

Authors: Revista de Administração de Empresas - RAE.

Source: Revista de Administração de Empresas, v. 31, n. 1, p. 999-999, January-March, 1991. 1 page(s).

Document type: Bibliographical Note (Portuguese)