This research identifies 18 main project complexity factors affecting defence projects and four new factors to the literature. Many interdependencies among the factors were identified, suggesting they form a contextualised project complexity network capable of creating emerging behaviours that...

Financial institution's substantial leverage is relevant in explaining the latest global financial crisis n 2008. However, the concept of banking leverage is not new and relates to important topics of study in the banking literature. Through a sample of 209 articles from major journals in the...

The present article intend to verify the presence of speculative rational bubbles, starting from the identification of switching regime of the returns generation process in the brazilian market exchange, BOVESPA, for the Plano Real period (July of 1994 to March of 2004). In order to achieve this...

We analyze the relationship between innovation and firms' performance in Brazil using a comprehensive database that cross-references innovation information by PINTEC (Technological Innovation Research) of the IBGE (Brazilian Institute of Geography and Statistics) and financial information from...

Measurement of organizational performance is a complex issue given that performance is a multifaceted phenomenon whose component elements may have distinct managerial priorities and may even be mutually inconsistent. This paper presents the case of a Brazilian telecom company to illustrate and...

We analyze the influence of time-, firm-, industry- and country-level determinants of capital structure. First, we apply hierarchical linear modeling in order to assess the relative importance of those levels. We find that time and firm levels explain 78% of firm leverage. Second, we include...