This paper aimed to verify how companies formalise the decisions and control on long-term investments. In particular, an analysis of the published literature reveals a relevant gap between the strategic and financial perspectives in addressing this issue, and Agency Theory was proposed as a...

This study investigates what is the role of strategic profiles and management control instruments in organisations’ innovation process. Based in a survey using structural equation modelling (121 companies), we confirm that analyser, defender e prospector profiles are associated with strategic...

Basically P&L and Balance Sheets have internal consistency and interactions. We argue that the ratios usually drawn by these financial statements are in consequence endogenous (either by construction or by mathematical properties). This study interprets its consequences in terms if econometric...

Aiming for superior performance, companies need to have and skillfully use rare, valuable, irreplaceable and inimitable resources, with special emphasis on intangibles, constructed in lengthy and risky processes or strategically accumulated via mergers and acquisitions (M&A). To analyze how the...

The objective of this article is to present a didactic example of Structural Equation Modeling using the software SmartPLS 2.0 M3. The program mentioned uses the method of Partial Least Squares and seeks to address the following situations frequently observed in marketing research: Absence of...