Padrão de financiamento e exposição cambial das empresas brasileiras a partir da crise de 2008

Arbeitspapier

This paper aims to examine the evolution of currency risk exposure of Brazilian corporations, especially exporting companies, from the 2008 crisis, when several companies suffered substantial losses due to the decline of the real. We analyze their financial based on the usage of derivatives, as well as the impacts resulting from these contracts intermediation and reverberation of potential losses by the national banking system. We discuss also the effects of recent regulatory measures adopted by the Brazilian government in order to curb speculation in the currency market and establish a more effective monitoring of the risks associated with domestic derivatives.

Object Details

• Language: Portugiesisch

References and Relationships

• Bibliographic citation: Series: Texto para Discussão ; No. 1783

Classification and Topics

• Classification: Wirtschaft ; Financial Crises ; Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill ; Corporate Finance and Governance: Government Policy and Regulation
• Subject: financial crisis ; corporate finance and governance ; financial risk and risk management ; government policy and regulation ; Finanzkrise ; Währungskrise ; Unternehmensfinanzierung ; Währungsmanagement ; Brasilien

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Filho, Edison Benedito da Silva
• Event: Veröffentlichung
• (who): Instituto de Pesquisa Econômica Aplicada (IPEA)
• (where): Brasília
• (when): 2012

Further information

• Handle: http://hdl.handle.net/10419/91108
• Last update: 10.03.2025, 11:42 AM CET