摘要：This study explores how capital goods investment impacts the economic and financial performance of companies listed on Brasil, Bolsa, Balcão (B3) and whether corporate governance moderates this relationship. For quantitative analysis, we model structural equations using partial least squares. Results show that investment has significant impacts on liquidity, indebtedness, operating activity, and market value. Corporate governance seems to mitigate the effects of market imperfections on the assertiveness of capital goods investment.
