期刊名称：International Business & Economics Research Journal
印刷版ISSN：1535-0754
电子版ISSN：2157-9393
出版年度：2011
卷号：1
期号：11
语种：English
出版社：The Clute Institute for Academic Research
摘要：The central focus of this paper is on the relationship between output growth of the firm and its financial ratios. The analysis is based on managerial theories of the firm, in particular, on Baumols (1967) article that suggests sales revenue maximization as a goal of the firm instead of profit maximization. A cross-section equation was estimated for three Brazilian industries covering the year 2000. We regress a firms output growth on a constant and a vector of financial ratios. The results obtained from ordinary least-squares regressions show firms with good financial performance present higher output growth.
