REFLECTIONS OF INNOVATION INCENTIVE POLICIES ON THE FINANCIAL PERFORMANCE OF AUTOMOTIVE COMPANIES LISTED IN B3

Authors

DOI:

https://doi.org/10.18226/23190639.v10n1.02

Keywords:

Inovação, Políticas de Incentivo à Inovação, Demonstrações Contábeis, Setor Automotivo.

Abstract

Technological policy is a central part of the economic agenda in developed and emerging countries, aiming to generate technological capacity and motivate private investments. The aim of this study was to analyze the impact of innovation incentive policies on the financial performance of companies in the automobile sector listed on Brazil, Bolsa and Balcão (B3). The descriptive research, of a quali-quantitative nature, carried out data collection on the basis of Economática®, on the websites of the companies and B3. This study emphasizes the innovative actions carried out by companies in the automotive sector, during the period in which policies to encourage innovation are in force, and the perspective of innovations causing reflexes on financial performance. It is suggested that (i) the Lei do Bem, the Action Plan in Science, Technology and Innovation (PACTI) and the Productive Development Plan (PDP) brought favorable effects to Iochpe's Liquidity Indices, (ii) the Lei do Bem had a significant representation in Iochpe’s Capital Structure Indices and in Mahle’s Liquidity Indices, and (iii) the Plano Brasil Maior (PBM) favored the increase in Mahle’s Invested Capital. The study can help to encourage managers and guide companies to adhere to innovation policies when aware of the potential benefits it brings to the organization and other stakeholders, which can generate better results.

Author Biographies

Janaína Aparecida de Lima, Universidade Federal de Uberlândia (UFU)

Graduada em Ciências Contábeis (FACES/UFU)

Carlos Eduardo de Oliveira, Universidade Federal de Uberlândia (UFU)

Doutorado em Economia (UFU), Mestrado em Engenharia de Produção (UNESP) e Graduação em Ciências Contábeis (ITE). 

Professor (DE) da Universidade Federal de Uberlândia (UFU), atuando nos cursos de Administração, Ciências Contábeis e Engenharia de Produção da Faculdade de Ciências Integradas do Pontal (FACIP/UFU)

Érika Monteiro de Souza Alves Dias, Universidade Federal de Uberlândia (UFU)

Doutorado e Mestrado em Engenharia de Produção (EESC/USP), Graduação em Ciências Contábeis (USP), Graduação em Ciências Jurídicas (UNAERP). Docente Efetivo da FACES/UFU.

Kelly Aparecida Silva Jacques, Universidade Federal de Uberlândia (UFU)

Doutoranda e Mestre em Ciências Contábeis (UFU), Especialista em Engenharia e Inovação (Estácio de Sá), Graduada em Administração (UFU) e Ciências Contábeis (UNICID).

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Published

2022-08-30

How to Cite

Lima, J. A. de, Oliveira, C. E. de, Dias, Érika M. de S. A., & Jacques, K. A. S. (2022). REFLECTIONS OF INNOVATION INCENTIVE POLICIES ON THE FINANCIAL PERFORMANCE OF AUTOMOTIVE COMPANIES LISTED IN B3. Brazilian Journal of Management and Innovation (Revista Brasileira De Gestão E Inovação), 10(1), 22–46. https://doi.org/10.18226/23190639.v10n1.02

Issue

v. 10, n. 1 (Setembro - Dezembro 2022)

Section

RBGI Articles

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