INVESTIGADORES
PEREZ ARTICA Rodrigo
congresos y reuniones científicas
Título:
The financialization of Latin American Non-financial Corporations. Specificities within general trends?
Autor/es:
PÉREZ ARTICA, RODRIGO; RABINOVICH, JOEL
Lugar:
Buenos Aires
Reunión:
Conferencia; Financialization in the Global South; 2019
Institución organizadora:
Centre for Research on Multinational Corporations (SOMO)
Resumen:
The objective of this paper is to estimate the determinants of cash holdings from Latin American NFCs during the last twenty years focusing especially on whether financialisation has or has not been associated to that increase. We measure financialisation as the proportion of interest income, dividends received, net capital gains, foreign exchange results over total revenues. Cash holdings include not only cash but also other short-term investments and liquid assets typically identified to cash by accounting standards.