Volatilidade da taxa de câmbio e rentabilidade corporativa em mercados emergentes
evidências de empresas peruanas listadas

DOI:  https://doi.org/10.12804/revistas.urosario.edu.co/economia/a.16368

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Publicado: sept 28, 2026
Edição: v. 29 n. 02 (2026)
Seção Artigos


Palavras-chave: volatilidade da taxa de câmbio Colômbia evidências em nível de empresa mercados emergentes Peru

Conteúdo do artigo principal

Autores

  Ricardo Hardy Andrade Caldas
Universidad Científica del Sur

Resumo

Este estudo examina se a volatilidade da taxa de câmbio está associada à rentabilidade de empresas peruanas listadas no período de 2010 a 2023. Por meio de técnicas econométricas de dados em painel, a análise utiliza 195 observações empresa-ano de 15 empresas não financeiras listadas na Bolsa de Valores de Lima. Os resultados indicam que a volatilidade cambial não apresenta associação estatisticamente significativa com a rentabilidade, enquanto a alavancagem financeira apresenta associação negativa, e o crescimento das vendas apresenta associação positiva e estatisticamente significativa com o ROA. Esses resultados sugerem que, na amostra analisada, as características financeiras das empresas estão mais estreitamente relacionadas à rentabilidade do que a incerteza cambial.

Como Citar
Andrade Caldas, R. H. (2026). Volatilidade da taxa de câmbio e rentabilidade corporativa em mercados emergentes: evidências de empresas peruanas listadas. Revista De Economía Del Rosario, 29(02), 1–30. https://doi.org/10.12804/revistas.urosario.edu.co/economia/a.16368
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