Determinando fatores de desempenho financeiro: uma análise das lojas Americanas S.A.

Abstract

There are several activities in the surroundings of the organizations that need to be planned, monitored, performed and compared in the attempt to answer the objectives of enterprise. Thus, is notorius that all endeavor have a process of the administration in that are establishment of implicit or explicit manner the mechanisms of the evaluation to get feasible the knowledge of strategies aiming continuity of the company in the market. In this meaning, this work has the objective to check what correlations with the factors of financial development of the Lojas Americanas S.A. in the period from 2001 to 2007, To the realization of this research were analysis 22 financial indicators in 28 periods (trimesters). With the purpose to reach the objective intended were utilized the statistic describe teenies and of the factorial analyse. The procedures were realized through of statistic applicative SPSS® version 13.0. The results obtained sight empire evidences of relationship existence among indicators from of the identification of three distinct factors. The factor 1 have the major number of variables, prove a strong correlation among the indicators of contract debits and liquidity being responsible to explain the major part of total variance. The factor 2 shows that the indicators with major correlation were those relationship to turnover. The factor 3 describe the correlations existent among the yield. The results ravels that the method utilized is an important management instrument that can be adopted by administration of the company to evaluate the financial performance of their activities, so that the strategies could be directed from of correlations existent among financial indicators parsed.