Authors : Vinicius Medeiros Magnani and Marcelo Augusto Ambrozini
Abstract: Due to the Brazilian economic context of high volatility and its influence on national companies a better understanding of the cause-effect relationship between the variables of the economic system and the organization within it is more and more sought. In face of this fact, the problem of this research can be enunciated as follows: how do the macroeconomic variables impact the results of the company petrobras? Therefore, the general objective of the work is to carry out an econometric modeling which reaches macroeconomic variables that can affect the organizational result of one of the biggest companies in Brazil. concerning the specific objectives, some accounting relationships are estimated, so that, a model for oil offer and demand in the Brazilian market is also analyzed. The method proposed was based on the use of multivariate regression models of time series with panel data. The results point to empirical evidences that the Brazilian Macroeconomic scenario significantly affects the results of Petrobras and based on the models used in this research, the company can antecipate external impacts and make the most of the possible future economic scenarios.
Vinicius Medeiros Magnani and Marcelo Augusto Ambrozini, 2018. Analysis of the Impact of Macroeconomic Variables on The Company’s Profit: Case Study of the Brazilian Oil Sector. International Business Management, 12: 513-524.