The National Financial System, the Global Financial crises and Its impact on Bovespa Index and on the share prices of Vale do Rio Doce and Petrobras

Authors

  • Adalberto Tacini

DOI:

https://doi.org/10.21710/rch.v2i0.25

Keywords:

crisis, stock market, media

Abstract

There is a strong link among the markets and any change in one of them may reflect on theothers. The objective of this work was to verify the relation among stock prices of twocompanies: Vale do Rio Doce Company and Petrobras, in addition to Bovespa index, with thedevelopment and aggravation of the crisis in the world. The period we have studied was themost turbulent one studied and with the higher global economy retraction. The great quantityof negative news published in this period shows that the American market had influence onthis retraction. The Brazilian market sufferedhe effects of this process but showed itself moreprepared than in former crisis.

References

Andrezo, A.F. & Lima, I. S. 2002. Mercado Financeiro – Aspectos históricos e conceituais. Pioneira Thompson Learning, São Paulo.

Assaf Neto, A. 2005. Mercado Financeiro. Atlas, São Paulo.

Cavalcante, F.; Misumi, J.Y. & Rudge, L.F. 2005. Mercado de Capitais – O que é, Como funciona. Elsevier, Rio de Janeiro.

Lima, D. & Lavignatti, F. 2009. Cronologia da crise financeira. Especiais. http://www.estadao.com.br/especiais/cronologia-da-crise-financeira,2805.htm

Published

2010-01-31

How to Cite

Tacini, A. (2010). The National Financial System, the Global Financial crises and Its impact on Bovespa Index and on the share prices of Vale do Rio Doce and Petrobras. Revista Cientí­fica Hermes, 2. https://doi.org/10.21710/rch.v2i0.25

Issue

Section

THEME ARTICLES