Artigos em Andamento [Working Paper]
URI permanente desta comunidadehttps://repositorio.insper.edu.br/handle/11224/3232
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14 resultados
Resultados da Pesquisa
Working Paper Reconciling financial and social performance through heterogeneous business models: an empirical study of impact-oriented investors(2017) SERGIO GIOVANETTI LAZZARINI; SANDRO CABRAL; Pongeluppe, Leandro Simões; Ferreira, Luciana Carvalho de Mesquita; Rotondaro, AngélicaWorking Paper Medindo o desempenho de um parlamento brasileiro: o caso da Câmara Municipal de São Paulo(2013) LUCIANA YEUNG LUK TAI; Dantas, Humberto; SERGIO GIOVANETTI LAZZARINIWorking Paper Competição Bancária: Comparação do Comportamento de Bancos Públicos e Privados e suas Reações à Crise de 2008(2013) ADRIANA BRUSCATO BORTOLUZZO; SERGIO GIOVANETTI LAZZARINI; Martins, Tiago SammarcoWorking Paper Strategizing by the Government: Industrial Policy and Sustainable Competitive Advantage(2012) SERGIO GIOVANETTI LAZZARINIDespite the prevalence of active governmental policy devised to foster firms and industries in various countries, the link between industrial policy (IP) and competitive advantage has received scant attention in Strategic Management. I propose a model where IP influences the accumulation and churning of resources and capabilities which can be flexible or specialized. I also introduce the concept of support-adjusted sustainable competitive advantage (SASCA), which occurs if a firm’s observed economic performance is superior to the expected performance of competitors had they received the same array of policies. In my framework, SASCA is created by the interplay of three factors: external integration, geographical specificity, and policy-making capability. Thus, the model enhances our understanding of the determinants of competitive advantage in a context of governmental intervention.Working Paper Leviathan as a Minority Shareholder: Firm-Level Implications of Equity Purchases by the State(2012) Inoue, Carlos F. K. V.; SERGIO GIOVANETTI LAZZARINI; Musacchio, AldoIn many countries, firms face institutional voids that raise the costs of doing business and thwart entrepreneurial activity. We examine a particular mechanism to address those voids: minority state ownership. Due to their minority nature, such stakes are less affected by the agency distortions commonly found in full-fledged state-owned firms. Using panel data from publicly traded firms in Brazil, where the government holds minority stakes through its development bank (BNDES), we find a positive effect of those stakes on firms’ return on assets and on the capital expenditures of financially constrained firms with investment opportunities. However, these positive effects are substantially reduced when minority stakes are allocated to business group affiliates and as local institutions develop. Therefore, we shed light on the firm-level implications of minority state ownership, a topic that has received scant attention in the strategy literature.Working Paper Private Entrepreneurs In Public Services: A Longitudinal Examination Of Outsourcing and Statization Of Prisons(2011) SANDRO CABRAL; SERGIO GIOVANETTI LAZZARINI; PAULO FURQUIM DE AZEVEDOSome fear that the profit-maximizing orientation of private entrepreneurs conflicts with societal goals expected in the provision of complex public services. Received contractual theories advocate that private involvement in public services will result in cost reductions at the expense of quality. Using prisons as our empirical context, we benefit from an event involving the outsourcing and subsequent statization of correctional facilities in Brazil. Triangulating between quantitative and qualitative information, we do not find evidence of quality deterioration in outsourced prisons and suggest that a key mechanism driving this result is the presence of public supervisors closely working on site with private entrepreneurs in a hybrid governance fashion. We then deliver a set of new propositions that move beyond hazard considerations to examine how the combination of heterogeneous public and private capabilities might yield learning and spillover effects unattainable through pure government management or full-fledged privatization.Working Paper Leviathan as a Minority Shareholder: A Study of Equity Purchases by the Brazilian National Development Bank (BNDES), 1995-2003(2010) SERGIO GIOVANETTI LAZZARINI; Musacchio, AldoWorking Paper Guarding the Guardians: An Analysis of Investigations against Police(2010) SANDRO CABRAL; SERGIO GIOVANETTI LAZZARINIInternal affairs divisions are organizations crafted to monitor the behavior of police officers. However, like many other public bureaucracies, the police is plagued with the “who guards the guardians” dilemma, which is a typical organizational design problem that occurs when the agents to be monitored are appointed as monitors. Consequently, there are reasons to believe that investigations will be inherently biased towards of certain police officers and certain types of deviations. In this paper we examine reasons why some complaints against police officers are sustained or not and if these complaints foster or not consequential sanctions. We employ a distinct dataset containing detailed information on investigation processes against police officers performed by the internal affairs division of a police organization in Brazil. We find that while certain organizational procedures adopted by the internal affairs division increase the speed in which the investigation is concluded, certain officer-specific characteristics (such as the status and tenure of the officer) and the nature of the accusation significantly affect the final verdict, thus suggesting potential bias in the overall process.Working Paper Monitorando a Polícia: Um Estudo sobre a Eficácia dos Processos Administrativos Envolvendo Policiais Civis na Corregedoria Geral da Bahia no Período 2005-2006(2008) SANDRO CABRAL; SERGIO GIOVANETTI LAZZARINI; Barbosa, Allan Claudius QueirozNo âmbito dos serviços públicos, há uma crescente preocupação sobre como aumentar a eficácia da organização governamental, incluindo maiores níveis de transparência e responsabilização. No caso específico da segurança pública, sendo o próprio sistema policial o responsável por identificar desvios de conduta na sociedade, este processo torna-se problemático quando as disfunções ocorrem dentro da estrutura da própria corporação. Nesta perspectiva, o presente estudo pretende compreender a dinâmica dos processos administrativos abertos contra policiais civis na Corregedoria Geral da Secretaria de Segurança Pública do Estado da Bahia no período 2005/2006, tomando como referência a conclusão, ou não, dos processos. Após uma discussão teórica que situa a delegação de autoridade e os mecanismos de influência na organização, análises quantitativas realizadas em 143 processos sugerem que atributos de função, posição na hierarquia e os relacionamentos desenvolvidos ao longo do exercício da atividade policial contribuem para o retardamento da conclusão dos processos administrativos na Corregedoria Geral. Assim, os resultados indicam que policiais parecem usar de canais de influência formal ou informal no sistema visando atenuar a ameaça de punição – uma conduta, portanto, desalinhada com o interesse público.Working Paper O Impacto de Capital Humano, Capital Social e Práticas Gerenciais na Sobrevivência de Empresas Nascentes: um Estudo com Dados de Pequenas Empresas no Estado de São Paulo(2008) Mizumoto, Fabio Matuoka; RINALDO ARTES; SERGIO GIOVANETTI LAZZARINI; Hashimoto, Marcos; Bedê, Marco AurelioA literatura tem encontrado que firmas menores e mais jovens têm, em geral, maior risco de fechamento do que empresas maiores e já estabelecidas no seu setor. O objetivo da nossa pesquisa é examinar empiricamente o impacto de três fatores que podem prolongar a sobrevivência de empresas nascentes: o capital humano do empreendedor, o seu capital social, e a adoção práticas gerenciais após a nova firma ser aberta. Com base na amostra de 1.961 empresas abertas e registradas na JUCESP (Junta Comercial do Estado de São Paulo) entre os anos de 1999 e 2003, realizamos um estudo de cunho quantitativo para examinar a probabilidade de sobrevivência destas empresas. Algumas variáveis se mostraram estatisticamente significantes para explicar a probabilidade de sobrevivência da empresa nascente – dentre elas, o grau de escolaridade do empreendedor e sua preparação prévia antes de abrir ao negócio (relacionados ao seu capital humano), a existência de pessoas na família com negócios similares (relacionada ao seu capital social) e, principalmente, a adoção de práticas gerenciais tais como a busca de antecipar acontecimentos e a procura por informações relevantes. Estes resultados ressaltam a necessidade de considerar elementos de diferentes abordagens teóricas visando explicar as chances de sobrevivência de novos empreendimentos.