O impacto da crise financeira nas empresas de saúde brasileiras com capital aberto

Abstract

In order to understand the behavior of healthcare companies, introduced in the financial market through the IPO, before the impacts and effects of the financial crisis of 2008, this study used descriptive statistics related to various forms of risk and performance of distributions of nominal daily net return of stocks of companies that compose the analyzed sector, semi-annually from 2007 to 2013, using as a benchmark the Bovespa Index. Likewise, an analysis of financial indicators that provided a different view of the performance of these companies was also performed. The scenario experienced between 2007 and 2008 was devastating with consequences providing insolvency of many companies of many markets, which generated mistrust and lack of credit from financial investors, reaching the Brazilian market, leading to significant accumulated losses to the Bovespa Index. At the height of the crisis, the stocks suffered great loss, at least 67% of the shares had negative returns, suffering likewise in the accounting. However, from 2009, the scenario was of recovery and superb performances.