Since Fundamental Analysis is the foundation of our management philosophy, studying is for Dynamo an essential and cotidian tool.

Bibliographic References Reports Dynamo 85 and 86

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Fiesp (2013) O Peso da Burocracia Tributária na Indústria de Transformação


Gete, P. (2014) Dealing with Construction Permits, Interest Rate Shocks and Macroeconomic Dynamics.


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Bibliographic References Reports Dynamo 81 and 82

Bevelin, P. (2003) Seeking Wisdom from Darwin to Munger. Walsworth Publishing Co.

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Bibliographic References Reports Dynamo 75 and 76

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Bibliographic References Reports Dynamo 73 and 74

Arnold, M. (2011) The economics costs of excessive short-termism. Hyperion Asset Management, III Portfolio Construction Forum.

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Booth, P. (2011) Are financial markets ‘short-termist’? A crucial gap in Haldane´s argument.

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CFA Institute (2005) Breaking the short-term cycle. Discussion and recommendations on how corporate leaders, asset managers, investors, and analysts can refocus on long-term value.

Cheng, M. et al (2007) Earnings guidance and managerial myopia.

Dallas, L. (2011) Short-termism, the financial crises and corporate governance. University of San Diego, Legal Studies Research Paper Series, n. 11-052.

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Gorga, E (2008) Changing the paradigm of stock ownership from concentrated towards dispersed ownership? Evidence from Brazil and consequences for emerging countries. Cornell Law Library, FGV Law School-SP.

Greenwood, D. (2005) Democracy and Delaware: the mysterious race to the top/bottom. University of Utah, S.J. Quinney College of Law.

Ferrarini, G., Miller, G. (2009) Takeover regulation in the United States and Europe. Cornell International Law Journal, vol. 42.

Friedlander, J. (2008) Overturn Time-Warner three different ways. Delaware Journal of Corporate Law, vol. 33.

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Haldane, A. (2010) Patience and Finance. Bank of England, Speech at the Oxford China Business Forum, Beijing.

Haldane, A. (2011) The Short long. Bank of England, Speech at the 29th Sociètè Universitaire Européenne de Recherches Financieres, Brussels.

Institute for Sustainable Futures (2007) Causes of short-termism in the financial sector.

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Marathon Club (2006) Long-term, long-only investing, a consultation paper.

Mauboussin, M. (2006) Long-term investing in a short-term world. How psychology and incentives shape the investment industry. Legg Mason Capital Management.

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Bibliographic References Reports Dynamo 71 and 72

Ahdieh, R. (2009) The (misunderstood) genius of American corporate law. Emory University School of Law, research paper n. 10-57.

Armour, J., Skeel, D. (2006) Who whites the rules for hostile takeovers, and why? - The peculiar divergence of US and UK takeover regulation. Center for Business Research, University of Cambridge.

Armour, J. et alli (2010) A comparative analysis of hostile takeover regimes in the US, UK and Japan (with implications for emerging markets).

Armour, J. et alli (2011) The evolution of hostile takeover regimes in develop and emerging markets: an analytical framework. Harvard International Law Journal, vol. 52.

Bebchuk, L. (1992) Federalism and the corporation: the desirable limits on state competition in corporate law. Harvard Law Review, vol. 105. n.7.

Bebchuk, L. (2002) The case against board veto in corporate takeovers. The University of Chicago Law Review, vol. 69.

Bebchuk, L., Ferrel, A. (1999) Federalism and Takeover law: the race to protect managers from takeovers.

Bebchuk, L., Ferrel, A. (2001) A new approach to takeover law and regulatory competition. NBER, working paper n. 8148.

Bebchuk, L., Ferrel, A. (2002) On takeover law and regulatory competition. Harvard Law School. Harvard Law School, discussion paper n. 363.

Bebchuk, L., Hamdani, A. (2002) Optimal defaults for corporate law evolution. Harvard Law School, discussion paper n. 343.

Bebchuk, L., Hamdani, A. (2002) Vigorous race or leisurely walk: reconsidering the competition over corporate charters. Harvard Law School, discussion paper n. 376.

Black, B. (2001) The principal fiduciary duties of boards of directors. Presentation at 3th Asian Roundtable on Corporate Governance.

Black, B., Kraakman, R. (2002) Delaware´s takeover law: the uncertain search for hidden value. Northwestern University Law Review, vol 96, n. 2.

Comissão de Valores Imobiliários (2007) Instrução n. 461.

Comissão de Valores Imobiliários (2010) Instrução n. 487.

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Davies, H (2004) What´s left for self-regulation.

Davies, P. at alli. (2010) The takeover directive as a protectionist tool? ECGI, working paper n. 141.

Eizirik, N., at alli (2010), Proposta de criação do CAF, submetida à BM&Bovespa.

Gorga, E (2008) Changing the paradigm of stock ownership from concentrated towards dispersed ownership? Evidence from Brazil and consequences for emerging countries. Cornell Law Library, FGV Law School-SP.

Greenwood, D. (2005) Democracy and Delaware: the mysterious race to the top/bottom. University of Utah, S.J. Quinney College of Law.

Ferrarini, G., Miller, G. (2009) Takeover regulation in the United States and Europe. Cornell International Law Journal, vol. 42.

Friedlander, J. (2008) Overturn Time-Warner three different ways. Delaware Journal of Corporate Law, vol. 33.

Gilson, R. (2000) Unocal fifteen years later (and what we can do about it).

Hamermesh, L. (2006) The policy foundations of Delaware corporate law. Columbia Law Review, working paper, vol 106, n. 7, forthcoming.

Hamermesh, L. (2007) How we make law in Delaware, and what to expect from us in the future. Journal of Business & Technology Law, vol 2.

Hill, J. (2010) Takeovers, poison pills and protectionism in comparative corporate governance. University of Sidney, Faculty Law.

Iantosca, J. (2007) corporate board authority in takeover bids: a comparative analysis of the EU and US approaches. University of Lund, Faculty of Law.

Jordan, C, Hughes, P. (2007) Which way for market institutions: the fundamental question of self-regulation. Berkeley Business Law Journal.

Jr, Leo S. (2005) The Delaware way: how we do corporate law and some of the new challenges we (and Europe) face. Delaware Journal of Corporate Law, vol. 30.

Jr, Lewis B. (2007) Why corporations choose Delaware? Delaware Department of State.

Kahan, M., Rock, E. (2005) Symbiotic federalism and the structure of corporate law. Vanderbilt Law Review, vol.58.

Kihlstrom, R., Watcher, M. (2005) Corporate policy and the coherence of Delaware takeover law. University of Pennsylvania Law School.

Lipton, M. at alli (2001) pills, polls and professors: a reply to professor Gilson. New York University, Center for Law and Business.

Magnuson, W. (2009) Takeover regulation in the US and Europe: an institution approach. Harvard Law School.

Mukwiri, J. (2011) The myth of tactical litigation in UK takeovers. Durham University Research.

Nilsen, A. (2004) The EU takeover directive and the competitiveness of European industry. OCGG Economy analysis, n. 1.

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Rosenzweig, B. (2007) Private versus public regulation: a comparative analysis of British and American takeover controls. Duke University School of Law.

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The Panel on Takeovers and Mergers (2010) Review of certain aspects of the regulation of takeover bids.

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Bibliographic References Reports Dynamo 69 and 70

Attuch, R., Zagatti, F. (2011) ‘Demystifying’ debt affordability in Brazil. Barclays Capital. Equity Research.

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Bibliographic References Reports Dynamo 55 and 56

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Bibliographic References Reports Dynamo 51 and 52

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Roe, M. Political Determinants of Corporate Governance: Political Context, Corporate Impact. Harvard Law School. Discussion Paper n. 451.

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Villalonga, B., Amit, R. (2004) How Do Family Ownership, Control, and Management Affect Firm Value? Harvard Business School & The Wharton School

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Click on the title above and meet the bibliography covering the issues in the text of the Reports Dynamo 51 e 52.

Bibliographic References Reports Dynamo 49 and 50

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Schultz, P. Pseudo Market Timing and the Long-Run Underperformance of IPOs. University of Notre Dame, Apr-2002.

Click on the title above and meet the bibliography covering the issues in the text of the Reports Dynamo 49 and 50.

Bibliographic References Reports Dynamo 46

Shirk, S. (1993) The Political Logic of Economic Reform in China.
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Webber, M., Wang, M., Ying, Z. (2002) ed. China´s Transition to a Global Economy. Palgrave MacMillan

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Chai, J. (2003) China Transition to a Market Economy. Clarendon Press, Oxford.

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Tseng, W., Rodlauer, M. (2003) ed. China – Competing in the Global Economy. IMF Library of Congress.

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Qian, Y. (1999) The Institutional Foundations of China´s Market Transition. Stanford University.

Qian, Y., Wu, J. (2000) China´s Transition to a Market Economy: How Far across the River? Stanford University.

Walder, A. (2003) Sociologial Dimensions of China´s Economic Transition: Organization, Stratification, and Social Mobility. Asia/Pacific Research Center.

Qian, Y. (2003) How Reform Worked in China? University of California, Berkeley.

(2003) China´s Economy: Will the Bubble Burst? Woodrow Wilson International Center for Scholars. Asia Program Special Report.

Walker, J. (2004) Boomtown – Re-enter the Dragon. CLSA Asia Pacific Markets.

Walker, J. (2004) Twenty Questions. CLSA Asia Pacific Markets.

Lin, J. (2004) Lessons of China´s Transition from a Planned Economy to a Market Economy. Peking University and HK University of Science and Technology.

Sheehan, J, Hassard, J., Morris, J., Yuxin, X. (2004) State-enterprise Reform and Industrial Restructuring in China. Institute of Contemporary Chinese Studies.

Lin, J. (2004) Is China´s Growth Real and Sustainable? China Center for Economic Research.

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Roubini, N., Setser, B. (2005) China Trip Report. Stern School of Business e University College, Oxford.

Liu, Q. (2005) Corporate Governance in China: Current Practices, Economic Effects, and Institutional Determinants. School of Economics and Finance, HK.

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Frankel, J. (2005) On the Renminbi: The Choice between Adjustment under a Fixed ExchangeRate and Adjustment under a Flexible Rate. NBER, Working Paper n. 11.274.

Meng, J. Entrepreneurial-discovery, Policy and the Tao (Way) of Economic Efficacy. National University of Singapure.

Zhang, W, Yi, G. China´s Gradual Reform: A Historical Perspective. China Centre for Economic Research.

Click on the title above and meet the bibliography covering the issues in the text of the Reports Dynamo 46.