BRAZILIAN STATES FINANCIAL SITUATION VERIFYING: A PROPOSAL WITH THE USAGE OF DISCRIMINANT ANALYSIS
DOI:
https://doi.org/10.11606/rco.v1i1.34698Keywords:
financial situation, Brazilian states, discriminant analysisAbstract
When Public entities' financial situation is studied, we face many indicators and different ways and formulae to calculate them. Each author seeks to demonstrate these ways on his own manner, on a mean that according to his justification best represents them. In this context, the objective of this paper is to propose a discriminant function with the indicators that represent Brazilian states financial situation. In order to achieve this objective, there had been selected indicators related to finances, calculated for the period of 2000 to 2005, for every Brazilian state. Afterwards, Discriminant Analysis statistics technique was applied. Considering the results, after attending the presuppositions, it was concluded that the variables which best represent Brazilian states financial situation are those providing per capita income (RP/Population) and the relation between total assets (AT) less the total liability (PT) and net current revenue (RCL) [(AT - PT)/ RCL]. Thus, it is demonstrated that the financial situation is not explained by a single indicator, and it is necessary a set of indicators statistically reunited.Downloads
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