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The impact of European funds in view of the companies' value creation

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Abstract(s)

Over the last few years business management has become quite complex, leading to constant risks in the business context resulting from economies’ globalization, not only by the frequent change in the organizations’ proprietary structure, but also due to technological innovation and competitiveness in the global market. The sum of all the factors referred to above and the actual pandemic situation has substantially increased the level of risk in current or strategic management decisions taken within the scope of the organizations’ activity. Thus, the aim of this research is to study the impact of EU funds on Portuguese companies, by analyzing companies that have benefited from European incentives under the Innovation Incentive System, since it covers financing investments of global and strategic nature in productive areas. In this sense, the sample includes the companies that had projects approved in 2014 and aims to verify the impact of these incentives on the capacity of value creation, as well as on job creation and internationalization level in years of 2015, 2016, 2017 and 2018.

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Keywords

European funds Value creation Internationalization Risks Economic value added Profitability Employment Investments

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Citation

Teixeira, N., Lisboa, I., Brites, R. & Godinho, T. (2021). The Impact of European Funds in View of Company Value Creation (chapter 1). Handbook of Research on Financial Management During Economic Downturn and Recovery, IGI Global. DOI: 10.4018/978-1-7998-6643-5.ch001

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