Português
DOI:
https://doi.org/10.18540/jcecvl6iss1pp0042-0048Keywords:
PortuguêsAbstract
This study is based on the balance sheets and income statements of Oi S.A.'s in the period from 2002 to 2016 to analyze the factors that led in judicial recovery process. The indicators suggest that financial situation of Oi S.A. is highly influenced by short-term debt. In mid-2016, the company tried to restructure the company's debt, but as Oi S.A had no financial sustainability, it may have negatively influenced on fundraising. Thus, as constant income declines, corporate governance instability, constant fines imposed on the company and the lawsuits faced, the company's financial health collapsed.