Bem-vindo / Pessoas / Membros integrados / Doutorados / Serrasqueiro, Zélia Maria da Silva
Zélia Maria da Silva Serrasqueiro
Professor Associado (Universidade da Beira Interior)

Coordenador do grupo de investigação em Finance and Accounting

Doutorada em Gestão (U. Beira Interior, 2001), Licenciada em Gestão (ISEG/UTL, 1988).

Áreas de investigação:

Corporate Finance; Financial Institutions and Small Business Financing; Small Business Management and Entrepreneurship.

Artigos publicados em revistas científicas seleccionadas (indexadas no ranking do CEFAGE-UE)

Nunes, P.M., M. Gonçalves, Z. Serrasqueiro (2013), "The influence of age on SMEs’ growth determinants: empirical evidence", Small Business Economics, 40(2), 249-272.
Nunes, P.M., Z. Serrasqueiro, J. Leitão (2013), "Assessing the nonlinear nature of the effects of R&D intensity on growth of SMEs: a dynamic panel data approach", Journal of Evolutionary Economics, 23(1), 97-128.
Nunes, P.M., Z. Serrasqueiro, J. Leitão (2012), "Is there a linear relationship between R&D intensity and growth? Empirical evidence of non-high-tech vs. high-tech SMEs", Research Policy, 41(1), 36-53.
Serrasqueiro, Z., P.M. Nunes (2012), "Is age a determinant of SMEs’ financing decisions? Empirical evidence using panel data models", Entrepreurship Theory and Practice, 36(4), 627-654.
Nunes, P.M., Z. Serrasqueiro (2012), "Are young SMEs’ survival determinants different? Empirical evidence using panel data", Applied Economics Letters, 19(9), 849-855.
Serrasqueiro, Z., M.R. Armada, P.M. Nunes (2011), "Pecking order theory versus trade-off theory: are service SMEs' capital structure decisions different?", Service Business, 5(4), 381-409.
Nunes, P.M., Z. Serrasqueiro, L. Mendes, T. Sequeira (2010), "Relationship between growth and R&D intensity in low-tech and high-tech Portuguese service SMEs", Journal of Service Management, 21(3), 291-320.
Serrasqueiro, Z., P.M. Nunes (2010), "Non-linear relationships between growth opportunities and debt: Evidence from quoted Portuguese companies ", Journal of Business Research, 63(8), 870-878.
Serrasqueiro, Z., P.M. Nunes, J. Leitão, M. Armada (2010), "Are there non-linearities between SME growth and its determinants? A quantile approach", Industrial and Corporate Change, 19(4), 1071-1108.
Nunes, P.M., Z. Serrasqueiro, J. Leitão (2010), "Are there non linear relationships between the profitability of Portuguese services SMEs and its specific determinants?", Service Industries Journal, 30(8), 1313-1341.
Nunes, P.M., Z. Serrasqueiro, T. Sequeira (2009), "Profitability in Services Portuguese Firms: A Panel Data Approach", Service Industries Journal, 29(5), 693-707.
Nunes, P.M., Z. Serrasqueiro (2009), "Gibrat's law: empirical test for Portuguese services industries using dynamic estimators", Service Industries Journal, 29(2), 219-233.
Serrasqueiro, Z., P.M. Nunes (2008), "Performance and size: empirical evidence from Portuguese SMEs", Small Business Economics, 31(2), 195-217.
Nunes, P., T. Sequeira, Z. Serrasqueiro (2007), "Firm’s leverage and labour productivity: a quantile approach in Portuguese firms", Applied Economics, 39(14), 1783-1788.
Nunes, P., Z. Serrasqueiro (2007), "Capital structure of Portuguese service industries: a panel data analysis", Service Industries Journal, 27(5), 70-76.

Artigos publicados em revistas científicas indexadas na base ISI (não indexadas no ranking do CEFAGE-UE)

Serrasqueiro, Z., A. Caetano (forthcoming), "Trade-off versus pecking order theory: capital structure decisions in a peripheral region of Portugal", Journal of Business Economics and Management.
Nunes, P.M., Z. Serrasqueiro, A. Nunes, L. Mendes (forthcoming), "The relationship between companies growth and labour productivity in Portuguese SMEs: a dynamic panel data approach", Transformations in Business and Economics.
Mendes, S., Z. Serrasqueiro, Z., P.M. Nunes (forthcoming), "Investment determinants of young and old Portuguese SMEs: a quantile approach", Cuadernos de Economía y Dirección de la Empresa.
Carvalho, P.G., Z. Serrasqueiro, P.M. Nunes (2013), "Profitability Determinants of Fitness SMEs: Empirical Evidence from Portugal Using Panel Data", Amfiteatru Economic, 15(34), 417-430.
Carvalho, P.G., Z. Serrasqueiro, P.M. Nunes (2013), "Growth determinants of small and medium-sized fitness enterprises: empirical evidence from Portugal", European Sport Management Quarterly, 13(4), 428-449.
Nunes, P.M., S. Mendes, Z. Serrasqueiro (2012), "SMEs’ investment determinants: empirical evidence using quantile approach", Journal of Business Economics and Management, 13(5), 866-894.
Serrasqueiro, Z., S. Mendes, P.M. Nunes, M. Armada (2012), "Do the investment determinants of new SMEs differ from those of existing SMEs? Empirical evidence using panel data", Investment Analysts Journal, 76, 51-67.
Nunes, P.M., A. Viveiros, Z. Serrasqueiro (2012), "Are the determinants of young SME profitability different? Empirical evidence using dynamic estimators", Journal of Business Economics and Management, 13(3), 443-470.
Serrasqueiro, Z., P.M. Nunes, J.V. Silva (2012), "Are financing decisions of family-owned SMEs different? Empirical evidence using panel data", Journal of Management & Organization, 18(3), 363-382.
Serrasqueiro, Z., P.M. Nunes (2011), "The capital structure of Portuguese SMEs: empirical evidence using dynamic panel data", Transformations in Business and Economics, 10(1), 62-80.
Serrasqueiro, Z., P.M. Nunes, J. Leitão (2011), "Sources of finance for R&D investment: empirical evidence from Portuguese SMEs using dynamic estimators", Innovation: Management, Policy & Practice, 13(2), 187-206.
Serrasqueiro, Z. (2009), "Growth and profitability in portuguese companies: a dynamic panel data approach", Amfiteatru Economic, 26, 565-573.
Serrasqueiro, Z., P.M. Nunes, J. Leitão (2009), "Companies growth and labour productivity in SMEs: empirical evidence", Actual Problems of Economics, 92, 229-240.
Serrasqueiro, Z., P.M. Nunes (2008), "SMEs growth: empirical evidence using dynamic panel estimators", Actual Problems of Economics, 90, 40-47.
Serrasqueiro, Z., S. Mendes, P.M. Nunes (2008), "Companies’ investment determinants: comparison of different panel data estimators", South African Journal of Economic and Management Sciences, 11(4), 475-493.
Almeida, A., Z. Serrasqueiro, A. Rogério (2006), "Protocolo de revisão de utilização de recursos num hospital público Português", Acta Médica Portuguesa, 19(5), 381-385.
Nunes, P., Z. Serrasqueiro, P. Saraiva (2005), "Consequences of corporate debt financing in price agreements’ stability", Ekonomický Časopis, 53(10), 1038-1050.

Artigos publicados noutras revistas científicas

Mendes, S., P.M. Nunes, Z. Serrasqueiro (forthcoming), "Economic conjuncture and SME investment: empirical evidence from Portugal", Current Politics and Economics of Europe.
Serrasqueiro, Z. (2011), "The influence of age and size on the relationships between debt and determinants: An empirical study on portuguese SMEs", International Journal of Entrepreneurship and Small Business, 12(2), 139-157.
Serrasqueiro, Z. (2011), "Are capital structure decisions of service SMEs different? Empirical evidence from Portugal", Management Research Review, 34(1), 34-57.
Leitão. J., Z. Serrasqueiro, P.M. Nunes (2010), "Testing Gibrat´s law for listed Portuguese companies: a quantile approach", International Research Journal of Finance and Economics, 37, 147-158.
Serrasqueiro, Z. (2010), "Profitability determinants: differences between service and manufacturing portuguese SMEs", Journal of Current Issues in Finance, Business and Economics, 3(2/3), 1-26.
Matias, M., Z. Serrasqueiro, C. Costa (2010), "Banking relationship and credit terms: empirical evidence from Portuguese small firms", American Journal of Social and Management Sciences, 1(2), 102-123.
Serrasqueiro, Z., P.M. Nunes (2010), "Are trade – off and pecking order theories mutually exclusive in explaining capital structure decisions?", African Journal of Business Management, 4(11), 2216-2230.
Serrasqueiro, Z., M. Rogão (2009), "Capital structure of listed portuguese companies: determinants to debt adjustment", Review of Accounting and Finance, 8(1), 54-75.
Serrasqueiro, Z., P.M. Nunes (2008), "Separation between management and ownership: implications to financial performance", Corporate Ownership and Control, 6(1), 16-21.
Serrasqueiro, Z. (2008), "Relationship between debt and market power: empirical evidence using panel data models", International Research Journal of Finance and Economics, 18, 151-158.
Serrasqueiro, Z., P.M. Nunes (2008), "Determinants of capital structure: comparison of empirical evidence from the use of different estimators", International Journal of Applied Economics, 5(1), 14-29.
Nunes, P.M., Z. Serrasqueiro (2008), "Debt implications in durable goods monopolists", International Research Journal of Finance and Economics, 18, 32-52.
Serrasqueiro, Z., P.M. Nunes (2007), "The explanatory power of the capital structure theories: a panel data analysis", ICFAI Journal of Applied Finance, 13(7), 23-38.
Marques, A., P.M. Nunes, Z. Serrasqueiro (2007), "Investment determinants of small and medium–sized companies: an empirical analysis", Empirical Economics Letters, 6(7), 439-450.
Serrasqueiro, Z., P. Nunes, T. Sequeira (2007), "Firms’ growth opportunities and profitability: a non-linear relationship", Applied Financial Economics Letters, 3(6), 373-379.
Nunes, L., Z. Serrasqueiro (2006), "O contabilista como fonte de aconselhamento das pequenas empresas", Revista Portuguesa e Brasileira de Gestão, 5(2), 48-60.
Nunes, P., Z. Serrasqueiro, A. Marques (2006), "Gibrat’s law: empirical test for large Portuguese companies", Empirical Economics Letters, 5(6), 363-370.
Nunes, L., Z. Serrasqueiro (2004), "As pequenas empresas e a informação contabilística", Estudos de Gestão – Portuguese Journal of Management Studies, 9(2), 149-165.
Nunes, L.C.F., Z. Serrasqueiro (2004), "A informação contabilística nas decisões financeiras das pequenas empresas", Revista Contabilidade e Finanças - USP, 36, 87-96.
Simão, J.E., Z. Serrasqueiro (2003), "The search for capital sources by small and medium-sized enterprises: a survey about Portuguese firms", Forum Empresarial, 8(2), 33-59.
Serrasqueiro, Z. (2001), "Padrões seguidos pelas PME Portuguesas no recurso a fontes de capital", Revista de Gestão e Economia, 1, 57-69.

Artigos e capítulos em livros

Mendes, S., P.M. Nunes, Z. Serrasqueiro (2011), "Influence of economic conjuncture on SMEs investment: empirical evidence using panel data", in Richard L. Bertrand (eds.), Theories and Effects of Economic Growth Nova Publishers, 143-158 (ISBN: 978-1-61209-795-4).
Serrasqueiro, Z. (2010), "Profitability determinants: an empirical study of Portuguese SMEs", in C.V. Karsone (eds.), Finance and Banking Developments, New York: Nova Science Publishers, 75-97 (ISBN: 9781608763290).
Serrasqueiro, Z., P.M. Nunes (2009), "Kibs growth: diagnosis and suggestions for public policy to promote entrepreneurship in Portugal", in J. Leitão, R. Baptista (eds.), Public Policies for Fostering Entrepreneurship – A European Perspective, New York: Springer, 163-179 (ISBN: 978-1-4419-0248-1).
Serrasqueiro, Z. (2003), "Influência dos proprietários e/ou gestores nas decisões de financiamento das PME", in J.M.B. Fernandez, J.A.D. Castro, B.B. Fernandez Barreiro, E.R. Sanmartin, F.L. Pérez (eds.), Gestíon Cientifica Empresarial: Temas de Investigación Actuales, Coruña: Netbiblo, 335-349 (ISBN: 84-9745-051-5).

Livros técnicos

Raposo, M., A. Paço, D. Leitão, J. Ferreira, M. Silva, R. Rodrigues, Z. Serrasqueiro (2006), "Manual de Benchmarking para as Universidades", Lisboa: Publisher Team (ISBN: 978-989-601-035-5).

Teses de doutoramento

Serrasqueiro, Z. (2001), Financiamento das Pequenas e Médias Empresas Portuguesas: Fontes de Capital Externas na Perspectiva do Lado da Procura, Ph.D. thesis, Universidade da Beira Interior, Portugal.

Projectos financiados por instituições nacionais de apoio à investigação

Fundação para a Ciência e Tecnologia

01/01/2011-31/12/2013
27 600€

FCT

2008-2011
400 000€

Projectos financiados por programas internacionais de âmbito universitário e empresarial

European Union (INTERREG III Program)

01/09/2004-30/06/2006
100 000 €

Teses de doutoramento

Autor: Sílvia M.D. Mendes
Orientador(es): aulo Maçãs Nunes, Zélia Serrasqueiro
Grau: PDegree: Ph.D. (Economics)
Instituição: Institution: Universidade da Beira Interior
Ano: 2012
Autor: Pedro Silva Marques
Orientador(es): Zélia Serrasqueiro
Grau: Ph.D. (Management)
Instituição: Universidade da Beira Interior
Ano: 2008
Autor: Miguel Matias
Orientador(es): Zélia Serrasqueiro
Grau: Ph.D. (Management)
Instituição: Universidade da Beira Interior
Ano: 2006

Teses de mestrado

Autor: Carmen H.A. Varela
Orientador(es): Zélia Serrasqueiro
Grau: M.Sc. (Economics)
Instituição: Universidade da Beira Interior
Ano: 2012
Autor: Neuza M.P. Batista
Orientador(es): Zélia Serrasqueiro
Grau: M.Sc. (Economics)
Instituição: Universidade da Beira Interior
Ano: 2012
Autor: Cátia A.R. Magalhães
Orientador(es): Zélia Serrasqueiro
Grau: M.Sc. (Economics)
Instituição: Universidade da Beira Interior
Ano: 2012
Autor: Diana C.M. Rodrigues
Orientador(es): Zélia Serrasqueiro
Grau: M.Sc. (Economics)
Instituição: Universidade da Beira Interior
Ano: 2012
Autor: Sónia C.P. Raposo
Orientador(es): Zélia Serrasqueiro
Grau: M.Sc. (Economics)
Instituição: Universidade da Beira Interior
Ano: 2009
Autor: Luísa Riscado
Orientador(es): Zélia Serrasqueiro
Grau: M.Sc. (Management)
Instituição: Universidade da Beira Interior
Ano: 2009
Autor: Carina Gonçalves
Orientador(es): Zélia Serrasqueiro
Grau: M.Sc. (Economics)
Instituição: Universidade da Beira Interior
Ano: 2009
Autor: Dina B. Pereira
Orientador(es): Zélia Serrasqueiro, Mário Raposo
Grau: M.Sc. (Management)
Instituição: Universidade da Beira Interior
Ano: 2007
Autor: Sílvia Mendes
Orientador(es): Paulo J.M. Nunes, Zélia Serrasqueiro
Grau: M.Sc. (Economic Science)
Instituição: Universidade da Beira Interior
Ano: 2007
Autor: Márcia C.R. Rogão
Orientador(es): Zélia Serrasqueiro
Grau: M.Sc. (Economic Science)
Instituição: Universidade da Beira Interior
Ano: 2007
Autor: Paula C. Coelho
Orientador(es): Zélia Serrasqueiro
Grau: M.Sc. (Management)
Instituição: Universidade da Beira Interior
Ano: 2006
Autor: Sofia M.A.B. Silva
Orientador(es): Zélia Serrasqueiro
Grau: M.Sc. (Management)
Instituição: Universidade da Beira Interior
Ano: 2006
Autor: Paulo P. Saraiva
Orientador(es): Zélia Serrasqueiro
Grau: M.Sc. (Economic Science)
Instituição: Universidade da Beira Interior
Ano: 2005
Autor: Leonor Nunes
Orientador(es): Zélia Serrasqueiro
Grau: M.Sc. (Economic Science)
Instituição: Universidade da Beira Interior
Ano: 2004