1. The Research Problem and its Importance

The idea is to understand how is the impact of the Macroeconomic Enviroment in which foreign subsidiaries operate affects the investment decisions of multinational corporations (MNCs).
Variables: The asset growth will be the proxy of investment. (The Price-to-earnings ratio is the proxy for grwth opportunities)
Macroeconomic Variables:  Consume, Investments and prduct. (Confidence Index, IED,..)
The importance is to introduce the external enviromento importance discussion into the brazilian economy. Focusing firstly in the macroeconomic environment than the informational one.