Resumo
Este artigo objetiva verificar a influência das características do gestor no orçamento de capital de empresas hoteleiras de Florianópolis/SC. Propõe-se que o efeito das características do gestor no desempenho dos hotéis é indireto por meio de variáveis mediadoras da utilização de práticas de orçamento de capital sofistificadas e não sofisticadas. Utilizou-se o método Partial Least Square para analisar as relações. Os resultados mostram que gestores mais velhos e com mais tempo no cargo tendem a utilizar menos práticas sofisticadas de orçamento de capital. Não foi confirmada a influência positiva do uso de práticas sofisticadas de investimentos no desempenho não financeiro.
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