Economic Value Added: A Comparative Study on the Methodologies Gecon - Economic Management and EVA - Economic Value Added. / Valor econômico adicionado: Estudo comparativo das metodologias GECON - Gestão econômica e Economic Value Added - Eva.

AUTOR(ES)
DATA DE PUBLICAÇÃO

2005

RESUMO

The main objective of this dissertation is to compare the following methodologies GECON Economic Management and EVA Economic Value Added and verify if both measure the economic value added. GECON is a methodology with wide and permanent research and with numerous academic works published. EVA is a methodology developed by Stern Stewart &Company with wide commercial application. The complexity of businesses, the companies structural rearrangements worldwide as well as the obsession for results drive businessmen to use all of their creativity in the search for satisfying their stakeholders. The offer of capitals demands adequate remuneration in order to keep them in business. This dissertation is aimed at providing a comparative analysis on the GECON and EVA methodologies as it concerns their capacity to measure the economic value added, in order to supply the business managers with information and to encourage the creation of value for the shareholder. The underlying hypothesis is that if the methodologies GECON and EVA are intended to measure the economic value added, then these are methodologies conveying to the measurement of the economic value added. The comparative analysis of the GECON and EVA methodologies was based upon original the following bibliography (primary): Controladoria: uma abordagem de gestão econômica GECON, by Armando Catelli (coordinator) and The quest for value: a guide for seniors managers, by G. Bennett Stewart, respectively. Initially, an explanation of the conceptual basis supporting the methodologies GECON and EVA is made. Then, a presentation of the methodologies GECON and EVA is made, highlighting their characteristics, areas of concentration, architecture and applicability. Lastly, the analysis of the methodologies GECON and EVA was developed by simulating the performance of GECON with the processing of the transactions for periods Tø to T4; and describing the performance of EVA with application in operational decisions. The value added by GECON and EVA was compared and a table with their main approaches was presented. Conclusion indicates that both methodologies GECON and EVA measure the economic value added.

ASSUNTO(S)

acionista valor adicionado value added stakeholders gestão econômica operating profit valor economico adicionado lucro operacional ciencias humanas economic management stakeholders shareholder

ACESSO AO ARTIGO

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