Análise de indicadores econômico-financeiros de empresas listadas no índice de sustentabilidade empresarial

Abstract

The sustainability has emerged as a topic in debate in the last few decades, extending its discussion into corporations, their structure and their performances and the adoption of sustainable is a decision based in the influence on their business performance. This study aims to investigate whether the participation in the ISE improves the average of the economic-financial indicators of the publicly traded companies and aims to contribute to clarifying the discrepant results of previous studies, therefore to contribute to the theoretical foundation for management practices that seek to adapt in order to gain more advantages and attract investors. The data used on the analysis were secondary data gathered on Economatica, and were collected for all publicly traded Brazilian companies on B3 over the last five years, from december 31, 2019, to 2023. The variables analyzed included quick ratio, current ratio, total debt ratio, long-term debt ratio, ROA and ROE, and, after the outlier data treatment, were used descriptive statistics and the t-test for mean differences to compare indicator averages. The findings suggest that financial metrics, such as the liquidity and indebtedness ones, differ in their averages between sustainable and non-sustainable companies, indicating sustainability is influence only in liquidity and rentability, but the rentability ratios didn’t showed significant differences in their averages.