Economic Assessment of Brazilian Public Ports: Value-Based Management
Ports are among the main links of the international logistic chain and, consequently, an important element of economic development. Thus, this study aims to investigate the economic and financial results of Brazilian public ports by evaluating their ability to generate economic value. Therefore, we...
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| Format: | Article |
| Language: | English |
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FUCAPE Business School
2020-01-01
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| Series: | BBR: Brazilian Business Review |
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| Online Access: | http://www.redalyc.org/articulo.oa?id=123064005005 |
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| author | Erivelto Fioresi de Sousa Francisco José Kliemann Rafael Fontoura Andriotti Rodrigo Rech Campagnolo |
| author_facet | Erivelto Fioresi de Sousa Francisco José Kliemann Rafael Fontoura Andriotti Rodrigo Rech Campagnolo |
| author_sort | Erivelto Fioresi de Sousa |
| collection | DOAJ |
| description | Ports are among the main links of the international logistic chain and, consequently, an important element of economic development. Thus, this study aims to investigate the economic and financial results of Brazilian public ports by evaluating their ability to generate economic value. Therefore, we assessed the port authorities with traditional financial indicators as well as with Economic Value Added (EVA) indicators, aiming to assess companies’ ability to create wealth for ports’ capital investors. Findings indicate that, despite the satisfactory financial situation, such results are not due to the businesses’ operation, but most likely due to governmental subsidies. Port authorities also showed inefficiency to remunerate the capital invested. The study contributes to the literature by shedding light on the discussion about the economic and financial management of public ports and the use of public resources in the port sector. |
| format | Article |
| id | doaj-art-5ff134a3aa10401f90809450674c430b |
| institution | Kabale University |
| issn | 1807-734X |
| language | English |
| publishDate | 2020-01-01 |
| publisher | FUCAPE Business School |
| record_format | Article |
| series | BBR: Brazilian Business Review |
| spelling | doaj-art-5ff134a3aa10401f90809450674c430b2025-02-06T23:39:33ZengFUCAPE Business SchoolBBR: Brazilian Business Review1807-734X2020-01-0117443945710.15728/bbr.2020.17.4.5Economic Assessment of Brazilian Public Ports: Value-Based ManagementErivelto Fioresi de SousaFrancisco José KliemannRafael Fontoura AndriottiRodrigo Rech CampagnoloPorts are among the main links of the international logistic chain and, consequently, an important element of economic development. Thus, this study aims to investigate the economic and financial results of Brazilian public ports by evaluating their ability to generate economic value. Therefore, we assessed the port authorities with traditional financial indicators as well as with Economic Value Added (EVA) indicators, aiming to assess companies’ ability to create wealth for ports’ capital investors. Findings indicate that, despite the satisfactory financial situation, such results are not due to the businesses’ operation, but most likely due to governmental subsidies. Port authorities also showed inefficiency to remunerate the capital invested. The study contributes to the literature by shedding light on the discussion about the economic and financial management of public ports and the use of public resources in the port sector.http://www.redalyc.org/articulo.oa?id=123064005005port managementevaport rentabilityport performance |
| spellingShingle | Erivelto Fioresi de Sousa Francisco José Kliemann Rafael Fontoura Andriotti Rodrigo Rech Campagnolo Economic Assessment of Brazilian Public Ports: Value-Based Management BBR: Brazilian Business Review port management eva port rentability port performance |
| title | Economic Assessment of Brazilian Public Ports: Value-Based Management |
| title_full | Economic Assessment of Brazilian Public Ports: Value-Based Management |
| title_fullStr | Economic Assessment of Brazilian Public Ports: Value-Based Management |
| title_full_unstemmed | Economic Assessment of Brazilian Public Ports: Value-Based Management |
| title_short | Economic Assessment of Brazilian Public Ports: Value-Based Management |
| title_sort | economic assessment of brazilian public ports value based management |
| topic | port management eva port rentability port performance |
| url | http://www.redalyc.org/articulo.oa?id=123064005005 |
| work_keys_str_mv | AT eriveltofioresidesousa economicassessmentofbrazilianpublicportsvaluebasedmanagement AT franciscojosekliemann economicassessmentofbrazilianpublicportsvaluebasedmanagement AT rafaelfontouraandriotti economicassessmentofbrazilianpublicportsvaluebasedmanagement AT rodrigorechcampagnolo economicassessmentofbrazilianpublicportsvaluebasedmanagement |