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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Autores principales: Erivelto Fioresi de Sousa, Francisco José Kliemann, Rafael Fontoura Andriotti, Rodrigo Rech Campagnolo
Formato: article
Lenguaje:EN
PT
Publicado: FUCAPE Business School 2020
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Acceso en línea:https://doaj.org/article/5ff134a3aa10401f90809450674c430b
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spelling oai:doaj.org-article:5ff134a3aa10401f90809450674c430b2021-11-11T15:48:08ZEconomic Assessment of Brazilian Public Ports: Value-Based Management1807-734X10.15728/bbr.2020.17.4.5https://doaj.org/article/5ff134a3aa10401f90809450674c430b2020-01-01T00:00:00Zhttp://www.redalyc.org/articulo.oa?id=123064005005https://doaj.org/toc/1807-734XPorts 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.Erivelto Fioresi de SousaFrancisco José KliemannRafael Fontoura AndriottiRodrigo Rech CampagnoloFUCAPE Business Schoolarticleport managementevaport rentabilityport performanceBusinessHF5001-6182ENPTBBR: Brazilian Business Review, Vol 17, Iss 4, Pp 439-457 (2020)
institution DOAJ
collection DOAJ
language EN
PT
topic port management
eva
port rentability
port performance
Business
HF5001-6182
spellingShingle port management
eva
port rentability
port performance
Business
HF5001-6182
Erivelto Fioresi de Sousa
Francisco José Kliemann
Rafael Fontoura Andriotti
Rodrigo Rech Campagnolo
Economic Assessment of Brazilian Public Ports: Value-Based Management
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
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
title Economic Assessment of Brazilian Public Ports: Value-Based Management
title_short 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_sort economic assessment of brazilian public ports: value-based management
publisher FUCAPE Business School
publishDate 2020
url https://doaj.org/article/5ff134a3aa10401f90809450674c430b
work_keys_str_mv AT eriveltofioresidesousa economicassessmentofbrazilianpublicportsvaluebasedmanagement
AT franciscojosekliemann economicassessmentofbrazilianpublicportsvaluebasedmanagement
AT rafaelfontouraandriotti economicassessmentofbrazilianpublicportsvaluebasedmanagement
AT rodrigorechcampagnolo economicassessmentofbrazilianpublicportsvaluebasedmanagement
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