Subvenção governamental e agregação de valor à sociedade: um estudo com empresas do novo mercado da B3

Abstract

The present study aims to analyze whether government subsidies and assistance (SAGs) contributed to companies adding greater value to society, since one of the objectives of SAGs is to bring greater benefit to society through the benefited companies. In order to identify this, B3's Novo Mercado companies were analyzed in the period from 2017 to 2019, through the explanatory notes and the Statement of Added Value. This research, in reference to the methodology, is classified as descriptive, bibliographic and quantitative. As for the analysis of the data, proportion ratios of the Net Added Value were calculated, the amount distributed to Personnel and the amount distributed to the Government in relation to the Total Added Value. And to make sure that there was a difference in these indexes between the benefited and non-benefited companies in the time series, the Mann-Whitney and T-test tests were used. The conclusion obtained for this sample using this methodology is that the sample means of these indices are statistically similar, indicating that the percentages of value added between companies with and without government subsidies are similar.