Analysis of VALE's economic and financial indicators after the rupture of the Mariana and Brumadinho dams (MG)

Authors

DOI:

https://doi.org/10.33228/scribes.2023.v4.15872

Abstract

Due to the growing importance of environmental preservation, a consensus is sought between economic efficiency and ecological prudence in terms of social responsibility and environmental management in the development of organizations. In this scenario, this research aimed to analyze the effects on the statements of the mining company VALE S.A after the rupture of the dams in the cities of Mariana and Brumadinho in Minas Gerais. The empirical strategy consisted of using averages tests and regression models, using the period from December 2011 to June 2019 on a quarterly basis as a reference. Among the main results, it should be noted that indebtedness suffered the greatest effects in December 2015. This shows greater dependence on third party capital and greater risk of default. The survey concluded that the effects were minimal due to the rapid recovery of the indicators in a context of market crisis in conjunction with the environmental accident.

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Author Biographies

Thaís Moreira, Pontifícia Universidade Católica - Rio Grande do Sul (PUC RS)

Pós-graduada em Contabilidade, Gestão Financeira e Fiscal - PUC RS. Contadora CRC MG-125623/O-1. ORCID: https://orcid.org/0009-0007-3571-3843. E-mail: thais01moreira@gmail.com

Raquel Berger Deorce, Universidade Federal de Juiz de Fora

Doutoranda em Ciências Contábeis – FUCAPE. Professora do departamento de Ciências Contábeis da Universidade Federal de Juiz de Fora - Campus Governador Valadares (UFJF/GV). ORCID: https://orcid.org/0000-0001-7713-6043 . E-mail: raquel.berger@ujfj.br

Marconi Miranda, Universidade Federal de Juiz de Fora

Doutor em Administração – PPG-ADM/UFV. Professor Adjunto do departamento de Economia da Universidade Federal de Juiz de Fora - Campus Governador Valadares (UFJF/GV). ORCID: http://orcid.org/0000-0001-8870-347X. E-mail: marconismiranda@hotmail.com

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Published

2023-09-04

How to Cite

Silvano, T. M., Deorce, R. B., & Miranda, M. S. (2023). Analysis of VALE’s economic and financial indicators after the rupture of the Mariana and Brumadinho dams (MG). SCRIBES - Brazilian Journal of Management and Secretarial Studies, 4(1). https://doi.org/10.33228/scribes.2023.v4.15872

Issue

Vol. 4 No. 1 (2023)

Section

Articles

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