Relationship between benefit values granted to contributors and financial performances: a focus-based analysis of IBRX-100 companies

Abstract

Accounting Science has as one of its great challenges to demonstrate and make available to its users, information that portrays the relationships of companies with society. Thus, in 2008, the elaboration and disclosure of the Value Added Statement (VAS) for publicly-held companies became mandatory, which evidences the distribution of company wealth among various agents internal and external to them. The purpose of this study was to analyze the relationship between the benefits granted to employees and the performance of companies that make up the Ibrx-100 during the period from 2010 to 2017. Data on benefits granted to employees were (in the companies' DVA, by the database, ComDinheiro®) and in a qualitative way (in the explanatory notes of the companies), the performance indicators were collected from the ComDinheiro® database. The research sample consists of 54 companies that make up the Ibrx-100 of B3, for 8 years (2010 to 2017). Through the Pearson correlation test, there was a strong positive correlation between EBITDA and benefits offered to employees. Thus, it is indicated that the higher the value of benefits to employees, the better the performance of companies, obtained by EBITDA; which, because it is an essentially operational measure, is capable of capturing the companies 'performance and the level of productivity they achieve in their end-activities, relating to the employees' efforts in the existing operational activities.