Rosecler Maschio Gilioli

A criação de valor medida pelo EVA versus o resultado contábil

This article aims to apply the measure of performance EVA ® in the financial statements of a company located in the mountainous region of the State of Rio Grande do Sul, for the financial years 2006, 2007 and 2008. Were discussed concepts and features of Value-based management, concepts of Economic Value Aded (EVA ®). In this case were evidenced calculation formulas discussed by the authors to help understand this measure of performance. This search can be classified as quantitative and exploratory, operacionalizada through a single case study, based on literature review and data collection through a desk research. There was the added value in just an accounting exercise, notably, justified by the Statements in question. Based on the development of study one can realize the importance for business management, which in addition to the accounting profit, has information about the creation or not of value for its shareholders. The company, in the period under examination, it underwent significant changes, i.e. it is no longer a simple rural producer and becoming a id-market agribusiness. These changes are providing positive outcomes for members, identified by applying the calculation of EVA ®.