Indicadores econômico-financeiros: análise comparativa entre empresas participantes e não participantes do Índice de Sustentabilidade Empresarial (ISE B3)

Abstract

The aim of this study was to comparatively analyze the economic and financial indicators of companies in the Basic Materials sector that are and are not members of the Corporate Sustainability Index (ISE B3), from 2014 to 2023. The data was collected from the Economatica® database, organized in Microsoft Excel® software and then analyzed using Stata statistical software, which was used to carry out descriptive analyses and tests to verify the normality of the data and to assess differences in means and medians. In general, the results of the research showed that whether or not a company participates in the ISE does not indicate a statistical difference when considering the results of the economic and financial indicators. Among the indicators observed in this study, only the medians of the Debt to Assets and Debt to Equity were different. For the Assets Turnover indicator, there was no statistical difference in the average, nor were there any statistical differences between the medians for Current Liquidity, General Liquidity, Net Margin, Gross Margin, Return on Assets and Earnings per Share between companies belonging and not belonging to the ISE.