COMPARISON OF TRADITIONAL FINANCIAL ACCOUTING INDICATORS WITH EVA® COMPANIES IN THE BUILDING IN ORDER TO ASSESS ITS ADVANTAGES AND DISADVANTAGES
AbstractThis paper intends to perform the calculation of its EVA® and compare it with the traditional economic indicators in the determination of net income, verifying the advantages and disadvantages of applying (EVA®) as a Management System Based on value. The relevance of this study is to recognize the best proposal that adequately to measure the amount of capital and its opportunity cost. The proposed methodology is based on applying a metric to adequately measure the value of capital and the cost of their compensation through comparison between the traditional method and (EVA®) ten construction companies extracted from the BM & FBOVESPA website. The study results point out that the book profit does not represent the actual value of gain or loss to the stakeholders, the loss itself does not mean prejudice because the traditional metric does not include the opportunity cost.
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