ECONOMIC VALUE ADDED AND THE DEBATE ON THE MOST RELEVANT VARIABLE

Authors

  • Leonardo Fernando Cruz Basso Universidade Presbiteriana Mackenzie
  • Roseli da Silva Universidade Presbiteriana Mackenzie

Abstract

The objective of this study is to debate in favor of a value creation rate as the most relevant variable to evaluate an investment, considering that rate as a fundamental variable for the equalization of rates in the capitalist system. The value creation rate is the result of the difference between the return rate on capital invested and the weighted average cost of capital, i. e. the spread in the economic value added methodology, as we show in this paper.

KEYWORDS: Economic value added; Labor productivity; Value creation rate; Amount of created value; Labor theory of value.

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Author Biographies

Leonardo Fernando Cruz Basso, Universidade Presbiteriana Mackenzie

Ph.D. em Economia – New School for Social Research – New York Universidade Presbiteriana Mackenzie. Professor do Programa de Pós-Graduação em Administração de Empresas – Ppgae – Mackenzie

Roseli da Silva, Universidade Presbiteriana Mackenzie

Doutoranda em Economia pela Universidade São Paulo e pesquisadora do Programa de Pós-Graduação em Administração de Empresas da Universidade Presbiteriana Mackenzie.

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Published

2008-06-27

Issue

Vol. 3 No. 2 (2002)

Section

Presentation

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