Sustainability of Brazilian Companies: A Financial Analysis

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This paper compares the Corporate Sustainability Index (CSI index) and the BOVESPA index in the period of 2005 to 2015 to verify the best investment among these two. The data were obtained from BOVESPA and the Brazilian Institute of Geography and Statistics (IBGE) sites. The study has shown that CSI index had an accumulate gain of 108.58% and IBOVESPA's accumulate gain was 13.96%. It is also presented a study of the sustainable development index (SDI index) in four fundamental dimensions: environmental, social, institutional and economic.




Santos, B. R., Soares Machado, M. A., Jusan, D., & Caldeira, A. M. (2017). Sustainability of Brazilian Companies: A Financial Analysis. In Procedia Computer Science (Vol. 122, pp. 159–166). Elsevier B.V.

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