The accounting perception in the social and economic indicators of Petrobras: petróleo brasileiro S/A with the help of social balance and statement of added value (DVA)

Abstract

The social and environmental responsibilities are key elements in the overall vision of the management of any company. However, the economic result appears as natural purpose of the existence of companies. The Social and the Added Value Statement (DVA) are financial statements that describe information that can contribute to the measurement of results, and also the disclosure of social information, which according to the Agency Theory, reduce information asymmetry. In this sense, the objective of this study is to investigate the Petrobras Social Report indicators observing the relationship between economic growth and environmental and social investments of the company. The study makes use of perspective of the Agency Theory as theoretical support the research. In methodological terms, we conducted a case study, through document analysis and a quantitative approach. The results show that environmental and social investments, evidenced by the Social and DVA balance are associated with your earnings.