Os impactos da crise econômica de 2008 em empresas de construção civil com ações negociadas na BM&FBOVESPA

Abstract

This study aims to clarify the impact of the 2008 economic crisis on companies in the civil construction sector traded at stock exchange. Seeking to assess the fundamentals of these companies through the fundamental analysis, by means of its indicators; evaluate stock prices through the historical share price and; demonstrate the changes. In order to evaluate these impacts were used the analysis of historical quotations and fundamentalist analysis. As were sought information from companies, in its two aspects, the procedure used was the field study, and as a methodological practice was used descriptive quantitative research. During 2008, there were several factors for the global economy. But it was in the fourth quarter of 2008 that the Brazilian economy has come to feel the impacts caused by the crisis. The fundamentals of these companies suffered abrupt drops in their results in the last quarter of 2008, improving only on the second quarter of 2009. All its indicators presented this worsened, to a greater or lesser degree, depending on the company and its decisions. It was no different with regard to share prices, coming to have falling trend after 2008 and improve in the second quarter of 2009. The impacts caused and the recovery of the civil construction sector is basically due to the wave of uncertainty, which ended up causing the retraction of the Brazilian economy, reducing its results in this period, recovering in the second quarter of 2009, mainly in consequence of government decisions.