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| Author(s): |
Juliana Souza Scriptore
Total Authors: 1
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| Document type: | Master's Dissertation |
| Press: | Ribeirão Preto. |
| Institution: | Universidade de São Paulo (USP). Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto (PCARP/BC) |
| Defense date: | 2010-02-26 |
| Examining board members: |
Rudinei Toneto Junior;
Sérgio Naruhiko Sakurai;
Frederico Araujo Turolla
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| Advisor: | Rudinei Toneto Junior |
| Abstract | |
Currently, in Brazil, the attention to basic sanitation sector has become a matter of public health and environmental concerns. The evolution of the recent researches states that the level of coverage is not enough to fulfill the high demand due to population growth and a history of inadequate investments in the country. This sector is facing difficulties in raising funds by public enterprises, as these are subject to tax rules such as limits on debt, curtailment of credit and surplus targets. In addition, they have had low generation of profit, operational inefficiency and political interference. The private enterprise investments in the sector have not being significant due to its evident social character and the lack of guidelines that define their policies. With the introduction of new regulatory framework established by the Law number 11.445/2007, an institutional environment have being created with less uncertainty for the private investments. In face of the concerns about the privatization processes, for instance the cost-quality trade-off which a private company may have to deal with, it was found through cross section data estimation via OLS (Ordinary Least Squares) the supplier types that had better performance on the indicators that comprise the objective functions of each company listed in the literature of the sector. The results indicated that the participation of the private capital was positive for the sector as it showed lower losses on sales and distribution, higher rates of productivity, investment and quality of services. Therefore, it can be suggested that partnerships between public and private sectors are viable alternatives to accelerate the achievement of the targets of a universalized service. (AU) | |