O comportamento dos custos das empresas do subsetor de construção civil listadas na B3 com ênfase nos sticky costs entre os anos de 2010 a 2022

Abstract

This study aims to investigate the behavior of costs in companies in the civil construction subsector listed on [B]³ (Brazil, Bolsa, Balcão) from 2010 to 2022, with the intention of identifying patterns and trends. To do so, the compatibility of applying the "sticky costs" theory in analyzing the costs of companies in the mentioned subsector is examined, investigating the resistance or adherence of these costs to variations in market conditions. The methodology employed involves descriptive analysis of statistical data and simple and multiple linear regression of the data from the sector's financial reports, collected from the Economática database and the Securities and Exchange Commission (CVM). Specialized tools are used, focusing on the relationship of the following variables: cost of goods sold (COGS), total cost (TC), and net sales revenue (NSR). The results reveal that it is not possible to assert the convergence of the "sticky costs" theory in companies of the sector, as they exhibit distinct behavior patterns regarding costs. This fact can be observed in the resulting models, which have shown to be inconclusive regarding the theory's precepts regarding cost asymmetry, indicating the need for further investigation. This study contributes to understanding the economic performance of civil construction companies, as well as to the academic field. The knowledge generated by this research plays a relevant role in developing more effective strategies in this sector.