Commercial and operational strategies by large sanitation companies: the experience of the State of São Paulo
DOI:
https://doi.org/10.11606/0103-2070.ts.2020.157857Keywords:
Basic sanitation, Environmental management, Urban infrastructure, Citizen participation, Urban servicesAbstract
The late 20th century witnessed the rise of public policy models based on market solutions which stimulated privatization process and public-private partnerships in basic sanitation services. The aim of this work is to evaluate the commercial and operational strategies adopted by the Companhia de Saneamento Básico do Estado de São Paulo – Sabesp ( the sanitation company of São Paulo State) in view of the current changes of global sanitation industry. The methodology sought to identify convergences and divergences between the interests of investors and users, based on the analysis of the economic and operational information available in the shareholders’ reports, highlighting the following aspects: human resources, investments, tariffs, operational efficiency and profitability. The investigation concluded that Sabesp has followed strategies similar to those observed in companies operating in the international market, although it has diverged in some aspects, possibly due to the characteristics of the sanitation infrastructure in São Paulo. Finally, in opposition to the harmony advocated in the texts that defend the market solutions, this research pointed out in the design of the strategies adopted by Sabesp the conflicts of interest between investors and users.
Downloads
References
Bakker, K. J. (2003), “From public to private to… mutual? Restructuring water supply governance in England and Wales”. Geoforum, 34 (3): 359-374.
Barrucho, L. G. (2014), “Em meio à crise hídrica, Sabesp convive com acusações e elogios”. Portal Bbc Brasil. Disponível em http://www.bbc.com/portuguese/noticias/2014/10/141023_sabesp_lgb.
BluefieldResearch. (2013), “Private water utilities: Global rankings & company strategies”. Disponível em http://www.bluefieldresearch.com/research/report-private-water-utilities-global-rankings-company-strategies/.
Borges, L. F. X. (1998), “Project finance e infraestrutura: descrição e críticas”. Revista do BNDES, 5 (9): 105-121.
Chenoweth, J. (2004), “Changing ownership structures in the water supply and sanitation sector”. Water International, 29 (2): 138-147. Disponível em http://dx.doi.org/10.1080/02508060408691763.
Dore, M. H. I.; Kushner, J. & Zumer, K. (2004), “Privatization of water in the UK and France – What can we learn?”. Utilities Policy, 12 (1): 41-50.
El País Brasil. (2015), “Sabesp vai aumentar conta de água em mais de 15% a partir de junho”. Disponível em https://brasil.elpais.com/brasil/2015/05/05/politica/1430790446_484078.html.
Ferreira, C. K. L. (1995), “O financiamento da indústria e infraestrutura no Brasil: crédito de longo prazo e mercado de capitais”. Disponível em http://repositorio.unicamp.br/handle/reposip/286353.
Gamez, M. (9 de jun. 1997), “Sabesp estreia na Bolsa e agita analistas”. Folha de S.Paulo, São Paulo. Disponível em https://www1.folha.uol.com.br/fsp/dinheiro/fi090614.htm.
Gómez-Lobo, Andrés & Contreras, Dante. (2003), “Water subsidy policies: a comparison of the chilean and Colombian Schemes”. The World Bank Economic Review, 17 (3): 391-407.
Graham, S. & Marvin, S. (1994), “Cherry picking and social dumping: utilities in the 1990s”. Utilities Policy, 4 (2): 113-119.
Hall, D. (2015), “Why Public-Private Partnerships do not work: the many advantages of the public alternative”. Public Service International Research Unit (Psiru). Disponível em http://www.world-psi.org/sites/default/files/rapport_eng_56pages_a4_lr.pdf.
Hall, D. & Lobina, E. (2007), “International actors and multinational water company strategies in Europe, 1990-2003”. Utilities Policy, 15 (2): 64-77.
Helm, Dieter. (2015), “Rethinking the economic borders of the state – ownership, assets, and competition”. Oxford Review of Economic Policy, 31 (2): 168-185.
Jessop, B. (1993), “Towards a Schumpeterian workfare state? Preliminary remarks on post-Fordist political economy”. Studies in Political Economy, 40 (1): 7-39.
Leite, I. (26 ago. 2015), “Sabesp é condenada por fraude na terceirização de funcionários em São Paulo”. g1. Disponível em http://g1.globo.com/sao-paulo/noticia/2015/08/sabesp-e-condenada-por-fraude-na-terceirizacao-de-funcionarios-em-sp.html.
Neto, J. C. C. (2016), “A crise hídrica no estado de São Paulo”. Geousp – Espaço e Tempo (Online), 19 (3): 479-484.
Olson, E. D. (2003), “What’s on tap?: Grading drinking water in us cities”. Natural Resources Defense Council. Disponível em https://www.nrdc.org/sites/default/files/whatsontap.pdf.
“Projeto depende de contratações, diz sindicato”. (21 set. 1996), Folha de S.Paulo, São Paulo. Disponível em https://www1.folha.uol.com.br/fsp/1996/9/21/cotidiano/44.html.
Projeto Memória Roda Vida (Fapesp/Unicamp/Fundação Padre Anchieta). (1998), Entrevista realizada com o governador Mário Covas em 22 de junho de 1998. Disponível em http://www.rodaviva.fapesp.br/materia/207/roda_viva/sobre_o_projeto.htm.
Reis, Vasco Pinto dos. (2004), “A intervenção privada na prestação pública: da expansão do Estado às parcerias público-privadas”. Revista Portuguesa de Saúde Pública, 4: 121-136. Disponível em https://run.unl.pt/bitstream/10362/16891/1/run%20-%20rpsp%20-%202004%20-%20V.%20Tematico%20n4%20a10%20-%20p.121-136.pdf.
Rogers, Peter; De Silva, Radhika & Bhatia, Ramesh. (2002), “Water is an economic good: How to use prices to promote equity, efficiency, and sustainability”. Water Policy, 4 (1): 1-17. Disponível em https://sswm.info/sites/default/files/reference_attachments/rogers%20et%20al%202001%20Water%20pricing%20to%20promote%20equity.pdf.
Rosenau, P. V. (org.). (2000), Public-private policy partnerships. Cambridge, Mass., MIT Press.
Sabesp – Companhia de Saneamento Básico do Estado de São Paulo. (2004), Relatório anual enviado à Securities and Exchange Commission, relativo ao ano base 2004. Disponível em http://www.sabesp.com.br/CalandraWeb/CalandraRedirect/?temp=4&proj=investidoresnovo&pub=T&db=&docid=6dcf9E8E8803bd42832570df0065bc85&docidPai=ab82F8dbcd12ae488325768C0052105E&pai=filho0.
Sabesp – Companhia de Saneamento Básico do Estado de São Paulo. (2016), Relatório anual enviado à Securities and Exchange Commission, relativo ao ano base 2016. Disponível em http://www.sabesp.com.br/CalandraWeb/CalandraRedirect/?temp=4&proj=investidoresnovo&pub=T&db=&docid=6dcf9E8E8803bd42832570df0065bc85&docidPai=ab82F8dbcd12ae488325768C0052105E&pai=filho0.
Sabesp – Companhia de Saneamento Básico do Estado de São Paulo. (2017), Relatório anual enviado à Securities and Exchange Commission, relativo ao ano base 2017. Disponível em http://www.sabesp.com.br/CalandraWeb/CalandraRedirect/?temp=4&proj=investidoresnovo&pub=T&db=&docid=6dcf9E8E8803bd42832570df0065bc85&docidPai=ab82F8dbcd12ae488325768C0052105E&pai=filho0.
Santana, N. (23 abr. 1998), “A Sabesp e as eleições”. Folha de S.Paulo, São Paulo. Disponível emhttps://www1.folha.uol.com.br/fsp/cotidian/ff23049809.htm.
Silva Filho, Edison Benedito da. (2014), Securitização de ativos públicos para financiamento de projetos de infraestrutura: o caso brasileiro e a experiência dos Brics. Brasília, Instituto de Pesquisa Econômica Aplicada, Ipea. Disponível em http://repositorio.ipea.gov.br/bitstream/11058/3329/1/td_1989.pdf.
Swyngedouw, E. (2006), “Power, water and money: exploring the nexus”. Human Development Report Office (HDRO), n. hdocpa-2006-14, United Nations Development Programme (UNDP).
Downloads
Published
Issue
Section
License
Copyright (c) 2020 Tempo Social
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
