Qualidade da informação contábil: uma análise do impacto de indicadores de desempenho econômico-financeiro

Abstract

The present study aims to study the relationship between the quality of accounting information, through proxy results management, which represents the independent variable of this study, and economic-financial performance indicators in listed companies based in Brazil, based in the analysis of the financial statements. To do so, in methodological aspects, 195 companies were analyzed in the period from 2011 to 2018. A quantitative descriptive and explanatory research was carried out. The data were collected in the financial statements and in the management reports of the analyzed companies, which can be found on the B3 website and on the Bloomberg Professional database. Results management was measured by discretionary accruals based on the Modified Jones (1991) model (DECHOW; SLOAN; SWEENY, 1995). For the relation with performance indicators, the study was operationalized with the panel technique. The results indicated that there are negative relationships between results management and profitability indicators, and positive with financial indicators. When management is extreme, there is damage to the information disclosed and its evaluations and future applications in the entities' decisions.