The Effect of Brazilian convergence to IFRS on earnings managment by listed Brazilian nonfinancial companies
Autor(a) principal: | |
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Data de Publicação: | 2013 |
Tipo de documento: | Artigo |
Idioma: | eng por |
Título da fonte: | BBR. Brazilian Business Review (English edition. Online) |
Texto Completo: | http://www.bbronline.com.br/index.php/bbr/article/view/199 |
Resumo: | This article evaluates whether the changes in Brazilian accounting practices due to the convergence to international standards brought a reduction in earnings management by listed nonfinancial firms, causing an improvement in the quality of accounting information. We used the Jones model, as modified by Kothari, Leone & Wasley (2005), to measure earnings management by means of discretionary accruals using a sample of 361 companies between 2005 and 2011. The results indicate there was a change in earnings management through discretionary accruals after the convergence to IFRS in Brazil. We also found evidence that larger and more leveraged Brazilian firms tend to manage earnings less, but no evidence that being audited by one of the Big Four reduces the propensity for earnings management. |
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BBR. Brazilian Business Review (English edition. Online) |
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The Effect of Brazilian convergence to IFRS on earnings managment by listed Brazilian nonfinancial companiesO Efeito da convergência brasileira às IFRS no gerenciamento de resultados das empresas abertas brasileiras não financeirasEarnings managementIFRSconvergencequality of accounting informationmodified Jones modelGerenciamento de resultadosIFRSconvergênciaqualidade da informação contábilmodelo Jones modificadoThis article evaluates whether the changes in Brazilian accounting practices due to the convergence to international standards brought a reduction in earnings management by listed nonfinancial firms, causing an improvement in the quality of accounting information. We used the Jones model, as modified by Kothari, Leone & Wasley (2005), to measure earnings management by means of discretionary accruals using a sample of 361 companies between 2005 and 2011. The results indicate there was a change in earnings management through discretionary accruals after the convergence to IFRS in Brazil. We also found evidence that larger and more leveraged Brazilian firms tend to manage earnings less, but no evidence that being audited by one of the Big Four reduces the propensity for earnings management.O objetivo geral deste trabalho foi avaliar se as mudanças nas práticas contábeis brasileiras trouxeram redução no gerenciamento de resultados das empresas abertas brasileiras não financeiras, ocasionando uma melhoria na qualidade da informação contábil. Foi utilizado o Modelo Jones Modificado por Kothari, Leone e Wasley (2005) para mensurar o gerenciamento de resultados por meio das apropriações discricionárias de uma amostra de 361 empresas que disponibilizaram informações contábeis no período entre 2005 e 2011. Conclui-se que não houve alteração no gerenciamento de resultados no Brasil, por meio de apropriações discricionárias, após a convergência às IFRS. Adicionalmente, foram encontradas evidências de que empresas brasileiras maiores e mais endividadas apresentam menor gerenciamento de resultados e não foram encontradas evidências de restrição do gerenciamento em empresas auditadas por Big Four.FUCAPE Business Shool2013-10-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionPeer-reviewed ArticleArtigo revisado pelos paresapplication/pdfapplication/pdfhttp://www.bbronline.com.br/index.php/bbr/article/view/19910.15728/bbr.2013.10.4.5Brazilian Business Review; Vol. 10 No. 4 (2013): October to December 2013; 110-132Brazilian Business Review; v. 10 n. 4 (2013): Outubro a Dezembro de 2013; 110-1321808-23861807-734Xreponame:BBR. Brazilian Business Review (English edition. Online)instname:Fucape Business School (FBS)instacron:FBSengporhttp://www.bbronline.com.br/index.php/bbr/article/view/199/302http://www.bbronline.com.br/index.php/bbr/article/view/199/303Grecco, Marta Cristina Pelucioinfo:eu-repo/semantics/openAccess2018-11-06T19:51:36Zoai:ojs.pkp.sfu.ca:article/199Revistahttps://www.bbronline.com.br/index.php/bbr/indexONGhttp://www.bbronline.com.br/index.php/bbr/oai|| bbronline@bbronline.com.br1808-23861808-2386opendoar:2018-11-06T19:51:36BBR. Brazilian Business Review (English edition. Online) - Fucape Business School (FBS)false |
dc.title.none.fl_str_mv |
The Effect of Brazilian convergence to IFRS on earnings managment by listed Brazilian nonfinancial companies O Efeito da convergência brasileira às IFRS no gerenciamento de resultados das empresas abertas brasileiras não financeiras |
title |
The Effect of Brazilian convergence to IFRS on earnings managment by listed Brazilian nonfinancial companies |
spellingShingle |
The Effect of Brazilian convergence to IFRS on earnings managment by listed Brazilian nonfinancial companies Grecco, Marta Cristina Pelucio Earnings management IFRS convergence quality of accounting information modified Jones model Gerenciamento de resultados IFRS convergência qualidade da informação contábil modelo Jones modificado |
title_short |
The Effect of Brazilian convergence to IFRS on earnings managment by listed Brazilian nonfinancial companies |
title_full |
The Effect of Brazilian convergence to IFRS on earnings managment by listed Brazilian nonfinancial companies |
title_fullStr |
The Effect of Brazilian convergence to IFRS on earnings managment by listed Brazilian nonfinancial companies |
title_full_unstemmed |
The Effect of Brazilian convergence to IFRS on earnings managment by listed Brazilian nonfinancial companies |
title_sort |
The Effect of Brazilian convergence to IFRS on earnings managment by listed Brazilian nonfinancial companies |
author |
Grecco, Marta Cristina Pelucio |
author_facet |
Grecco, Marta Cristina Pelucio |
author_role |
author |
dc.contributor.author.fl_str_mv |
Grecco, Marta Cristina Pelucio |
dc.subject.por.fl_str_mv |
Earnings management IFRS convergence quality of accounting information modified Jones model Gerenciamento de resultados IFRS convergência qualidade da informação contábil modelo Jones modificado |
topic |
Earnings management IFRS convergence quality of accounting information modified Jones model Gerenciamento de resultados IFRS convergência qualidade da informação contábil modelo Jones modificado |
description |
This article evaluates whether the changes in Brazilian accounting practices due to the convergence to international standards brought a reduction in earnings management by listed nonfinancial firms, causing an improvement in the quality of accounting information. We used the Jones model, as modified by Kothari, Leone & Wasley (2005), to measure earnings management by means of discretionary accruals using a sample of 361 companies between 2005 and 2011. The results indicate there was a change in earnings management through discretionary accruals after the convergence to IFRS in Brazil. We also found evidence that larger and more leveraged Brazilian firms tend to manage earnings less, but no evidence that being audited by one of the Big Four reduces the propensity for earnings management. |
publishDate |
2013 |
dc.date.none.fl_str_mv |
2013-10-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article Artigo revisado pelos pares |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://www.bbronline.com.br/index.php/bbr/article/view/199 10.15728/bbr.2013.10.4.5 |
url |
http://www.bbronline.com.br/index.php/bbr/article/view/199 |
identifier_str_mv |
10.15728/bbr.2013.10.4.5 |
dc.language.iso.fl_str_mv |
eng por |
language |
eng por |
dc.relation.none.fl_str_mv |
http://www.bbronline.com.br/index.php/bbr/article/view/199/302 http://www.bbronline.com.br/index.php/bbr/article/view/199/303 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf application/pdf |
dc.publisher.none.fl_str_mv |
FUCAPE Business Shool |
publisher.none.fl_str_mv |
FUCAPE Business Shool |
dc.source.none.fl_str_mv |
Brazilian Business Review; Vol. 10 No. 4 (2013): October to December 2013; 110-132 Brazilian Business Review; v. 10 n. 4 (2013): Outubro a Dezembro de 2013; 110-132 1808-2386 1807-734X reponame:BBR. Brazilian Business Review (English edition. Online) instname:Fucape Business School (FBS) instacron:FBS |
instname_str |
Fucape Business School (FBS) |
instacron_str |
FBS |
institution |
FBS |
reponame_str |
BBR. Brazilian Business Review (English edition. Online) |
collection |
BBR. Brazilian Business Review (English edition. Online) |
repository.name.fl_str_mv |
BBR. Brazilian Business Review (English edition. Online) - Fucape Business School (FBS) |
repository.mail.fl_str_mv |
|| bbronline@bbronline.com.br |
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1754732237527449600 |