CONDITIONAL CONSERVATISM IN REPORTING EARNINGS IN BRAZILIAN PUBLIC COMPANIES: DIFFERENCES BETWEEN ADR ISSUING AND NOT-ISSUING COMPANIES AND BETWEEN ACCOUNTING SYSTEMS
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Data de Publicação: | 2009 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | por |
Título da fonte: | RAM. Revista de Administração Mackenzie |
Texto Completo: | https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357 |
Resumo: | The article examines the differences, in terms of information quality (conditional conservatism), of the accounting reports of Brazilian public companies issuing and not issuing ADR. It is also examined the demonstrations published in the two accounting systems (BRGAAP and USGAAP). The hypotheses consider that there are no differences in the degrees of conditional conservatism among the firms due to: contractual and institutional similarities, the inexistence of incentives to modify managers’ behavior by the process of cross-listing, and the lack of motivation by application of different accounting principles. The models of Transitory Earnings Components (BASU, 1997) and Association between Accruals and Cash Flows (BALL; SHIVAKUMAR, 2005) were used for the tests. To estimate the association coefficients for the two models, it was used panel data analysis. The results confirmed the hypotheses. |
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CONDITIONAL CONSERVATISM IN REPORTING EARNINGS IN BRAZILIAN PUBLIC COMPANIES: DIFFERENCES BETWEEN ADR ISSUING AND NOT-ISSUING COMPANIES AND BETWEEN ACCOUNTING SYSTEMSConservadorismo condicional na divulgação de lucros em companhias abertas brasileiras: diferenças entre emissoras e não emissoras de ADR’S e sistemas contábeisConditional conservatismADR’s issuingAccounting systemsLosses asymmetric anticipationPublic companies.The article examines the differences, in terms of information quality (conditional conservatism), of the accounting reports of Brazilian public companies issuing and not issuing ADR. It is also examined the demonstrations published in the two accounting systems (BRGAAP and USGAAP). The hypotheses consider that there are no differences in the degrees of conditional conservatism among the firms due to: contractual and institutional similarities, the inexistence of incentives to modify managers’ behavior by the process of cross-listing, and the lack of motivation by application of different accounting principles. The models of Transitory Earnings Components (BASU, 1997) and Association between Accruals and Cash Flows (BALL; SHIVAKUMAR, 2005) were used for the tests. To estimate the association coefficients for the two models, it was used panel data analysis. The results confirmed the hypotheses.O artigo examina as diferenças, em termos de qualidade informacional (conservadorismo condicional), das demonstrações contábeis de companhias de capital aberto emissoras e não emissoras de ADR. Das primeiras também se comparam as demonstrações publicadas nos dois sistemas contábeis (PCAB e USGAAP). São utilizados os modelos de Componentes Transitórios nos lucros (BASU, 1997) e de Associação entre Apropriações Contábeis e Fluxos de Caixa (BALL; SHIVAKUMAR, 2005). As hipóteses propõem que não há diferenças nos graus de conservadorismo condicional entre todos os grupos, devido às semelhanças contratuais e institucionais para os dois grupos de firmas; à inexistência de incentivos para alterar o comportamento dos gestores pelo processo de cross listing; e à insuficiência de motivação pela simples aplicação de princípios contábeis diversos. Os resultados dos testes confirmam as hipóteses adotadas, com os modelos apresentando baixos coeficientes de determinação. PALAVRAS-CHAVE: Conservadorismo Condicional; Emissão de ADR; Sistemas Contábeis; Antecipação Assimétrica de Perdas; Companhias de Capital Aberto. Editora Mackenzie2009-11-04info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/mswordapplication/mswordapplication/mswordapplication/mswordapplication/mswordapplication/mswordapplication/mswordapplication/mswordapplication/mswordhttps://editorarevistas.mackenzie.br/index.php/RAM/article/view/357Revista de Administração Mackenzie; Vol. 11 No. 1 (2010)Revista de Administração Mackenzie; Vol. 11 Núm. 1 (2010)Revista de Administração Mackenzie (Mackenzie Management Review); v. 11 n. 1 (2010)1678-69711518-6776reponame:RAM. Revista de Administração Mackenzieinstname:Universidade Presbiteriana Mackenzie (MACKENZIE)instacron:MACKENZIEporhttps://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/1357https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/7907https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/7908https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/7909https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/7910https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/7911https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/7912https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/7913https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/7914https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/7915Copyright (c) 2015 Revista de Administração Mackenzieinfo:eu-repo/semantics/openAccessCoelho, Antonio Carlos Diasde Sales Cia, Joanília NeideLima, Iran Siqueira2011-10-11T16:32:56Zoai:ojs.editorarevistas.mackenzie.br:article/357Revistahttps://editorarevistas.mackenzie.br/index.php/RAM/PUBhttps://editorarevistas.mackenzie.br/index.php/RAM/oairevista.adm@mackenzie.br1678-69711518-6776opendoar:2024-04-19T17:00:34.212806RAM. Revista de Administração Mackenzie - Universidade Presbiteriana Mackenzie (MACKENZIE)false |
dc.title.none.fl_str_mv |
CONDITIONAL CONSERVATISM IN REPORTING EARNINGS IN BRAZILIAN PUBLIC COMPANIES: DIFFERENCES BETWEEN ADR ISSUING AND NOT-ISSUING COMPANIES AND BETWEEN ACCOUNTING SYSTEMS Conservadorismo condicional na divulgação de lucros em companhias abertas brasileiras: diferenças entre emissoras e não emissoras de ADR’S e sistemas contábeis |
title |
CONDITIONAL CONSERVATISM IN REPORTING EARNINGS IN BRAZILIAN PUBLIC COMPANIES: DIFFERENCES BETWEEN ADR ISSUING AND NOT-ISSUING COMPANIES AND BETWEEN ACCOUNTING SYSTEMS |
spellingShingle |
CONDITIONAL CONSERVATISM IN REPORTING EARNINGS IN BRAZILIAN PUBLIC COMPANIES: DIFFERENCES BETWEEN ADR ISSUING AND NOT-ISSUING COMPANIES AND BETWEEN ACCOUNTING SYSTEMS Coelho, Antonio Carlos Dias Conditional conservatism ADR’s issuing Accounting systems Losses asymmetric anticipation Public companies. |
title_short |
CONDITIONAL CONSERVATISM IN REPORTING EARNINGS IN BRAZILIAN PUBLIC COMPANIES: DIFFERENCES BETWEEN ADR ISSUING AND NOT-ISSUING COMPANIES AND BETWEEN ACCOUNTING SYSTEMS |
title_full |
CONDITIONAL CONSERVATISM IN REPORTING EARNINGS IN BRAZILIAN PUBLIC COMPANIES: DIFFERENCES BETWEEN ADR ISSUING AND NOT-ISSUING COMPANIES AND BETWEEN ACCOUNTING SYSTEMS |
title_fullStr |
CONDITIONAL CONSERVATISM IN REPORTING EARNINGS IN BRAZILIAN PUBLIC COMPANIES: DIFFERENCES BETWEEN ADR ISSUING AND NOT-ISSUING COMPANIES AND BETWEEN ACCOUNTING SYSTEMS |
title_full_unstemmed |
CONDITIONAL CONSERVATISM IN REPORTING EARNINGS IN BRAZILIAN PUBLIC COMPANIES: DIFFERENCES BETWEEN ADR ISSUING AND NOT-ISSUING COMPANIES AND BETWEEN ACCOUNTING SYSTEMS |
title_sort |
CONDITIONAL CONSERVATISM IN REPORTING EARNINGS IN BRAZILIAN PUBLIC COMPANIES: DIFFERENCES BETWEEN ADR ISSUING AND NOT-ISSUING COMPANIES AND BETWEEN ACCOUNTING SYSTEMS |
author |
Coelho, Antonio Carlos Dias |
author_facet |
Coelho, Antonio Carlos Dias de Sales Cia, Joanília Neide Lima, Iran Siqueira |
author_role |
author |
author2 |
de Sales Cia, Joanília Neide Lima, Iran Siqueira |
author2_role |
author author |
dc.contributor.author.fl_str_mv |
Coelho, Antonio Carlos Dias de Sales Cia, Joanília Neide Lima, Iran Siqueira |
dc.subject.por.fl_str_mv |
Conditional conservatism ADR’s issuing Accounting systems Losses asymmetric anticipation Public companies. |
topic |
Conditional conservatism ADR’s issuing Accounting systems Losses asymmetric anticipation Public companies. |
description |
The article examines the differences, in terms of information quality (conditional conservatism), of the accounting reports of Brazilian public companies issuing and not issuing ADR. It is also examined the demonstrations published in the two accounting systems (BRGAAP and USGAAP). The hypotheses consider that there are no differences in the degrees of conditional conservatism among the firms due to: contractual and institutional similarities, the inexistence of incentives to modify managers’ behavior by the process of cross-listing, and the lack of motivation by application of different accounting principles. The models of Transitory Earnings Components (BASU, 1997) and Association between Accruals and Cash Flows (BALL; SHIVAKUMAR, 2005) were used for the tests. To estimate the association coefficients for the two models, it was used panel data analysis. The results confirmed the hypotheses. |
publishDate |
2009 |
dc.date.none.fl_str_mv |
2009-11-04 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357 |
url |
https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357 |
dc.language.iso.fl_str_mv |
por |
language |
por |
dc.relation.none.fl_str_mv |
https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/1357 https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/7907 https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/7908 https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/7909 https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/7910 https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/7911 https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/7912 https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/7913 https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/7914 https://editorarevistas.mackenzie.br/index.php/RAM/article/view/357/7915 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2015 Revista de Administração Mackenzie info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2015 Revista de Administração Mackenzie |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf application/msword application/msword application/msword application/msword application/msword application/msword application/msword application/msword application/msword |
dc.publisher.none.fl_str_mv |
Editora Mackenzie |
publisher.none.fl_str_mv |
Editora Mackenzie |
dc.source.none.fl_str_mv |
Revista de Administração Mackenzie; Vol. 11 No. 1 (2010) Revista de Administração Mackenzie; Vol. 11 Núm. 1 (2010) Revista de Administração Mackenzie (Mackenzie Management Review); v. 11 n. 1 (2010) 1678-6971 1518-6776 reponame:RAM. Revista de Administração Mackenzie instname:Universidade Presbiteriana Mackenzie (MACKENZIE) instacron:MACKENZIE |
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Universidade Presbiteriana Mackenzie (MACKENZIE) |
instacron_str |
MACKENZIE |
institution |
MACKENZIE |
reponame_str |
RAM. Revista de Administração Mackenzie |
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RAM. Revista de Administração Mackenzie |
repository.name.fl_str_mv |
RAM. Revista de Administração Mackenzie - Universidade Presbiteriana Mackenzie (MACKENZIE) |
repository.mail.fl_str_mv |
revista.adm@mackenzie.br |
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