Disclosure of Small Profits by BM&FBOVESPA Stock Exchange Listed Companies
Autor(a) principal: | |
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Data de Publicação: | 2018 |
Outros Autores: | , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Contabilidade, Gestão e Governança |
Texto Completo: | https://revistacgg.org/index.php/contabil/article/view/1406 |
Resumo: | The present study sought to verify the normal curve distribution modality for returns on equities from companies listed on the BM&FBOVESPA Stock Exchange in order to search for evidence of earnings management in financial statements from 1995 to 2012. Although small profits or losses have a slightly different in rational logic, the difference between declared profit and loss can be significant psychologically. In this way, companies would avoid reporting small losses, thus transforming them into profits. The method used was based on the work of Burgstahler and Dichev (1997), in which profits histograms were analyzed for the frequency of small negative and positive relations in equity variations. The results emphasized the practice of results management more consistently between 1995 and 2012, nevertheless this undesirable practice has been declining in Brazil. |
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oai:oai.jamg.cloud:article/1406 |
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Contabilidade, Gestão e Governança |
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Disclosure of Small Profits by BM&FBOVESPA Stock Exchange Listed CompaniesEarnings managementdiscretionary accrualsFrequency distributionThe present study sought to verify the normal curve distribution modality for returns on equities from companies listed on the BM&FBOVESPA Stock Exchange in order to search for evidence of earnings management in financial statements from 1995 to 2012. Although small profits or losses have a slightly different in rational logic, the difference between declared profit and loss can be significant psychologically. In this way, companies would avoid reporting small losses, thus transforming them into profits. The method used was based on the work of Burgstahler and Dichev (1997), in which profits histograms were analyzed for the frequency of small negative and positive relations in equity variations. The results emphasized the practice of results management more consistently between 1995 and 2012, nevertheless this undesirable practice has been declining in Brazil.Contabilidade Gestão e Governança2018-07-31info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionAvaliado por Pares, Artigosapplication/pdfhttps://revistacgg.org/index.php/contabil/article/view/140610.51341/1984-3925_2018v21n2a3Contabilidade Gestão e Governança; v. 21 n. 2 (2018); 200-2131984-39251984-3925reponame:Contabilidade, Gestão e Governançainstname:Universidade de Brasília (UnB)instacron:UNBenghttps://revistacgg.org/index.php/contabil/article/view/1406/pdfCopyright (c) 2018 Contabilidade, Gestão e Governançainfo:eu-repo/semantics/openAccessDecourt, Roberto FrotaPietro Neto, JoséSeidler, Jean Carlos OliveiraDaneberg, Thaís2019-07-26T17:22:08Zoai:oai.jamg.cloud:article/1406Revistahttp://www.revistacgg.org/index.php/contabilPUBhttps://revistacgg.org/index.php/contabil/oaijamg.cgg@gmail.com1516-70111984-3925opendoar:2019-07-26T17:22:08Contabilidade, Gestão e Governança - Universidade de Brasília (UnB)false |
dc.title.none.fl_str_mv |
Disclosure of Small Profits by BM&FBOVESPA Stock Exchange Listed Companies |
title |
Disclosure of Small Profits by BM&FBOVESPA Stock Exchange Listed Companies |
spellingShingle |
Disclosure of Small Profits by BM&FBOVESPA Stock Exchange Listed Companies Decourt, Roberto Frota Earnings management discretionary accruals Frequency distribution |
title_short |
Disclosure of Small Profits by BM&FBOVESPA Stock Exchange Listed Companies |
title_full |
Disclosure of Small Profits by BM&FBOVESPA Stock Exchange Listed Companies |
title_fullStr |
Disclosure of Small Profits by BM&FBOVESPA Stock Exchange Listed Companies |
title_full_unstemmed |
Disclosure of Small Profits by BM&FBOVESPA Stock Exchange Listed Companies |
title_sort |
Disclosure of Small Profits by BM&FBOVESPA Stock Exchange Listed Companies |
author |
Decourt, Roberto Frota |
author_facet |
Decourt, Roberto Frota Pietro Neto, José Seidler, Jean Carlos Oliveira Daneberg, Thaís |
author_role |
author |
author2 |
Pietro Neto, José Seidler, Jean Carlos Oliveira Daneberg, Thaís |
author2_role |
author author author |
dc.contributor.author.fl_str_mv |
Decourt, Roberto Frota Pietro Neto, José Seidler, Jean Carlos Oliveira Daneberg, Thaís |
dc.subject.por.fl_str_mv |
Earnings management discretionary accruals Frequency distribution |
topic |
Earnings management discretionary accruals Frequency distribution |
description |
The present study sought to verify the normal curve distribution modality for returns on equities from companies listed on the BM&FBOVESPA Stock Exchange in order to search for evidence of earnings management in financial statements from 1995 to 2012. Although small profits or losses have a slightly different in rational logic, the difference between declared profit and loss can be significant psychologically. In this way, companies would avoid reporting small losses, thus transforming them into profits. The method used was based on the work of Burgstahler and Dichev (1997), in which profits histograms were analyzed for the frequency of small negative and positive relations in equity variations. The results emphasized the practice of results management more consistently between 1995 and 2012, nevertheless this undesirable practice has been declining in Brazil. |
publishDate |
2018 |
dc.date.none.fl_str_mv |
2018-07-31 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Avaliado por Pares, Artigos |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://revistacgg.org/index.php/contabil/article/view/1406 10.51341/1984-3925_2018v21n2a3 |
url |
https://revistacgg.org/index.php/contabil/article/view/1406 |
identifier_str_mv |
10.51341/1984-3925_2018v21n2a3 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
https://revistacgg.org/index.php/contabil/article/view/1406/pdf |
dc.rights.driver.fl_str_mv |
Copyright (c) 2018 Contabilidade, Gestão e Governança info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2018 Contabilidade, Gestão e Governança |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Contabilidade Gestão e Governança |
publisher.none.fl_str_mv |
Contabilidade Gestão e Governança |
dc.source.none.fl_str_mv |
Contabilidade Gestão e Governança; v. 21 n. 2 (2018); 200-213 1984-3925 1984-3925 reponame:Contabilidade, Gestão e Governança instname:Universidade de Brasília (UnB) instacron:UNB |
instname_str |
Universidade de Brasília (UnB) |
instacron_str |
UNB |
institution |
UNB |
reponame_str |
Contabilidade, Gestão e Governança |
collection |
Contabilidade, Gestão e Governança |
repository.name.fl_str_mv |
Contabilidade, Gestão e Governança - Universidade de Brasília (UnB) |
repository.mail.fl_str_mv |
jamg.cgg@gmail.com |
_version_ |
1798315268029546496 |