Contabilidade Gestão e Governança最新文献

{"title":"Relações entre contabilidade e inteligência: caminhos de pesquisa","authors":"Fernanda Da Silva Momo, Claudia Melati, Raquel Janissek-Muniz, Ariel Behr","doi":"10.51341/1984-3925_2021v24n3a2","DOIUrl":"https://doi.org/10.51341/1984-3925_2021v24n3a2","url":null,"abstract":"Objetivo: identificar de que forma se apresenta o desenvolvimento do conhecimento e quais as possíveis lacunas deste em pesquisas que envolvem a Contabilidade e os processos de Inteligência.\u0000Método: estudo de natureza qualitativa e quantitativa. Realizou-se uma Revisão sistemática de literatura em que foram analisados 89 artigos publicados em periódicos científicos, coletados em julho de 2020.\u0000Originalidade/Relevância: A contabilidade está cada vez mais inserida no processo de tomada de decisão e na gestão dos negócios de forma a ser relevante a apropriação de conceitos de Inteligência Estratégica junto à ciência da contabilidade, uma vez que a utilização das informações advindas do ambiente externo pode auxiliar na mensuração de forma mais assertiva dos fatos contábeis e na obtenção de melhores informações para a tomada de decisão.\u0000Resultados: observa-se quatro principais enfoques de pesquisa nesse contexto: a utilização de sistema de Business Intelligence; o melhoramento de provisões contábeis; o monitoramento do ambiente para identificação de aspectos relevantes à vida financeira das organizações; e a automatização dos processos contábeis por meio de Artificial Intelligence e demais tecnologias.\u0000Contribuições teóricas/metodológicas: O estudo traz como contribuição uma visualização sobre como os temas de contabilidade e inteligência se ramificam em enfoques diferentes de pesquisas. Portanto, foi possível identificar quatro enfoques no desenvolvimento do conhecimento e lacunas de pesquisas que envolvem a Contabilidade e os processos de Inteligência. Dois enfoques de pesquisa estão mais voltados ao uso de tecnologia e automatização de processos, um enfoque voltado ao aspecto mais gerencial de monitoramento de ambiente e um aspecto mais técnico voltado a apuração contábil. Como contribuição metodológica tem-se a forma de sistematização e ilustração dos processos de coleta.","PeriodicalId":142135,"journal":{"name":"Contabilidade Gestão e Governança","volume":"55 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132555086","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Value Relevance of Intangible Assets Recognized in a Business Combination","authors":"J. Pacheco, Suliani Rover","doi":"10.51341/1984-3925_2021V24N2A2","DOIUrl":"https://doi.org/10.51341/1984-3925_2021V24N2A2","url":null,"abstract":"Objective: To verify the value relevance of intangible assets recognized in a business combination of Brazilian publicly traded companies.Method: The sample of 165 companies, covering 962 observations, from 2010 to 2017, was analyzed using five panel data regressions based on Ohlson’s model (1995; 2005) to test four research hypotheses.Originality/Relevance: Value relevance studies have analyzed goodwill, but there are gaps this study seeks to fill. The study addresses the value relevance of intangibles assets recognized in a business combination for the stock market, exploring goodwill and other types of intangibles recognized in a business combination. Also, IFRS 3 was discussed in 2015, bringing the stock market’s perspective and the standard application to the center of accounting research.Results: The results showed that goodwill represents 23% to 30% of intangible assets recorded in the balance sheet, while other intangibles identified represent around 5.6%. As for value relevance, it was observed that both the recognized value of the intangible assets and, when segregated in goodwill and in identified intangible assets, were significant and positively related to the market value. Concerning the nature of intangibles recognized in business combinations, some of them were related to market value.Theoretical/Methodological contributions: The research contributes to value relevance literature on business combinations, allowing us to understand that they are relevant to the stock market and contribute to Brazilian companies’ market value.","PeriodicalId":142135,"journal":{"name":"Contabilidade Gestão e Governança","volume":"35 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126784578","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Challenge of Determining the WACC of Electricity Transmission Service Operators: The Brazilian Case","authors":"João José Ferreira Simões, Heinz Ahn, Antônio Artur De Souza","doi":"10.51341/1984-3925_2021V24N2A5","DOIUrl":"https://doi.org/10.51341/1984-3925_2021V24N2A5","url":null,"abstract":"Objective: ANEEL, the Brazilian National Electric Energy Agency, regularly renews its tariff model to remunerate the electricity transmission service operators. This study focuses on the conceded rate of return of the operators’ regulatory capital. We aim to contribute to the methodological improvement of the regulator’s approach in future tariff reviews by focusing on issues concerning the calculation of this key figure.Method: We critically review ANEEL’s concept of the regulatory rate of return, stressing issues concerning the calculation of this key figure.Originality/Relevance: We are not aware of any research that analyzes ANEEL’s actual model for calculating the regulatory rate of return. In line with ANEEL’s search for support, we intend that our considerations will help improve the regulator’s approach and serve as stimuli to search for answers to open questions.Results: We revealed five aspects that give rise to deeper reflections. Our findings suggest that the concept for determining the regulatory rate of return could be adapted to better reflect the Brazilian financial market conditions.Theoretical/Methodological contributions: As a main finding, the sample of US electric energy companies involved in calculating the so-called ߠfactor should be reconsidered. Furthermore, to compute the weights of these companies to calculate the sample’s unleveraged ß, companies with missing data should be excluded. Moreover, instead of gathering the data for the WACC calculation from quite different periods, these periods should be aligned on a theoretical basis.","PeriodicalId":142135,"journal":{"name":"Contabilidade Gestão e Governança","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115963287","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Ação Empreendedora no Setor Público: O “Pós-compra” de uma Universidade Pública de Minas Gerais","authors":"Gilson David Lacerda, D. Andrade","doi":"10.51341/1984-3925_2021V24N2A3","DOIUrl":"https://doi.org/10.51341/1984-3925_2021V24N2A3","url":null,"abstract":"Objetivo: averiguar se a criação do setor de “Pós-compra” em uma Universidade pública do sul de Minas Gerais pode ser compreendida como uma ação empreendedora.Método: abordagem qualitativa e descritiva, apoiada na realização de um estudo de caso observacional. As informações foram obtidas através da observação participante, entrevista semiestruturada e pesquisa documental, e analisadas pela técnica da análise temática, a partir do esquema teórico proposto.Originalidade/Relevância: deslocar o foco dos estudos que destacam o indivíduo empreendedor, para a ação empreendedora propriamente dita, e explorar o tema do “Pós-compra” nas organizações públicas. Este trabalho é uma forma de proporcionar à sociedade o conhecimento das diferentes ações inovadoras promovidas pela Universidade pesquisada, além de inspirar outras organizações públicas a desenvolveram ações semelhantes.Resultados: a criação do setor proporcionou resultados sociais no contexto da Universidade pesquisada, os quais se manifestaram através da geração de benefícios qualitativos (mudança da visão por parte dos fornecedores, suporte aos membros da comunidade universitária e impacto positivo no atendimento das necessidades de materiais) e quantitativos (redução de valores inscritos em Restos a Pagar, melhoria da execução orçamentária e gestão de recursos e, ainda, a melhoria dos índices contábeis da instituição). Pelas características apresentadas, tem-se que a criação do setor pode ser compreendida como uma ação empreendedora.Contribuições teóricas/metodológicas: além da contribuição para o campo de estudos sobre empreendedorismo público, o trabalho propõe um esquema teórico que pode ser empregado em novas pesquisas empíricas com o intuito de compreender a ocorrência da ação empreendedora no setor público.","PeriodicalId":142135,"journal":{"name":"Contabilidade Gestão e Governança","volume":"53 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122529496","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Ciclos políticos eleitorais: há influência das eleições municipais sobre a execução orçamentária dos municípios mineiros?","authors":"Pedro Henrique Pereira dos Santos, Vasconcelos Reis Wakim, Cinthia Izabela Pina Fernandes","doi":"10.51341/1984-3925_2021v24n2a6","DOIUrl":"https://doi.org/10.51341/1984-3925_2021v24n2a6","url":null,"abstract":"Objetivo: Este artigo pretende avaliar se os ciclos políticos geram impactos na alocação de recursos públicos em educação, saúde e investimentos de infraestrutura (obras e instalações) nos municípios do Estado de Minas Gerais.Método: Nesse contexto, a amostra foi composta por 500 municípios no período de 2007 a 2016, sendo excluídos os municípios que não apresentaram todos os dados no período estudado. Foi utilizado o modelo Seemingly Unrelated Regression (SUR) em painel proposto por Zellner e Theil (1962), elaborando-se um sistema de equações responsável por identificar a existência de ciclos eleitorais nas despesas supracitadas, totalizando três equações.Originalidade/Relevância: Tendo em vista o locus do estudo, admite-se que os resultados podem colaborar no entendimento da dinâmica orçamentária municipal, considerando a influência de outras variáveis, como as binárias que se referem às mesorregiões e suas características.Resultados: Corroborando a literatura atinente aos ciclos políticos-orçamentários, os resultados desta pesquisa apontam para a existência de influência do ciclo eleitoral na aplicação de recursos públicos com aumento de gastos em anos eleitorais e retração em anos pós-eleitorais nos municípios, fato bastante evidenciado nas despesas com obras e instalações, as mais visíveis para a população.Contribuições teóricas/metodológicas: Desta forma, o artigo favorece uma melhor compreensão dos determinantes da utilização dos recursos públicos nos municípios mineiros.","PeriodicalId":142135,"journal":{"name":"Contabilidade Gestão e Governança","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115254937","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Política de Dividendos e Períodos de Recessão: Evidências no Mercado de Capitais Brasileiro","authors":"C. Martucheli, J. Ribeiro, Eduardo Amat Silva, Antônio Artur de Souza, Juliano Lima Pinheiro","doi":"10.51341/1984-3925_2021v24n1a3","DOIUrl":"https://doi.org/10.51341/1984-3925_2021v24n1a3","url":null,"abstract":"Objective: To observe the dividend distribution behavior of Brazilian stock market [B]³ listed companies, comparing periods of expansion and recession in the Brazilian economy.Method: Two panel data models were carried out, with the payout index and the dividend yield index as dependent variables and a dummy classified as 1 for years of economic recession and 0 for years of economic rise as an independent variable. In addition, the financial leverage, size and earnings per share control variables were added to the model.Originality/Relevance: The study addressed the distribution of dividends according to the cycle of the Brazilian economy, which makes the research original, since no similar studies were found.Results: Regardless of the proxy used for dividend distribution, companies increase dividend distribution in periods of recession, when there is greater market uncertainty. Regarding the control variables, for the model estimated using the proxy payout index, all variables were significant, while for the model that has the proxy dividend yield as a dependent variable, earnings per share were not significant.Theoretical/Methodological contributions: Identification of the economic aspect in the dividend policy of Brazilian companies and in the creation of value for shareholders in periods of economic recession.","PeriodicalId":142135,"journal":{"name":"Contabilidade Gestão e Governança","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115480363","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Impacto das Emendas às IAS 16 e IAS 41 na Posição Econômico-financeira das Empresas Sucroenergéticas Brasileiras","authors":"Marcos Timóteo Rodrigues de Souza, P. Shikida","doi":"10.51341/1984-3925_2021v24n1a6","DOIUrl":"https://doi.org/10.51341/1984-3925_2021v24n1a6","url":null,"abstract":"Objective: To identify the impact of the amendments to IAS 16 and IAS 41 on the economic and financial position of Brazilian sugar-energy companies, in the transition period from 2015 to 2017.Method: In a sample of 64 companies, the inverse of the Gray Comparability index was used to measure the impact and the paired Wilcoxon test to identify the significance.Originality/Relevance: This new accounting policy divided the plant and production into two assets with different measurement models. In the process of accounting for sugarcane crops, the sugarcane ratoon, considered a bearer plant, is now measured at historical cost and classified as fixed assets while standing cane continues to be measured by fair value but reported in current assets.Results: Retrospective accounting adjustments significantly impacted most of the variables analyzed. They improved current liquidity and asset turnover and negatively impacted third-party capital participation, fixed assets, general liquidity, and return on equity. The debt composition, quick liquidity, net margin, return on investments, and the operating cycle remained relatively stable.Theoretical/Methodological contributions: The study shows that the amendments to IAS 16 and IAS 41 imply the loss of comparability of accounting numbers and economic-financial indicators concerning previous periods. Besides, considering the peculiarities of sugarcane crops, the study provides evidence that contributes to discussions on measuring the fair value of standing cane.","PeriodicalId":142135,"journal":{"name":"Contabilidade Gestão e Governança","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131694048","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Evidenciação do Contexto Econômico na Relação entre Governança Corporativa e Volatilidade das Ações nas Companhias Abertas Brasileiras","authors":"Vanessa Noguez Machado, L. Venturini, M. Bianchi, Marco Antônio dos Santos Martins","doi":"10.51341/1984-3925_2021v24n1a1","DOIUrl":"https://doi.org/10.51341/1984-3925_2021v24n1a1","url":null,"abstract":"Objective: to analyze how the economic context affects the relationship between corporate governance and stock market volatility of Brazilian public companies listed on B3 S.A. - Brasil, Bolsa, Balcao (B3), from 2010 to 2018. Method: based on quantitative, descriptive, and documentary research, the stock market volatility on an annual basis was used as a metric for volatility (dependent variable); internal mechanisms (ownership and control structure, number of members of the administrative and fiscal council) and external mechanisms (B3 governance levels, American Depositary Receipt, and free float) such as corporate governance proxies (independent variable of interest); and control variables (Gross Domestic Product - GDP and others). Originality/Relevance: there is no consensus regarding the way that corporate governance practices affect stock market volatility, when considering the economic context in which the country finds itself, given that different proxies can cause different effects before the market (Li et al. , 2013; Litov et al. , 2006). Results: it was found that, in general, internal mechanisms have a significant influence in relation to stock market volatility only when analyzed together with the variation in GDP. The external mechanisms, on the other hand, did not show significant influence in relation to the stock market volatility. Theoretical / Methodological Contributions : the discussion about the interaction of corporate governance practices with the volatility in the stock market prices of Brazilian companies is broadened, as well as the different approaches to decision-making when analyzing the internal and external mechanisms of corporate governance in the Brazilian economic contex.","PeriodicalId":142135,"journal":{"name":"Contabilidade Gestão e Governança","volume":"50 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128049030","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Antecedentes do Sistema de Controle Gerencial em Cooperativas de Crédito da Região Sul do Brasil","authors":"Anderson Betti Frare, Vagner Horz, A. Quintana, A. P. Cruz","doi":"10.51341/1984-3925_2021v24n1a7","DOIUrl":"https://doi.org/10.51341/1984-3925_2021v24n1a7","url":null,"abstract":"Objective: Considering the turbulent economic environment as well as the peculiarities of the operations conducted by cooperative entities, this study sought to analyze the connections between strategic risks and uncertainties and the use of the Management Control System (MCS) by credit cooperatives in Brazil’s South region.Method: This is a quantitative study, conducted as a survey with a sample of 57 credit cooperatives. The data was analyzed through Structural equation modeling, with partial least square estimation on SmartPLS 3.0 software. The strategic risk and strategic uncertainty constructs were analyzed in relation to their connection with Simons’ Levers of Control (1995), which contemplates the beliefs and boundary controls and interactive and diagnostic control systems. Furthermore, the connections between the four Levers of Control are also analyzed.Originality/Relevance: The study covers the antecedents (strategic risks and uncertainties) of MCS use, contemplating different compositions of type and class in credit cooperatives, taking previous studies into consideration, as well as covering a singular and pertinent region in the context of Brazilian credit cooperatives.Results: Strategic risk is not associated with the use of the Management Control System. Strategic uncertainty was proven to be the element that receives the most importance from managers in the process of using the four Levers of Control. Regarding the beliefs system construct, its importance is positively linked to the interactive control system, as also occurs with the connection between the interactive control system and the diagnostic control system.Theoretical/Methodological contributions: The study demonstrates the pertinence of the Levers of Control for credit cooperatives, inserted in the context of strategic risks and uncertainties.Social/management contributions: The findings bring about relevant contributions by proving that the balanced use of the four Levers of Control is relevant for promoting the strategic renovation of credit cooperatives, especially regarding strategic uncertainty.","PeriodicalId":142135,"journal":{"name":"Contabilidade Gestão e Governança","volume":"37 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121853094","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Governança Corporativa e Rentabilidade dos Planos de Entidades Fechadas de Previdência Complementar","authors":"Renata Mendes de Oliveira, I. Beuren, Ernesto Fernando Rodrigues Vicente","doi":"10.51341/1984-3925_2021V24N1A4","DOIUrl":"https://doi.org/10.51341/1984-3925_2021V24N1A4","url":null,"abstract":"Objective: This study analyzes the relationship between good corporate governance practices (access to information, content of published information and management structure) and the performance (measured by the profitability of the plans) of the Closed Entities of Complementary Pension Funds (Entidades Fechadas de Previdência Complementar - EFPC).Method: The sample comprises 76 EFPCs ranked among the 89 publicly funded entities and the data were collected in the Annual Information Reports (Relatórios Anuais de Informação), statutes and information on the entities' websites and in the statistical statement published by the Brazilian Association of Closed Pension Funds for the year 2017. In order to test the research hypothesis, the Multiple Linear Regression method performed with the support of STATA® software.Originality/Relevance: The relevance of EFPC is highlighted, a sector that has been growing in Brazil, mainly with the pension reform in the public and private sectors.Results: The study's evidence does not support the acceptance of the established hypotheses, which foresee a positive and significant relationship between governance practices and profitability, considering as practices the access and content of information and the structure of governance bodies. It is conjectured that the level of information disclosure and / or the governance practices analyzed may have influenced the findings.Theoretical/methodological contributions: Although the proposed relationships did not indicate statistical significance, the survey highlights the importance of good corporate governance practices in EFPC in order to achieve better results and fulfill obligations to stakeholders.","PeriodicalId":142135,"journal":{"name":"Contabilidade Gestão e Governança","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126490150","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}