BOOK-TAX DIFFERENCES E GERENCIAMENTO DE RESULTADOS NO MERCADO DE AÇÕES DO BRASIL
This study aimed to investigate the relationship between book-tax differences (BTD) and earnings management in firms listed on the BM&F Bovespa. The final sample consisted of 485 observations (firm-year) and the analysis included the period from 2005 to 2009. Methodologically, two approaches wer...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Fundação Getulio Vargas, Escola de Administração de Empresas de São Paulo
2012-09-01
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| Series: | RAE: Revista de Administração de Empresas |
| Subjects: | |
| Online Access: | http://rae.fgv.br/sites/rae.fgv.br/files/artigos/10.1590_0034-75902012000500001.pdf |
| _version_ | 1797759549362405376 |
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| author | Renato Rovetta Passamani Fábio Moraes da Costa Antonio Lopo Martinez Felipe Ramos Ferreira |
| author_facet | Renato Rovetta Passamani Fábio Moraes da Costa Antonio Lopo Martinez Felipe Ramos Ferreira |
| author_sort | Renato Rovetta Passamani |
| collection | DOAJ |
| description | This study aimed to investigate the relationship between book-tax differences (BTD) and earnings management in firms listed on the BM&F Bovespa. The final sample consisted of 485 observations (firm-year) and the analysis included the period from 2005 to 2009. Methodologically, two approaches were employed in this study: (i) frequency distribution and (ii) discretionary accruals – Modified Jones Model. The findings indicate a directly proportional relationship between BTD and discretionary accruals. There was evidence that the firms manage their earnings in the same direction of the observed signal of BTD, and seek to present the amount of BTD in level and variation around the breakeven and thus avoid a relationship with low earnings quality. Additionally, evidence indicate that the size of firm and the adoption of the tax basis transition are inversely related to the level of discretionary accruals. |
| first_indexed | 2024-03-12T18:46:01Z |
| format | Article |
| id | doaj.art-be9b4520cf204c83ac231aaa7296760f |
| institution | Directory Open Access Journal |
| issn | 0034-7590 2178-938X |
| language | English |
| last_indexed | 2024-03-12T18:46:01Z |
| publishDate | 2012-09-01 |
| publisher | Fundação Getulio Vargas, Escola de Administração de Empresas de São Paulo |
| record_format | Article |
| series | RAE: Revista de Administração de Empresas |
| spelling | doaj.art-be9b4520cf204c83ac231aaa7296760f2023-08-02T07:38:33ZengFundação Getulio Vargas, Escola de Administração de Empresas de São PauloRAE: Revista de Administração de Empresas0034-75902178-938X2012-09-01525488501BOOK-TAX DIFFERENCES E GERENCIAMENTO DE RESULTADOS NO MERCADO DE AÇÕES DO BRASILRenato Rovetta PassamaniFábio Moraes da CostaAntonio Lopo MartinezFelipe Ramos FerreiraThis study aimed to investigate the relationship between book-tax differences (BTD) and earnings management in firms listed on the BM&F Bovespa. The final sample consisted of 485 observations (firm-year) and the analysis included the period from 2005 to 2009. Methodologically, two approaches were employed in this study: (i) frequency distribution and (ii) discretionary accruals – Modified Jones Model. The findings indicate a directly proportional relationship between BTD and discretionary accruals. There was evidence that the firms manage their earnings in the same direction of the observed signal of BTD, and seek to present the amount of BTD in level and variation around the breakeven and thus avoid a relationship with low earnings quality. Additionally, evidence indicate that the size of firm and the adoption of the tax basis transition are inversely related to the level of discretionary accruals.http://rae.fgv.br/sites/rae.fgv.br/files/artigos/10.1590_0034-75902012000500001.pdfBook-tax differencesearnings managementdiscretionary accrualsearnings qualityequity market |
| spellingShingle | Renato Rovetta Passamani Fábio Moraes da Costa Antonio Lopo Martinez Felipe Ramos Ferreira BOOK-TAX DIFFERENCES E GERENCIAMENTO DE RESULTADOS NO MERCADO DE AÇÕES DO BRASIL RAE: Revista de Administração de Empresas Book-tax differences earnings management discretionary accruals earnings quality equity market |
| title | BOOK-TAX DIFFERENCES E GERENCIAMENTO DE RESULTADOS NO MERCADO DE AÇÕES DO BRASIL |
| title_full | BOOK-TAX DIFFERENCES E GERENCIAMENTO DE RESULTADOS NO MERCADO DE AÇÕES DO BRASIL |
| title_fullStr | BOOK-TAX DIFFERENCES E GERENCIAMENTO DE RESULTADOS NO MERCADO DE AÇÕES DO BRASIL |
| title_full_unstemmed | BOOK-TAX DIFFERENCES E GERENCIAMENTO DE RESULTADOS NO MERCADO DE AÇÕES DO BRASIL |
| title_short | BOOK-TAX DIFFERENCES E GERENCIAMENTO DE RESULTADOS NO MERCADO DE AÇÕES DO BRASIL |
| title_sort | book tax differences e gerenciamento de resultados no mercado de acoes do brasil |
| topic | Book-tax differences earnings management discretionary accruals earnings quality equity market |
| url | http://rae.fgv.br/sites/rae.fgv.br/files/artigos/10.1590_0034-75902012000500001.pdf |
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