Earnings releases divulgados pelas companhias de capital aberto no Brasil: características e atributos

Abstract

Earnings releases are reports quarterly and voluntarily released by public companies in the capital market, in order to update shareholders and investors about the company's situation. This study is justified by the lack of research on this subject which aims, through a specific IR department to narrow down the company-investor relationship. The sample research was constituted by 30 companies listed at IBOVESPA with the highest percentage of shares traded at collection moment. The objectives of the article were to analyze earnings releases of the sample companies for disclosure, content and specific subject matter, as well as to list the information as frequency of submission. The research made use of quantitative and qualitative method was descriptive and data analysis was performed based on the reports of the sample companies extracted from their websites.