Atributos empresariais e a qualidade da informação dos relatórios financeiros de empresas brasileiras

Abstract

The low quality of the statements evidenced for the companies can interfere with the organization, boost incorrect decisions by the users of information and prejudice a timely analysis of the data (SOARES; MOTOKI; MONTE-MOR, 2018), thus, an informational asymmetry (BROWN; HILLESGEIST, 2008). In this perspective, presents the republication of statements how the element that can affect investor confidence the respect of previously published (HABIB; JIANG, 2015), still, the differents business attributes can influence the evidence and quality of the statements, reducing informational asymmetry (SILVA; TAKAMATSU; AVELINO, 2017), therefore, existence of erroneous reports that require a need for republication of statements. Thus, the study has the objective to investigate the influence of business attributes corporate governance, internationalization and performance on the quality of information in the financial reports of companies listed on B3. Based on a descriptive research, of quantitative nature and documentary procedure, statistical correlation tools were applied, chi-square test, test of difference between media and logistic regression analysis for the treatment of related data in 2018 from a sample of 407 companies listed in the B3. The results showed that there is no influence of the study's attributes on the quality of the information, thus rejecting the hypotheses. The hypothesis that companies with higher corporate governance parameters present higher quality of financial statements cannot be accepted. Analyzing the variables that make up the governance index in isolation, perceive only an positive influence of the company's disclosure policy on the demonstration proxy (information quality proxy), evidence of companies that use the disclosure policy and, therefore, aim to reduce informational asymmetry, have more probability to tend to republish the financial statements. While studying whether internationalization positively influences the dissemination of quality financial reports, it was found that the number of grants on which the company is listed positively influences the republication. When analyzing whether companies with superior business performance have higher quality of financial statements, as well as companies with high market performance show high quality, the results revealed that cannot verify significant influence between such variables.