Attributes of the Quality of Accounting Information in Firms that Participate in the Brazilian Stock Market

Sady Mazzioni; Fábio José Diel; Juliete Maria Senczkowski de Oliveira

doi:10.51341/1984-3925_2016v19n2a4

Attributes of the Quality of Accounting Information in Firms that Participate in the Brazilian Stock Market

Authors

Sady Mazzioni Universidade Comunitária da Região de Chapecó – Unochapecó
Fábio José Diel Universidade Comunitária da Região de Chapecó – Unochapecó
Juliete Maria Senczkowski de Oliveira Universidade Comunitária da Região de Chapecó – Unochapecó

DOI:

https://doi.org/10.51341/1984-3925_2016v19n2a4

Keywords:

Qualidade da informação contábil, Atributos de qualidade da informação, TOPSIS.

Abstract

The objective of this study is to analyze the quality of accounting information in companies participating in the Brazilian stock market. The sample studied consists of 101 non-financial companies listed on the BM&FBovespa, from 2003 to 2014. The study is descriptive, using documentary research and quantitative analysis. Based on the individual calculation of the attributes of persistence, predictability and profit smoothing for each company, we developed a ranking of the quality of accounting information using the multi-criteria analysis method TOPSIS and entropy. Then the determinants of company positioning in the ranking of accounting information quality were analyzed using the t test for means and multivariate linear regression. By separating the companies into two groups, the business characteristics of sales growth, level of corporate governance, return on assets and issuance of ADRs presented means with statistically significant differences. However, in explaining the positioning of companies in the ranking of quality of accounting information, only sales growth showed a statistically significant negative relationship, confirming existing empirical evidence that companies with high growth have lower persistence of profits.

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Author Biographies

Sady Mazzioni, Universidade Comunitária da Região de Chapecó – Unochapecó

Doutor em Ciências Contábeis e Administração - Professor do Mestrado em Ciências Contábeis e Administração da Universidade Comunitária da Região de Chapecó

Fábio José Diel, Universidade Comunitária da Região de Chapecó – Unochapecó

Mestre em Ciências Contábeis Professor da Universidade Comunitária da Região de Chapecó

Juliete Maria Senczkowski de Oliveira, Universidade Comunitária da Região de Chapecó – Unochapecó

Graduanda em Ciências Contábeis pela Universidade Comunitária da Região de Chapecó

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Published

2016-09-12

How to Cite

Mazzioni, S., Diel, F. J., & Oliveira, J. M. S. de. (2016). Attributes of the Quality of Accounting Information in Firms that Participate in the Brazilian Stock Market. Journal of Accounting, Management and Governance, 19(2), 230–253. https://doi.org/10.51341/1984-3925_2016v19n2a4

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Issue

Vol. 19 No. 2 (2016)

Section

Article

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