Análise da relação entre as práticas tributárias e o gerenciamento de resultados

Abstract

Based on the hypothesis that there is a relationship between discretion, Results Management (GR) and the interest of users of accounting information, the objective was to verify the impact of tax practices in GR on public companies listed on the Ibovespa in the period from 2005 to 2017. It was also evaluated whether the adoption of international accounting standards altered the GR of these companies in some way. The study was operationalized applying regression by the panel data methodology. We used the modified Jones models (1995), able to obtain the accruals discretionary and the Tang (2006) modified to capture the BTD (Book-Tax Differences). The results show that there is a correlation between BTD and discretionary accruals, positive in the pre-adoption of IFRS and negative in the posterior period. Among the analyzed variables, which was statistically significant for all the models analyzed was the Operational Cash Flow (FCO), in which the higher the FCO, the lower the choice of management of accounting results via discretionary accruals.