Relação entre gerenciamento de resultados e ativos intangíveis no setor de tecnologia da informação

Abstract

The present study deals with intangible assets and the possibility of earnings management using these assets. The objective of the present study is to verify the relationship between the analysis of the proportion of intangible assets considering the total assets and earnings management in companies listed in Brazil, Bolsa, Balcão (B3) in the Information Technology sector. A descriptive research was carried out in the analysis of documents with a quantitative nature of the data that were collected in the period from 2013 to 2020. The variables used to estimate the regression model regarding earnings management were: Current Assets, Cash Equivalents, Current Liabilities , Depreciation and Amortization, Other Current Assets, Receivables, Net Sales Revenue, Operating Expenses, Permanent Assets and Total Assets. To study the relationship between intangibles and earnings management, the earnings management proxy was used as a dependent variable and as an independent variable, the variables: Proportion of Intangible Assets, Competitiveness Level, Shareholding Concentration, Corporate Governance, Family Control, Size and Leverage, multiple linear regression was used. The results found include: the high variability of the variables Current Assets, Cash Equivalents, Current Liabilities, Other Current Assets, Net Sales Revenue, Operating Expenses and Total Assets of the companies between the period from 2010 to 2020; the non-significance of the variable Proportion of Intangible Assets, with earnings management as a dependent variable; the significance, however with a negative coefficient of the variables Equity Control and Leverage; and the significance with a positive coefficient of the Asset Size variable, and the greater this variable, the greater the margin for managing the results of technology companies. The research is justified when considering that information technology companies make intensive use of intangible assets and these have a certain degree of subjectivity when recognizing and measuring the assets, so it is a possibility to manage so as not to disclose losses incurred in the period. Therefore, this research contributed to the earnings management literature through accruals.