Fraude contábil e governança corporativa: o caso da Oi S.A.

Abstract

The purpose of this article was to present the cases of fraud complaints from the company Oi S.A, correlating them with the company's Corporate Governance practices. Through a descriptive, bibliographic and qualitative research, a case study was carried out capable of answering the research question that, if faced with cases of fraud complaints, Oi would have strengthened its Corporate Governance practices. Faced with accusations of financial and political fraud, among others, it was possible to perceive that Cressey's Fraud Triangle Theory allows us to understand the motivations of individuals to act in an unethical way. It is concluded that, although Oi has been the target of several accusations of fraud, the biggest problem presented was planning errors, incompetence and inefficiency regarding the company's financial and strategic planning, when carrying out acquisitions and mergers with indebted companies, which compromised the financial health of Oi S.A. Faced with the need to recover the company's image and the reliability of investors, it was necessary for the company to rethink its code of ethical conduct and its corporate governance practices. Its Corporate Governance has a compliance program capable of preventing errors and fraud, reducing risks, through audit and risk prevention and corporate governance committees, through risk management acting at the strategic, tactical and operational level.