The Journal of Accounting and Organizations has as its mission to disseminate relevant sicentific production in the areas of Financial Accounting, Finance and Market, Managerial Accounting and Controlling, Accounting Applications, Teaching and Research on Administration and Accounting, produced by teachers, researchers, students and professionls from Brazil and from other countries, selected on the basis of quality and contribution to the development of the knowledge in these fields.
Universidade de São Paulo. Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto
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A systematic literature review on earnings management in the public sector
The present study aimed to conduct a systematic review of the literature on earnings management (EM) in the public sector. The justification for this research lies in the need to understand the consequences of implementing the Accruals Accounting Regime (AAR) in the public sector. The AAR increases the level of professional judgment and discretion, thereby creating opportunities for EM and negatively impacting government transparency and accountability. The methodology consisted of a systematic review across the Scopus and Web of Science databases, using keywords related to "earnings management" and "public sector." Area filters were applied, followed by a reading and screening process, which culminated in the analysis of 72 relevant articles, categorized according to the framework proposed by Bisogno and Donatella (2022). The main results confirm the ubiquity of EM across all public sector levels (central, regional, local governments, and state-owned enterprises), primarily driven by political and fiscal incentives. At the macro level (central governments), the use of real operations (e.g., stock-flow adjustments) to meet international targets predominates. However, at the micro level, particularly in local governments, EM is mainly exercised through discretionary accruals (e.g., depreciation) with the intent of reporting small surpluses, a practice strongly associated with political-budgetary cycles and electoral competition. The literature indicates that this manipulation distorts financial statements, undermining public accountability.
Dimmitre Morant Vieira Gonçalves Pereira
Copyright (c) 2026 Dimmitre Morant Vieira Gonçalves Pereira, Jomar Miranda Rodrigues https://creativecommons.org/licenses/by-nc-nd/4.0
ESG and Economic and Social Development: a comparative analysis of BRICS and G7 before and during the COVID-19 pandemic
Environmental, Social, and Governance (ESG) practices are essential for advancing the Sustainable Development Goals (SDGs), especially in the face of global crises such as the COVID-19 pandemic.Thus, this study aims to analyze the relationship between ESG performance and GDP and HDI indicators before and during the COVID-19 pandemic by comparing G7 and BRICS countries. Data were collected from Refinitiv Eikon® from 2005 to 2021 and processed using clustered panel data regression at the firm level. The results reveal that ESG is positively related to GDP and HDI in the overall model, while in the segmented analysis GDP shows a positive relationship in both groups and HDI is negative in the BRICS and positive in the G7. It was also found that before the pandemic ESG was positively associated with GDP, whereas after the pandemic it was positively associated with HDI. These findings contribute by showing managers that the adoption of ESG practices can improve indicators related to a country’s development, thereby contributing to the achievement of different SDGs.
Copyright (c) 2026 Geovane Camilo Santos, Camila Lima Bazani, Jaluza Maria Lima Silva Borsatto, Daiana Paula Pimenta https://creativecommons.org/licenses/by-nc-nd/4.0
Corporate governance and catering investors' demand for dividends in Brazil
An important factor in establishing a relationship of trust with investors, which can be used by companies, is the adoption of governance practices. In the literature it is discussed whether governance and dividends have a complementary relationship or a substitution relationship. However, previous studies have treated investors as agents who always have the same preference for dividends. This study aimed to investigate the influence of corporate governance practices on the dividend policy of Brazilian companies in light of variations in the demand for dividends. For this, regressions were carried out with panel data for a sample of 400 non-financial companies with shares listed on B3, covering data from the period between 2007 and 2022. The results brought support for the substitute model, with companies listed in special corporate governance segments paying less dividends. It was also pointed out that the substitute effect is stronger in times of low demand for dividends, that is, companies with strong governance standards are able to retain even more cash when investors' interest in dividends is lower. This study contributes to demonstrating that the adoption of corporate governance standards should be encouraged to build a safer investment environment and less dependent on mandatory dividend regulations.
Copyright (c) 2026 Tiago César Farinelli, Marcelo Augusto Ambrozini https://creativecommons.org/licenses/by-nc-nd/4.0
Auditor’s going-concern opinion: omission or precaution?
This study examines the auditor’s going-concern opinion and its impact on the propensity for bankruptcy and judicial reorganization among companies listed on the Brazilian stock exchange (B3). The analysis is based on a sample of 256 companies (1,364 firm-year observations) from 2010 to 2020, using logistic and negative binomial regression models. The results indicate that, although auditors do not formally modify the audit opinion, the mere disclosure of significant going concern uncertainties in the independent auditor’s report is associated with an increased probability of insolvency. The evidence suggests that this signaling acts as a market trigger, contributing to the debate on the “self-fulfilling prophecy” and the auditor’s dilemma between regulatory compliance and caution. This study has implications for regulators, auditors, and users of accounting information, reinforcing the importance of goin-concern reporting as a signaling mechanism.
Copyright (c) 2025 Mariana Aparecida Fávero Fiorin, Débora Vieira Miranda, Vagner Antônio Marques, Patrícia Pain https://creativecommons.org/licenses/by-nc-nd/4.0
Red Flags in Play-to-Earn Crypto Games: proposal and Testing of a Checklist Based on Ponzi Scheme
This study aims to assess to what extent it is possible to detect characteristics commonly employed in the financial crime known as a Ponzi scheme in play-to-earn crypto games. A literature review was conducted to identify red flags present in traditional schemes and cryptocurrencies. These red flags were validated by digital forensic experts as a possible criminal checklist. The checklist was tested against a sample of crypto games. Some red flags proved to be more relevant than others. The findings suggest that game mechanics, token value, and withdrawal difficulty are the most important aspects in assessing the risks of Ponzi schemes in crypto games. On the other hand, webpages, tokenomics, and utility of the token and NFT are less relevant for risk assessment. This study is groundbreaking in its specific focus on identifying red flags in Ponzi schemes within the play-to-earn gaming market, a recent and underexplored area, thus filling a gap in previous research on cryptocurrencies. In this exploratory study, the literature review was limited by the lack of research regarding Ponzi schemes in crypto games. The identification of red flags associated with schemes in crypto games can provide insights for investors and users, aiding the prevention of participation in fraudulent schemes, thereby contributing to the reduction of these acts stemming from large-scale globalization.
Copyright (c) 2025 Rodrigo Barbosa de Almeida, Rafael Sousa Lima, Paulo Vitor Souza de Souza https://creativecommons.org/licenses/by-nc-nd/4.0
Courts of Accounts and Performance Auditing: an Institutional Logics Perspective
Courts of Accounts play an essential role as auxiliary bodies of the Legislative Branch in the external oversight of public accounts, tasked with ensuring the proper and regular application of public resources. With the modernization of public administration, in addition to traditional compliance and financial audits, these institutions have also begun conducting performance audits aimed at evaluating organizational performance. This study aims to analyze the institutional logics present in performance audits of basic education conducted by Brazilian Courts of Accounts. A qualitative approach was adopted, with a document analysis of 74 performance audit reports conducted by 21 Courts of Accounts. The results highlight the coexistence of two institutional logics: the managerial logic, associated with the auditor’s role as a management consultant, and the legalist logic, linked to the auditor’s role as a judge and public accountant. The study reveals that, although classified as performance audits, they remain significantly influenced by the legalist logic predominant in Courts of Accounts. This influence, evidenced by the strong presence of attributes characteristic of compliance audits, may impact results by limiting performance evaluation and the promotion of improvements in public management.
Copyright (c) 2025 Celina Costa Lima dos Reis, Diana Vaz de Lima https://creativecommons.org/licenses/by-nc-nd/4.0
Integrated risk management in sustainability on pig farms
The study aims to analyze the influence of integrated risk management on the sustainability of pig farms. The research is characterized as descriptive, survey and quantitative. The sample comprises 100 rural producers located in the Western Santa Catarina Mesoregion. For data analysis, Exploratory Factor Analysis (EFA) was performed to identify latent variables and assess their validity, followed by Structural Equation Modeling (SEM) to test the relationships between the constructs. The findings indicated that management controls, agribusiness risks and risk management directly influence the sustainability of pig farms. Furthermore, it was identified that integrated risk management impacts sustainability both directly and through mediation. However, no mediating influence was found between agribusiness risks, management controls and sustainability, suggesting that producers rely predominantly on empirical experience to deal with risks.
Copyright (c) 2025 Sady Mazzioni, Ketlin Stumpf Pinto, Cristian Baú Dal Magro, Lindomar De Togni https://creativecommons.org/licenses/by-nc-nd/4.0
Determinants of performance-based budgeting and its effect on the effectiveness and efficiency of public sector managers
The purpose of this paper is to examine the influence of determinants (management competence, intrinsic and extrinsic job satisfaction) on Performance-based budgeting and its impact on managerial performance (effectiveness and efficiency) of managers of Ministries in Timor-Leste. A survey was conducted, and the data analyzed using partial least squares structural equation modeling (PLS-SEM). The results demonstrate that management competence and extrinsic job satisfaction positively influence performance-based budgeting. Additionally, this research also proves that Performance-Based Budgeting positively impacts the effectiveness and efficiency of the managerial performance of the managers in the sample. This study contributes to the literature by providing new evidence on the determinants and consequences of Performance-based budgeting. Furthermore, it contributes to public management by offering insights into the factors that can drive greater managerial performance in the budget management of the Ministries analyzed.
Copyright (c) 2025 Miranda Goretti da Costa Soares, Rosana Santos de Oliveira, Carlos Eduardo Facin Lavarda, Jaimito Tomas Maia Cortereal , Alcindo Cipriano Argolo Mendes https://creativecommons.org/licenses/by-nc-nd/4.0
Copyright (c) 2025 Sílvio Hiroshi Nakao https://creativecommons.org/licenses/by-nc-nd/4.0
The Impact of Tax Litigation on the Cost of Capital: Evidence from Brazilian Listed Companies
This study investigates tax-related litigation effects on capital costs of firms listed on the Brazilian Stock Exchange (B3) Using 1,218 observations based on 174 firms between 2017 and 2023, a fixed-effects econometric model was used to investigate the impact of tax disputes on the cost of debt and equity. The findings show evidence that tax litigation increases the cost of debt as creditors see increased credit risks. But the cost of equity is stable, indicating that shareholders do not alter their expectations for returns in response to tax disputes. Firm size and corporate governance quality are other determinants of capital structure, the assessment notes. The main contribution of this study to the literature consists in considering tax litigation as an element to be evaluated in calculating the capital costs of companies from emerging markets, offering an empirical evidence from Brazil. The study's practical implications offer suggestions for corporate managers to use proactive fiscal risk management practices to counteract rising financing costs and improve competitiveness.
Copyright (c) 2025 Antonio Lopo Martinez, Alfredo Sarlo Neto, Arquimedes Moraes https://creativecommons.org/licenses/by-nc-nd/4.0
Copyright (c) 2024 Sílvio Hiroshi Nakao https://creativecommons.org/licenses/by-nc-nd/4.0
Government subsidies and insolvency risk in Brazilian financial institutions
This study investigates the relationship between the receipt of government subsidies and the insolvency risk of publicly listed Brazilian financial institutions. By applying regression analysis using GMM System estimators for a sample of 47 companies between 2010 and 2020, the findings reveal that government subsidies are related to a lower measured insolvency risk. However, the results differ when the sample is divided into banking and non-banking institutions. This study contributes to the literature, given the limited research on insolvency risk in the Brazilian financial sector. This evidence broadens the understanding of the effectiveness of such subsidies as a public policy tool, suggesting that receiving government subsidies may represent a source of resources capable of creating economic conditions that lead to a lower risk of insolvency in financial institutions.
Copyright (c) 2025 Maria Mônica Nogueira de Araújo, Ana Beatriz Vieira de Sousa, Paulo Henrique Nobre Parente, José Glauber Cavalcante dos Santos https://creativecommons.org/licenses/by-nc-nd/4.0
An overview of debt renegotiations in Brazilian publicly listed firms for the period from 2010 to 2021
Debt renegotiations play a fundamental role in maintaining contracts between creditors and borrowers. However, little is known about the characteristics of these renegotiations, especially in emerging economies like Brazil. High asymmetry of information, few protections for creditor rights, and the difficulty in executing the debt, which are characteristics of these economies, make renegotiation a fundamental instrument in the contractual relationship between creditor and borrower. Therefore, we aim to comprehensively analyze debt renegotiations within an emerging economy, specifically Brazil. The database was prepared manually by reading more than 3,000 notes to financial statements, considering all the companies listed on the Brazilian B3 stock exchange in 2021. We analyzed data from 12 years (2010 to 2021). This study reveals a higher concentration of debt renegotiations focused on covenants (waivers) and term extensions. Moreover, most renegotiations occurred in the fourth quarter, with a relevant concentration occurring during the COVID-19 pandemic (2020 and 2021). Private banks accounted for approximately 45% of renegotiations, while capital market credit represented nearly 40%. Notably, companies in good financial condition were less likely to renegotiate their debts.
Copyright (c) 2025 João Paulo Augusto Eça, Tatiana Albanez, Mauricio Ribeiro do Valle https://creativecommons.org/licenses/by-nc-nd/4.0
Effect of collaboration on the relationship between social exchange and management control system design
The study aims to analyze the mediating effect of collaboration on social exchanges between managers in management control system design. A descriptive study was carried out with a quantitative approach by means of a survey, using a questionnaire. The population is made up of 423 companies listed on Brasil, Bolsa, Balcão (B3). The survey instrument was sent to managers through the SurveyMonkey platform. The final sample totaled 203 respondents. Structural equation modeling (SEM) was used to analyze the data. Propagation of the importance of behavioral, psychological, and social contexts in order to improve the relationship between organizations and managers, and therefore improve MCS design, contributing to organizational performance. The results show positive and significant direct relationships between social exchanges and MCS design. The results also indicate that collaboration has a mediating effect between the social exchanges between managers and MCS design. The study contributes to the literature by embracing SET concepts in a new research field, therefore presenting consistent results and expanding the framework of both SET and MCS.
Copyright (c) 2024 Marcielle Anzilago, Rógerio João Lunkes https://creativecommons.org/licenses/by-nc-nd/4.0
Reflections on the use of artificial intelligence in management accounting: opportunities, challenges, and risks
Copyright (c) 2024 Marcelo Henrique de Araujo, Edgard Cornacchione https://creativecommons.org/licenses/by-nc-nd/4.0
The relationship of agency costs and the disclosure of sustainability reports in earnings management
The objective of the study is to verify the moderating effect of agency costs on the relationship between the disclosure of sustainability reports and earnings management practices in public companies listed on B3. To this end, descriptive, documentary research with a quantitative approach was carried out, covering the period from 2015 to 2020, with an unbalanced sample comprising 702 observations. Data were collected through the Economática® platform, corporate websites and reference forms, and analyzed using multiple linear regression, using Stata® software. The findings suggest that the agency cost, measured by asset turnover, had a negative relationship with earnings management practices, while inefficiency in spending intensifies earnings management practices in Brazilian companies. On the other hand, companies that disclose sustainability reports are less prone to earnings management practices, likely leading to an improvement in the quality of accounting information. However, the concomitant presence of the disclosure of sustainability reports and high agency costs lead companies to practice earnings management, reversing the beneficial effect that the disclosure of sustainability reports promotes on the quality of accounting information.
Copyright (c) 2025 Ana Cláudia Deconto, Cristian Baú Dal Magro, Sady Mazzioni, Lindomar de Togni https://creativecommons.org/licenses/by-nc-nd/4.0
StilOrtiz, good controls never go out of style
This is a teaching case for educational purposes related to the topics of management control and performance management systems. It describes the real situation of the company StilOrtiz, a clothing company that operates in a decentralized way through production units. The units have been showing losses in the last months due to unfavorable efficiency rates. This scenario puts in check the skills of Helena Mendonça and Carlos Rodrigues front of the production units. They need to look for solutions and arguments that are good enough to convince Ramiro Ortiz, production director, that changes are required in the unit’s management control and performance system. This case aims to contribute to a practical view of management control theory through an active teaching methodology that puts the student in front of the problem of the company StilOrtiz and encourages them to resolve the case.
Copyright (c) 2024 Valter da Silva Faia, Geany Maria Fugimoto de Moura https://creativecommons.org/licenses/by-nc-nd/4.0
Insertion of financial education in the education of the participants of the first Brazilian Olympiad on Financial Education in Rio Grande do Sul
Financial Education forms the foundation for children and teenagers to build a sustainable life related to money. One sought to identify how the Financial Education is inserted in the education of the First Brazilian Olympiad on Financial Education in Rio Grande do Sul (OBEFRS) participants, in 2019. This is a qualiquantitative study, as to the approach, and descriptive, as to the objective. Data were obtained through a questionnaire, answered by 93 people: teachers (20%), family members (78%) and others (2%). The findings were: all participating schools work with Financial Education; private institutions do it to a higher level; families are unaware of this practice; schools are not transmitting their actions in a comprehensive manner; and it is necessary to accurate parents and schools. The contributions reinforce the relevance of engaging family and society in the promotion of Financial Education for children and adolescents, in order to form financially conscious and sustainable citizens.
Copyright (c) 2024 Wendy Beatriz Witt Haddad Carraro, Aurora Duarte Morossino , Thiago Seixas Alves, Eyitayo Gérald Yannick Dimon https://creativecommons.org/licenses/by-nc-nd/4.0
Is carbon risk relevant in the Brazilian market?
The purpose of this study is to analyze the relationship between stock return and the disclosure of carbon emissions in the Brazilian market. International literature has documented a strong correlation between stock returns and carbon emissions on a global scale. There is little evidence on the impact of carbon emissions disclosure on the Brazilian capital markets. Previous studies in the Brazilian market analyzed stock returns for a B3 Carbon Index (ICO2) sample, and they did not find superior stock returns for those firms. This study expands the sample considering all companies that voluntarily disclosed carbon emissions. We also analyze the relation between carbon emissions and stock return. Despite the high level of carbon disclosure by Brazilian companies, the results of this study did not identify carbon premium in the carbon-transition risk in the Brazilian market. This result contradicts prior international evidence. This study contributes to the sustainable finance literature by analyzing the relevance of the disclosure of carbon emissions in the capital markets of an emerging economy.
Copyright (c) 2024 Rafael Antonio Moutinho, Ricardo Luiz Menezes da Silva https://creativecommons.org/licenses/by-nc-nd/4.0
Perspectives on the use of public financial information by politicians: recent findings and future challenges
Copyright (c) 2024 Sónia Paula da Silva Nogueira, Susana Margarida Jorge https://creativecommons.org/licenses/by-nc-nd/4.0
Relationship of key audit matters and audit delay with financial restatement
This study investigates the relationship between key audit matters (KAM), audit report lag (audit delay), and financial restatements. It hypothesizes that longer audit delays reduce financial information quality, impair the auditor's work, and increase the likelihood of restatements. Additionally, it explores whether firms disclosing KAM exhibit higher audit quality and a lower probability of restating financial statements. The analysis draws on data from 323 non-financial firms listed on Brazil’s Stock Exchange (B3) between 2010 and 2020, employing descriptive statistics, mean proportion difference tests, and panel regression models. The results show that companies with longer audit delays are more likely to restate their financial statements. Conversely, greater KAM disclosure reduces this likelihood. Moreover, the number of KAM moderates the relationship between audit delay and the likelihood of restatement. These findings provide valuable insights for auditors, regulators, investors, and governance committee members, especially in assessing business risks. The study also shows that KAM reporting by auditors is associated with a decrease in restatement events, thus providing relevant insights for auditing practices and accounting regulation.
Copyright (c) 2024 Lauren Dal Bem Venturini, Sarah Dornas Gama , Vagner Antonio Marques https://creativecommons.org/licenses/by-nc-nd/4.0
Relationship between capital structure and tax aggressiveness in publicly traded companies in Brazil
The present study aimed to analyze the relationship between capital structure and tax aggressiveness in publicly traded companies in Brazil. The sample period spans from 2010 to 2022. Estimates were obtained using the Ordinary Least Squares (OLS) regression model for panel data with fixed effects. As an additional test, the period prior to and during the pandemic was analyzed. To ensure robustness of the results, statistical tests were conducted using quantile regression, incorporating other proxies to measure tax aggressiveness. The results are robust and suggest that Brazilian publicly traded companies that rely on third-party funds tend to exhibit less aggressive tax behavior. Thus, this study contributes to the literature by providing new evidence regarding corporate indebtedness and its implications for tax behavior. It complements previous studies by contributing to the debate on capital structure and its relationship with tax aggressiveness.
Copyright (c) 2024 Jorge Bispo, Tiago Alves Barbosa, Anderson José Freitas de Cerqueira https://creativecommons.org/licenses/by-nc-nd/4.0
Brazilian private equity industry: Market timing for post-IPO divestment
This is a descriptive, quantitative study that used as a database information from Equity Investment Funds (EIF) and records of 49 companies supported by Private Equity (PE) and Venture Capital (VC) in Brazil, between the years 2000 and 2020, which carried out an IPO and were fully divested. The results show that 2.7 years is the approximate time for total divestment - close to the 3 years of the US market, in addition to the fact that when the shares held by the PE/VC Funds were fully divested, the prices of the shares were higher than the prices at the IPO and, finally, that the exits resulted in positive abnormal returns for investors. Therefore, this study brings contributions to society and to the Applied Social Sciences, as it is innovative in measuring the Market Timing of divestment in the PE/VC industry in Brazil, as well as filling a gap in the internal literature and perhaps assisting researchers interested in further exploring this subject.
Copyright (c) 2024 Tássio Araújo Vieira, Ducineli Regis Botelho, Alex Mussoi Ribeiro, José Alves Dantas https://creativecommons.org/licenses/by-nc-nd/4.0
Clinical Managers in the context of Brazilian hospitals: profile description and experience report
This study aimed to analyze the profile and experiences of clinical managers working in Brazilian hospitals, characterizing their role as hybrid professionals and comparing their experiences in public and private healthcare settings. The objective was to understand their clinical and managerial activities, as well as to assess their preparation and development for this role. It is a cross-sectional study with an exploratory character and a qualitative approach, conducted between March 2019 and July 2020 with healthcare professionals occupying management positions. The results show that clinical managers predominantly have academic backgrounds in Nursing and Medicine. In public hospitals, Nursing is the most common background (61.7%), while in private hospitals, Medicine is more prevalent (55.6%). A lato sensu postgraduate degree in Health Management or an MBA is the most frequent qualification among these professionals (52.5%). There is a combination of clinical and managerial responsibilities in the daily routine of clinical managers. In private hospitals, there is a greater focus on managerial activities, whereas in public hospitals, managers are more involved in direct patient care. The study concludes that aspects related to professional identity and the evaluation of the pedagogical projects of undergraduate Nursing and Medical programs can be explored to support the transition of clinical professionals into hybrid roles as clinical managers. This transition should be planned, clear, and well-prepared, enabling effective integration of clinical and managerial tasks, which is essential for the successful implementation of managerial accounting tools.
Copyright (c) 2024 Gisele Cristina dos Santos, Carlos Alberto Grespan Bonacim, Claudio de Souza Miranda https://creativecommons.org/licenses/by-nc-nd/4.0
Use of social media by the CEO and value relevance
The study addresses the role of CEOs as the leading corporate communicator and symbol of the company's identity, and how spreading their opinions through social media can affect the company. This research aimed to analyze the effect of CEOs' posts on LinkedIn social media, related to the companies where they work, on value relevance. The population consists of companies that make up the IBrX100. We analyzed annual data through OLS regressions with robust standard errors. The period of analysis addressed the time the last CEO of each company was in office. The results show that the CEO's use of social media contributes to the relevance of accounting information. Additionally, the sensitivity test showed that the greater the number of posts, likes, and comments, the greater the effect on market-to-book, suggesting that the interaction between the CEO and the market through LinkedIn improves the relevance of accounting information. The contribution of this study consists of empirical evidence that the CEO's communication on LinkedIn, checked through posts related to the firm, favors engagement with its stakeholders, observed through likes and comments, which may reflect on the company’s value relevance to the market, and therefore affect the quality of accounting information.
Copyright (c) 2024 Roberto Carlos Klann, Mikaéli da Silva Giordani https://creativecommons.org/licenses/by-nc-nd/4.0
Antecedents of job performance of public servants: individual, professional and organizational
This article examines antecedents of job performance of public servants, specifically individual (age, gender, resilience and work-related stress), professional (servant status and length of service) and organizational factors (the use of Management Information System - MIS and the understanding of internal processes through MIS). Data from the survey with 250 public servants from an institution responsible for upholding the State's legal order were analyzed using structural equation modeling. The results reveal that the individual factors age, gender, resilience and work-related stress influence the job performance of the public servants. The professional factor servant status was also found to have an impact, whereas length of service did not. Among the organizational factors, the use of MIS influences job performance, which contrasts with understanding of internal processes through MIS. These results suggest that the job performance of the public servants is more affected by individual factors than organizational ones. The length of service of the public servant was not significant, which suggests that experience does not necessarily reflect in performance. These findings provide important insights into the assignment of public servants for a given role and subsequent performance evaluation, in addition to filling a gap in the literature on practices in the public service.
Understanding of internal processes through MIS
Copyright (c) 2024 Silvana Mannes Meurer, Marília Paranaíba Ferreira, Ilse Maria Beuren, Vanderlei dos Santos https://creativecommons.org/licenses/by-nc-nd/4.0
Influence of CEO power on the indebtedness of B3 companies
This study analyzes the relationship between CEO power and the indebtedness of companies listed on B3. To that end, Finkelstein's dimensions of power (1992) were adopted as theoretical framework, and an empirical multiple regression model was used, with six equations being estimated according to the debt ratios. In all, 346 companies were analyzed for the period from 2010 to 2021. The investigated dimensions of power were: structural, ownership, prestige, and expert power. Evidence indicates that structural power positively influences indebtedness, while CEOs with more prestige can help improve an organization’s image. Financially expert CEOs keep lower indebtedness. Such evidence can help facilitate CEO admission to companies and show to investors and potential investors the influence these managers can have on companies’ indebtedness.
Copyright (c) 2024 Radja Ferreira Corrêa, Yasmim Clarice Ramos Abreu, Inajá Allane Santos Garcia, Annandy Raquel Pereira da Silva https://creativecommons.org/licenses/by-nc-nd/4.0
Influence of work-family conflict and job satisfaction on independent auditors’ turnover intention
This study analyzes the influence of work-family conflict and job satisfaction on independent auditors’ turnover intention. The sample consists of 108 Brazilian independent auditors with LinkedIn profiles. Data was collected through an online questionnaire. Descriptive statistics and structural equation modeling were employed for the analysis. The results indicate that job satisfaction reduces independent auditors’ turnover intention, while work-family conflict increases it. More specifically, interference from work demands with family generates turnover intentions in audit firms, whereas interference from family with work activities decreases turnover intentions. The study contributes to theory and practice by addressing relevant and current issues in the audit environment, particularly concerning the work-family conflict. The findings encourage audit firms to reflect on the importance of initiatives aimed at mitigating the conflicts employees face between work and family demands. Balancing these demands is crucial not only for the well-being of independent auditors but also for firms, as it reflects on audit quality.
Copyright (c) 2024 Paulo Roberto da Cunha, Camila Adam, Marines Lucia Boff https://creativecommons.org/licenses/by-nc-nd/4.0
Budget implementation aligned with product innovation in the telecommunications sector
This study examines the implementation of budgeting aligned with product innovation in a telecommunications company. It is a qualitative and descriptive research conducted through a case study in a large Brazilian company in the telecommunications sector. Data were collected and analyzed through semi-structured interviews, documents, and observations, adopting the framework of Chenhall and Langfield-Smith (1999) and focusing on the budget as an instrument of administrative innovation. The results indicate that one of the main triggers for budget implementation is radical product innovation, due to its impact on revenue, investments, and enhanced control. The evidence highlights the budget implementation process as a managerial tool contributing to innovation. This research contributes to managerial literature by exploring the connections between formal controls and innovation, which present ambiguous results in the literature, while demonstrating that budgetary interactions can foster radical product innovations.
Copyright (c) 2024 Fabíola Tibúrcio Machado, Carlos Eduardo Facin Lavarda, Cristina Hillen https://creativecommons.org/licenses/by-nc-nd/4.0