IMPACTS OF OTHER COMPREHENSIVE INCOME ON EARNINGS MANAGEMENT
DOI:
https://doi.org/10.11606/rco.v10i27.107284Keywords:
Other Comprehensive Income, Earnings management, Discretionary accruals.Abstract
The study aimed to verify the impact of Other Comprehensive Income (OCI) in the earnings management (EM) practices in Brazilian publicly held companies. This research characterizes as descriptive, documentary and quantitative. The period of analysis encompasses 2010 to 2013. In addition to the OCI, EM variables such as Size (LnTam), Indebtedness (Endiv), Financial Leverage (AlavFin) and Operating Cash Flow (OCF). As a result, there was significant and positive correlation of OCI to the size of companies in 2010. In 2012, OCI presented significant negative correlation with OCF and Indebtedness. DA showed significant and negative correlation with Indebtedness in 2011 and 2012 and with Leverage in 2012, and in 2010 and 2012, there was significant and positive correlation to Leverage. It is concluded that it was not possible to confirm that OCI decreases EM levels nor its disclosure increases the transparency of accounting information for reducing informational asymmetry.
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