ETHICAL VALUES IN THE ORGANIZATION AND THE QUALITY OF ACCOUNTING INFORMATION
DOI:
https://doi.org/10.14392/asaa.2022150107Abstract
(i) Objective: Examine the relationship between managerial ethics and the quality of accounting information.
(ii) Method: 272 non-financial companies classified in B3 in the period from 2010 to 2019 were analyzed. As a proxy for information quality, the models by Kothari et al. (2005) and Collins et al. (2017), assuming that higher volumes of additions are related to a reduction in the level of information quality. As a proxy for managerial ethics, cases of corporate fraud occurred in Brazil were verified. Econometric tests were performed using linear and quantile regression.
(iii) Results or Discussion: The results demonstrate that the level of managerial ethics affects the quality of information. This can be explained by the lower level of information transparency and the consequent greater information asymmetry.
(iv) Contributions: The results have practical repercussions in relation to the attention that should be given by both the accounting professional and the gatekeepers to the treatment of the ethical issue in the associations, since their deficiency can cause bias in the information disclosed to external users. Thus, to combat the occurrence of fraud and bring improvements to the quality of accounting information, in addition to the implementation and continuous improvements of control and monitoring policies in companies, the dissemination of management ethics programs should be part of a senior management strategy that seeks improvements in the transparency and quality of accounting information.
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