CORPORATE GOVERNANCE AND GLOBAL MANAGEMENT ACCOUNTING PRINCIPLES IN PUBLIC COMPANIES IN BRAZIL

Autores

  • Thamirys de Sousa Correia Universidade Federal da Paraíba https://orcid.org/0000-0002-2924-4434
  • Wenner Glaucio Lopes Lucena Universidade Federal da Paraíba

DOI:

https://doi.org/10.14392/asaa.2021140107

Palavras-chave:

Corporate Governance, Global Management Accounting Principles, Management.

Resumo

Objective: The objective of this research is to verify the relations of Corporate Governance with the Global Management Accounting Principles (GMAP) of public companies in Brazil.
Methods: This is a descriptive study with a quantitative approach. With a sample of 311 companies that traded shares in Brasil, Bolsa and Balcão (Brazil Stock Exchange and Over-the-Counter Market - B3), data were collected from Comdinheiro, reference forms, companies’ website, the Brazilian Securities and Exchange Commission (CVM) and B3, management reports, annual reports, financial statements and sustainability reports, ranging from 2010 to 2016. In relation to the dependent variable, indexes were constructed to represent the GMAP (IGMAP). The explanatory variables were represented by the dimensions: Board of Directors, Ownership Structure and Control and Executive Compensation.
Results and discussions: The results show that in the dimension of the Board of Directors, companies from the Novo Mercado (New Market) are the ones that best represent the analyzed relationships, given that independence and meetings positively explain the GMAP. The age of directors and the accumulation of positions of president and CEO have a negative influence on the GMAP. In addition, the Ownership Structure had a negative impact on the GMAP, although only companies in the Level 2 segment and with little representative coefficient. In addition, fixed remuneration also explains the GMAP, this for all segments of governance.
Contributions: The study's findings contribute to the debate on the relevance of Corporate Governance practices associated with Management Accounting, since governance requires reports with adequate internal practices, especially for the survival of companies operating in competitive markets.

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Biografia do Autor

Thamirys de Sousa Correia, Universidade Federal da Paraíba

Programa de Pós Graduação em Ciências Contábeis da UFPB

Wenner Glaucio Lopes Lucena, Universidade Federal da Paraíba

Doutor em Ciências Contábeis pela UnB/UFPB/UFRN

Referências

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Cgma. (2014). Chartered Global Management Accountant. Global Management

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Wang, D. H. M., & Hynh, Q. L. (2014). The Role of Corporate Governance in the Link between Management Accounting System and Firm Performance. Asian Journal of Finance & Accounting, 6(1).

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Publicado

30/06/2021

Como Citar

Correia, T. de S., & Lucena, W. G. L. (2021). CORPORATE GOVERNANCE AND GLOBAL MANAGEMENT ACCOUNTING PRINCIPLES IN PUBLIC COMPANIES IN BRAZIL. Advances in Scientific and Applied Accounting, 14(1), 217–238. https://doi.org/10.14392/asaa.2021140107

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ARTIGOS