Banca de DEFESA: GABRIELA LOUISE DE VASCONCELOS RIBEIRO

Uma banca de DEFESA de MESTRADO foi cadastrada pelo programa.
STUDENT : GABRIELA LOUISE DE VASCONCELOS RIBEIRO
DATE: 10/03/2023
TIME: 09:00
LOCAL: https://meet.google.com/xhm-pbjn-exj
TITLE:

ASSOCIATION BETWEEN TARIFF CYCLES AND EARNINGS MANAGEMENT: EMPIRICAL EVIDENCE IN ELECTRIC ENERGY DISTRIBUTORS

KEY WORDS:

Accrual-based earnings management. Accruals.RTP. Cycles tariff.

PAGES: 35
BIG AREA: Ciências Sociais Aplicadas
AREA: Administração
SUBÁREA: Ciências Contábeis
SUMMARY:

The main objective of this research is to analyze whether the accounting result of electricity distributors is managed in response to tariff review cycles. Thus, it was verified whether there is an association between accounting earnings management - represented by the discretionary accruals (DA) proxy - and the tariff review cycles of electricity distributors in Brazil (represented by the dummy variable that indicates whether or not there was a tariff review that year). To this end, it was evaluated whether companies make more use of DA in years that precede the tariff revisions (RTP's) carried out by ANEEL, the body responsible for regulating the electricity sector. The information needed to estimate discretionary accruals through the model proposed by Pae (2005) was obtained through the Economatica® platform and the ANEEL website, covering the period from 2012 to 2019. The empirical results support the research hypothesis and indicate a correlation between the use of discretionary accruals in the years preceding tariff reviews. Given that one of the functions of the regulatory body is to define the remuneration of companies through tariff revisions, which are calculated based on accounting and financial information, there is a need for informational quality to guarantee that the transfer of wealth between distributor and consumer occurs in a correct manner fair way.

COMMITTEE MEMBERS:
Interno - 2241320 - ATELMO FERREIRA DE OLIVEIRA
Externo à Instituição - EDILSON PAULO - UFRGS
Presidente - 2814007 - RENATO HENRIQUE GURGEL MOTA