Banca de QUALIFICAÇÃO: DENES MATHEUS BARBALHO DA SILVA

Uma banca de QUALIFICAÇÃO de MESTRADO foi cadastrada pelo programa.
STUDENT : DENES MATHEUS BARBALHO DA SILVA
DATE: 25/11/2025
TIME: 15:00
LOCAL: VIDEOCONFERÊNCIA
TITLE:

WHEN THE PRESIDENT CHANGES: EFFECTS OF CEO TURNOVER ON BRAZILIAN FOOTBALL CLUBS

 

KEY WORDS:

Accounting; Finanças; Futebol; CEO Turnover

PAGES: 58
BIG AREA: Ciências Sociais Aplicadas
AREA: Administração
SUBÁREA: Ciências Contábeis
SUMMARY:

Brazilian football (soccer) has established itself as an industry of significant economic relevance, where corporate governance practices are crucial for the sustainability of clubs. In this context, the figure of the club president, analogous to the CEO, plays a central role in strategic and financial management. This dissertation investigates the effects of presidential changes (CEO turnover) in Brazilian football clubs. The general objective is to analyze how this turnover affects two main dimensions: accounting data manipulation (earnings management) and financial performance. The research is structured in two chapters. The first chapter examines the impact of CEO turnover on earnings management, using the Modified Jones model to estimate discretionary accruals. The analysis seeks to verify if the change in management is associated with a reduction in earnings management and if the last year of the term shows an increase in this practice. The second chapter focuses on the impact of CEO turnover on financial performance, assessed by the Return on Assets (ROA) indicator. It tests whether the presidential change has a positive relationship with performance and whether the maintenance of the term (continuity) has a negative relationship. The methodology uses panel data from clubs in the Brazilian Série A and B championships from 2012 to 2024, contributing to the literature on governance and management in sports organizations.

 

COMMITTEE MEMBERS:
Presidente - ***.725.574-** - MARKE GEISY DA SILVA DANTAS - IFRN
Interno - 4966048 - RAIMUNDO MARCIANO DE FREITAS NETO
Externo à Instituição - THADEU MIRANDA GASPARETTO - WVU