EARNING QUALITY AND RETURN: AN ANALYSIS OF THE COMPANIES LISTED ON BM&FBOVESPA

Abstract

This paper aims to analyze the relationship between the shareholder return and the quality of accruals of Brazilian publicly traded companies. For that, the survey counted on a sample of 353 companies, with information obtained in the annual financial statements of 2010 up to 2015, panel data. A research hypothesis was elaborated pertinent to the literature with respect to the quality of accruals. Being confirmed the hypothesis that the quality of the accruals has a positive and significant relation with the stock return. It is concluded that the results of the research corroborate in most of the previous literature
https://doi.org/10.3232/GCG.2018.V12.N1.04
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