Editorial

ID: 38051

Authors: Eliane Salete Filippim.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 14, n. 3, p. 1-3, September-December, 2015. 3 page(s).

Document type: Editorial (Portuguese)

Indicators of technology in the perception of IT and business managers – A comparative analysis

ID: 38052

Authors: Gustavo Hermínio Salati Marcondes de Moraes.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 14, n. 3, p. 863-888, September-December, 2015. 26 page(s).

Keyword: Indicators , Information technology , IT governance

Document type: Article (English) Show Abstract

In this study we sought to identify how the indicators of information technology use can assist in the information technology governance and alignment of organizations through benchmarking. Multiple case studies were conducted in four large organizations that act in the service sector of vocational education, in which information technology plays a key role, interviewing executives from technology and business. The main indicators used in the study where the index G (expenditure and investment in IT / annual net sales) and the CAPT (annual cost per keyboard). As a result, it became clear that the indicators are perceived as important for information technology governance and alignment, and their own quality management, integrating corporate governance. Therefore, the indicators presented serve as management tools and a basis of comparison with other companies, the sector of activity, as a comparison of the historical evolution’s own internal organization (monitoring) and as part of negotiation for future technology investments, providing support to the information technology managers and business managers, facilitating their decisions.

Family farming and biodiesel production: an analysis in Northern Mato Grosso

ID: 38053

Authors: Marcos Rodrigues.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 14, n. 3, p. 889-904, September-December, 2015. 16 page(s).

Keyword: Biodiesel , Family farming , Rural development

Document type: Article (Portuguese) Show Abstract

Biodiesel production in Mato Grosso developed quickly since the implementation of the National Biodiesel Use and Production Program (PNPB) and with it, the demand for raw material source of family farming. The objective with this study was to verify if the social inclusion policies of PNPB are being effective in Northern Mato Grosso. From the collection of information with family farmers who are spread over four municipalities of northern Mato Grosso that provide raw material for biodiesel production, it was identified that there is a predominance of soybean cultivation to meet the program requirements, and even with the limitations for soybeans in family farming, the producers are able to perform this activity given their conditions of capital. Through Data Envelopment Analysis (DEA), was also possible to compare the efficiency of producers, identifying that most of them has a good efficiency in relation to income and production.

Effects of the urgency on the participation level in deliberative processes

ID: 38054

Authors: Leonardo Secchi, Juliana Kulpa Feijó.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 14, n. 3, p. 905-924, September-December, 2015. 20 page(s).

Keyword: Decision-making , Deliberation , Participation , Urgency

Document type: Article (Portuguese) Show Abstract

In this paper we present the results from a research that analyzed the influence of urgency on the level of participation in deliberative contexts. The basic hypothesis on this research is that the shorter the time available to deliberate the more concentrated is the deliberative process (less participation). To test the hypothesis, we conducted a quasi-experimental study, in which two groups of people simulated deliberations with high, medium and low urgency, in order to assess the impact of the independent variable (urgency) upon the dependent variable (level of participation). The simulations were audio and video recorded, and, later, analysed according to each participant’s participation in relation to the total of the groups’ participation. In order to measure the level of participation, we adapted the Gini coefficient methodology for calculating concentration/distribution of interventions of the participants in the deliberative process. The results indicate that urgency has negative impact on the level of participation in deliberative contexts, supporting the research hypothesis.

Results of the Program Minha Casa Minha Vida in the perception of beneficiaries

ID: 38055

Authors: Francimar Natália Silva Cruz Reis, Suely de Fátima Ramos Silveira, Vinicius de Souza Moreira.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 14, n. 3, p. 925-956, September-December, 2015. 32 page(s).

Keyword: Evaluation of results , Housing , Logical Framework Approach , Public policy

Document type: Article (Portuguese) Show Abstract

With this study we evaluated the results of the Program Minha Casa Minha Vida (PMCMV) at the municipal level (Viçosa, MG), identifying the perception of its beneficiaries under three dimensions: Housing Unit, Enterprise and Surrounding Areas, based on the Logical Framework proposed by Reis (2013). A Cluster Analysis was adequate to evaluate the results of PMCMV and promising for such studies because it allowed effective identification of the variables that contributed most to the separation of the groups that rated best and worst the dimensions. Based on comparative analysis of the three dimensions, one can realize the segregation of urban space when it comes to housing provision for low-income people (social interest). These individuals are allocated in remote locations (peripheral regions) of major urban areas. It is considered, that a program that has in its scope the guideline of building houses that are able to promote the social, environmental and economic sustainability of housing complexes, should pay attention to evaluative studies of this nature. The case of Viçosa, MG indicated, based on the perception of those who actually enjoy the benefit, several critical points that must be rethought. Therefore, knowing the perceptions of beneficiaries increases the possibility of developing more adequate programs to customers, going beyond the construction of housing, providing improved life quality and welfare.

Is Eletrobras a good sector funds manager? A study about the Global Reserve of Reversal

ID: 38056

Authors: Rudolph Fabiano Alves Pedroza Teixeira.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 14, n. 3, p. 957-982, September-December, 2015. 26 page(s).

Keyword: Brazilian electricity sector , Eletrobras , Financing , RGR

Document type: Article (Portuguese) Show Abstract

Eletrobras was mandated to finance Brazilian electricity sector through funds from the Reversion Global Reserve (RGR). However, with the advent of Provisional Measure No. 579 from September 9th, 2012, later converted into Law No. 12.783, from November 1st, 2013, the payment of RGR is no longer compulsory. Added to this, Bill No. 355, 2011, considered if Eletrobras focused applications of RGR in companies controlled by it, rather than the others. In order to investigate if Eletrobras is a good public resources manager and deserves a new source of funding for the electricity sector, it was found by the econometric models that both the Eletrobras group and the others big companies are relevant to explain the RGR releases. Furthermore, it was found that Eletrobras, by releasing RGR, did not distinguish between large companies or small cooperatives of rural electrification.

Strategies on the outsourcing to the development of productive and logistic chain – an analysis in service provider industries to a multinational on the footwear segment

ID: 38057

Authors: Wagner Pietrobelli Bueno, Cristiano Henrique Antonelli da Veiga, Sandrine de Almeida Flores, Luis Carlos Zucatto.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 14, n. 3, p. 983-1004, September-December, 2015. 22 page(s).

Keyword: Footwear industries , Logistics , Outsourcing

Document type: Article (Portuguese) Show Abstract

The leather footwear industry has a socio-economic integration of various production glusters as the Vale dos Sinos region in Rio Grande do Sul States, Brazil. Its performance is directly linked to the fluctuations of both the domestic market and the international one and these interfere directly in the development of these regions. Another factor that influences this dynamic is the organization of the production chain, especially the vertical integration and outsourcing the logistics arrangement whose dynamics influence the quality, cost and speed of response to customer requests. This paper reports a case study of a multinational company in the footwear leather sector located in New Hartz, RS, whose manufacturing strategic action is mixed, articulated through its own manufacturing line organization and the development of a network of outsourced systems suppliers. The investigation began from the analysis of one of the tier suppliers and was expanded later to investigate the chain and anchor itself. We tried to identify the impacts of these actions for the region as well as the influences that the reduction in sales volume, mainly exports to Argentina, have led to the region. The collection of field data was performed in two distinct periods, from January to February and from August to November 2014, through semi-structured questionnaire. As a result, we prepared a map of the flow of interaction between the anchor company and partner. It was also observed that there is a vulnerability in the closure of jobs driven by the 10% reduction in export affected by the Argentine crisis.

Influence of image and perception of value in the intention of purchasing chicken meat: a quantitative study

ID: 38058

Authors: Deonir De Toni, Ricardo Antonio Reche, Fabiano Larentis, Gabriel Sperandio Milan.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 14, n. 3, p. 1005-1034, September-December, 2015. 30 page(s).

Keyword: Perception of value , Poultry meat image , Purchase intention

Document type: Article (Portuguese) Show Abstract

Brazil is currently featured on the world context as a producer and exporter of chicken meat, creating jobs and allowing the permanence of men in the contryside. Researches show that consumption of chicken meat, worldwide, grows at higher rates than the other meats. But despite this scenario, consumers’ perception about chicken meat still needs attention from researchers. Qualitatively, Reche, De Toni and Milan (2010) identified the attributes present in the central image of this meat and the value perceptions, demonstrating that consumers perceive the chicken meat as a healthy product, affordable, versatile and light. Aiming to demonstrate quantitatively which dimensions of chicken meat image contribute most to the intention of buying, an instrument composed of 71 questions relating to the image of the product, value perceptions and purchase intentions was applied to 213 respondents, showing that the rational, functional, sensory and physical-material dimensions of the image are the most significant to consumers’ purchase intention. The attributes and dimensions listed are related to marketing actions, in specific variables, relevant to the intention to buy the product.

Relationship between performance and intangibility companies based countries with economic turmoil

ID: 38059

Authors: Lara Fabiana Dallabona, Sady Mazzioni, Roberto Carlos Klann.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 14, n. 3, p. 1035-1062, September-December, 2015. 28 page(s).

Keyword: Competitiveness , Economic performance , Intangible assets , Intellectual capital , PIIGS

Document type: Article (Portuguese) Show Abstract

The study investigates the influence of the degree of intangibility on the economic performance of companies located in Portugal, Ireland, Italy, Greece and Spain, exploring 604 companies from the economic sectors of industry, utilities and transport. Data analysis drew on the SPSS® statistical package, applying a multivariate linear regression technique. As dependent variables, we used the return on assets (ROA), Earnings per Share (EPS), Sales Growth (CV), Asset Turnover (GA) and Return on Equity (ROE). As independent variables, the degree of intangibility (GI) and the dummy variables representing countries and economic sectors. The results demonstrate that the GI has a positive and significant relationship with ROA and a negative and significant one with ROE; in relation to LPA and CV variables, no statistically significant results were found, and as the GA variable, all relationships were positive, alternating between significant – with the companies from Portugal, Italy, Greece and Spain – and not significant, with companies from Ireland and the total sample. It is concluded that there is significant relationship between the degree of intangibility and economic performance of companies from the sample, supporting the theoretical perspectives that the intangible assets have differentiated capability in the value creation to the entities.

The Financial Performance Evaluation Of The Oil and Gas Industry Through The Cash Flow Indicators In The Period From 2010 to 2013

ID: 38060

Authors: Sophie de Souza Abrahão, Márcia da Silva Carvalho, José Augusto Veiga da Costa Marques.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 14, n. 3, p. 1063-1090, September-December, 2015. 28 page(s).

Keyword: Cash Flow , Financial Accounting , Financial ratios , Oil & gas accounting , Quotients analysis

Document type: Article (Portuguese) Show Abstract

This study focuses on some of the cash flow indicators, emphasizing those that relate the total cash generated/ consumed from operating activities. Were selected 10 Oil and Gas public companies listed on SEC, that disclose their statements annually in F-20 form in the period from 2010 to 2013. The companies were selected taking the market value into consideration to choose the most relevant ones. The data applied in this research were obtained through the PFC Energy database, being structured in a way that was possible to analyze the behavior of cash flows through graphs. Through analysis, it was noticeable that the sample obeyed similar patterns of growth and reduction in almost all categories analyzed over the four years, fact that was not observed only in the indicator of quality of the result, which no logical pattern was found. It was also noticeable that for most of the analyzed companies, 2011 was the year in which they obtained the largest net profits, and, consequently, higher values of dividends paid and the biggest OCF results.

Organizational learning in the pharmaceutical industry: a multilevel analysis from the managers’ perception

ID: 38061

Authors: Elen Cristina Albuquerque da Silva, Almir Martins Vieira, Edson Keyso de Miranda Kubo, Marcelo de Souza Bispo.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 14, n. 3, p. 1091-1118, September-December, 2015. 28 page(s).

Keyword: Group learning , Individual learning , Organizational learning

Document type: Article (Portuguese) Show Abstract

In the following study, the aim was to understand how the development of the learning in individual, group and organizational levels happen, from the perceptions of managers from a pharmaceutical industry. For this purpose, a qualitative approach was assumed, taking the semi-structured interview as the instrument for data collection. The interviews were held with the managers of the searched industry. As main results, it was found that learning, in multiple levels (individual, group and organizational), happens through various means in the pharmaceutical industry, expressing itself as forms of sharing that are configured as fundamental for the competitiveness of the company.

Learning program: image and satisfaction in the view of learners

ID: 38062

Authors: Suzete Antonieta Lizote, Miguel Angel Verdinelli, Elisa Couto Laurentino, Luana da Silva Santos.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 14, n. 3, p. 1119-1144, September-December, 2015. 26 page(s).

Keyword: Image , Learners , Learning program , Satisfaction

Document type: Article (Portuguese) Show Abstract

Technical and professional training of young people is important for their integration into the labor market. For many of them, the association of professional experience to the study means the way for the improvement of living conditions. Given this context, in this study we analyzed the image and satisfaction of learners about Instituto Crescer’s learning program. To establish the conceptual framework, the Brazilian legislation addressing this issue was consulted. This study of quantitative approach, by its nature, is classified as applied and according to its descriptive goal. The population was composed of two groups of learners: those who recently joined the program and have daily classes and those who have entered the labor market and participate in biweekly lectures. The data of were collected through a self-report questionnaire. In addition to raising the personal information and expectations regarding work, the questionnaire had a block that collected data about the image and satisfaction with the program. This block was divided into three categories: education, promoting institution and personal development. The results showed that in all three categories, the values of means were more than 80% of the maximum possible value for both the image and to the satisfaction. The results also confirm differences between the perceptions of the groups. The higher values, when they occurred, were for students who entered recently, for the ones under 16 years old and for women. We conclude that the learners’ answers are very favorable to the development of the program.

Superior Education, Social Mobility and Domination: an analysis at the light of Bourdieu’s concepts and of the institutional theory

ID: 38063

Authors: Lindomar Pinto Silva, Luciana Costa Freitas Dias, Janayna Souza Silva.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 14, n. 3, p. 1145-1174, September-December, 2015. 30 page(s).

Keyword: Domination , Field , Institutional theory , Superior education

Document type: Article (Portuguese) Show Abstract

This work analyses how the superior education system in a region of Brazil contributes for domination processes in society, hindering the individual social mobility from disadvantaged classes. For the theoretical analysis, the concepts of field, habitus and domination of Bourdieu and institutional theory were used. The data were collected through semi-structured interviews with managers of Human Resources (HR) enterprise, human resource managers of big companies, and six ISEs course coordinators in the region of Feira de Santana, Bahia, and it was used the contents analysis for its interpretation (BARDIN, 2011). The results show that there is an awareness of the limitations of the students to the case involving the possession of capital (economic, cultural and social) and their conditions of existence. In addition, there is a conscious acceptance of differences detected between the chances of their students and those from ISEs better evaluated by the market, indicating that mentioned ISEs will hardly be able to offer their students level of competitiveness necessary for their professional success. Also, the conclusion is that IESs have far more maintained stability and positions of social classes than promoted change in these positions. The main result is to show that the differences between ISEs in the study area can be explained by the process of existing dominance in the field of education and the ISEs accept that situation

Changes in accounting routines: institutional contradictions and human praxis

ID: 38064

Authors: Franciele Wrubel, Leandro Augusto Toigo, Carlos Eduardo Facin Lavarda.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 14, n. 3, p. 1175-1204, September-December, 2015. 30 page(s).

Keyword: Accounting routines , Human praxis , Institutional changes , Institutional contradictions , Institutional theory

Document type: Article (Portuguese) Show Abstract

With this study, we aimed to identify the factors that provide contradictions, praxis and institutional changes in accounting routines. A structured questionnaire with 56 questions was developed and implemented, constructed from the models of Tolbert and Zucker (1999) and Seo and Creed (2002). Forty-three responses were obtained, which were treated by factor analysis, using the method of analysis of principal components with Varimax rotation, that allows the reduction of variables or the reduction of factors. The tests of Kaiser-Meyer-Olkin (KMO), of sphericity of Barlett, Cronbach’s alpha and of significance prove to be adequate. The results show five institutional changes factors and eight institutional contradictions factors and human praxis. It is concluded that two factors account for the changes caused by market factors and legislation, representing 23.645% of the variance, i.e. 32.107% of the total variance (73.643%). The other factors are strongly related to technological changes. In the analysis of institutional contradictions and human praxis, one realizes that the three most significant factors are related to misalignment of interests and institutional incompatibility (Factor 1; 18.18%), human praxis (Factor 2; 14.107%) and technical efficiency (Factor 3; 11.663%) with cumulate of 43.45%. The study describes about a specific context of accounting routines for professionals working in the area, and it lists the factors with the most significant and representative weight on the various institutional changes that the professionals experience.

Influence Analysis of Private Equity and Venture Capital in Enterprise Risk Shares that held IPO as Divestment form

ID: 38065

Authors: Júlio Pereira de Araújo, Marcos Roberto Gois de Oliveira.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 14, n. 3, p. 1205-1268, September-December, 2015. 64 page(s).

Keyword: Private Equity , Value at Risk , Venture Capital

Document type: Article (Portuguese) Show Abstract

In this article we aimed to compare the risk of companies that have been invested by managers of private equity and venture capital (PE/VC) in relation to the ones that did not receive this kind of investment. The database used was the prices and daily stock returns of companies that performed IPO from February/2006 to November/2010. In the analysis, it was found aspects of volatility of stock prices (normal, presence of unit roots, serial autocorrelation of errors and support to heterocedastic effects) and the methodology used was the Value at Risk (VaR) with Monte Carlo Simulation. We analyzed the individual of VaR’s companies per year of IPO (2006-2010) and total period. Each individual VaR was calculated based on the best of three models of volatility: standard deviation, volatility with more parsimonious GARCH model and the best GARCH model found by Akaike methodology. The results of the analysis of volatility showed mainly that most enterprises have support to heterocedastic effects. Regarding the results of VaR, both in total period and in the analysis per year of the IPO, the group of companies that received PE/VC investments showed higher VaR values compared to those without PE/VC. Thus, we can conclude that the group of companies with PE/VC investment has a higher level of risk in relation to the companies without.

Instant and Standardized Solutions using Knowledge Management: an approach on forms of dismissal

ID: 38066

Authors: Cleber Augusto Pereira, Neimar Sousa Pinto Pereira, Renato Pereira Monteiro.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 14, n. 3, p. 1269-1296, September-December, 2015. 28 page(s).

Keyword: Contradictory ways , Dismissal , Standardized solutions , Traditional ways

Document type: Article (Portuguese) Show Abstract

The main objective with this study was to conduct a critical discussion of the issues related to the implementation of instant solutions and in a standardized way in a company in order to solve organizational conflicts. In doing so, the strategy adopted was an interpretation of the context of organizational relationships shown in the film “Up in the air”. For this interpretation, we have primarily used concepts of organizational theory and chosen three main dimensions of analysis: conventional, contradictory forms and several contexts of dismissal. These forms allowed to make an approach to the film and on this, the discussion took place, building up the concept map and the conceptual research model and, further, the findings were discussed, always seeking to identify the relation between these and the organizational theory. In this study it has been used a systematic review of literature, chosen after watching the film and by reflecting upon the notes from the synthesis. The combination of the model of film analysis proposed by Denzin and Lincoln (2005) took place, which allowed to establish a list of dimensions or skills possible to be discussed and later association with the selection of articles in journals eith relevant impact factor, whats culminated in the construction of the conceptual model of work. Besides, it was used a methodology for visual presentation of the key concepts through a hierarchical diagram, concept map, which allowed a better understanding of the keywords/key concepts. The main results of the study are bond to the discussion of application of the concepts elicited from the film under the point of view of the organizational theory and promote the reflection between the observed in the film and the ways of avoiding organizational chaos.