Editorial V. 19, N. 3, 2020

ID: 60182

Authors: Ieda Margarete Oro.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 19, n. 3, p. 393-395, September-December, 2020. 3 page(s).

Document type: Editorial (Portuguese)

Spirituality in the Work Environment and Behavior of Organizational Citizenship: An Analysis on the Perception of Employees in the Industry of Rio Grande do Norte

ID: 60183

Authors: Laís Karla da Silva Barreto, Ivy Dias Barros, César Ricardo Maia de Vasconcelos, Gabriel Martins de Araújo Filho, Allan Gustavo Freire da Silva.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 19, n. 3, p. 397-418, September-December, 2020. 22 page(s).

Keyword: Food industry , Meaningful work , Quantitative method , Spontaneous behaviors

Document type: Article (Portuguese) Show Abstract

This study aims to understand how the Spirituality in the Work Environment (EAT) influences the Organizational Citizenship Behavior (CCO), based on the perception of the employees of an industry in the Mineral Water sector of Rio Grande do Norte. The purpose of this paper is to present, interpret and understand the relationships between the analytical variables, obtained from the employees’ perceptions. For that, a quantitative perspective and descriptive purpose research was carried out. Data collection on EAT and CCO was done through questionnaires answered by 32 employees at all hierarchical levels. The main results showed that the dimensions Sense of service to the community and Joy in the work had a higher prevalence over the other dimensions. As for the CCO, a high degree of perception of the aspects of Courtesy and Altruism was identified. On the other hand, the behavior of Sportsmanship was less predominant in the results. Age, length of service and leadership position had an influence on CCOs and EAT. It was verified the existence of moderate relation between Sense of benefit of community and all CCO, except, Sportsmanship. Thus, it has been shown that some behaviors of organizational citizenship and EAT are related, when present in the work environment, as well, some sociodemographic and occupational aspects can influence the citizenship behaviors at work and the spirituality of the environment.

On Foot, in the Shopping Cart or in the Buggy: The Influence of Children on Supermarket Shopping

ID: 60184

Authors: Vitor Koki da Costa Nogami, Olga Maria Coutinho Pépece, Juliana Medeiros, Andres Rodriguez Veloso.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 19, n. 3, p. 419-440, September-December, 2020. 22 page(s).

Keyword: Child , Consumer behaviour , Retail , Shopping cart , Supermarket shopping

Document type: Article (English) Show Abstract

The paper goal is to analyze how the shopping cart strategy can influence the family’s buying process when they are with children in supermarket. The literature review addresses both the evolution of supermarket retailing and children’s influence on family’s decision-making at supermarket. We conduct two researches, first (qualitative) included 12 observations and 7 interviews at one supermarket store, second (quantitative) consisted of a survey at four stores of same supermarket chain with sample of 298 families. The results indicate there mainly findings, (a) parents prefer when children are in shopping cart, (b) children prefer to go in the buggy as there is a funny shopping experience, and (c) when children are walking, they interact more with the products in the supermarket, consequently, its family spend more than had planned. This paper has the following contributions. The paper offers a deeper understanding of how children behave in real settings, providing insights to retail managers on the dynamics of the store. In addition, we offer suggestions to retail managers on how to deploy a cart strategy that has potential to bring superior revenues. Lastly, our findings suggest that in some retail situation, the deployment of certain cart strategies can bring more security to the store.

Impact of the 2014 to 2016 Economic Crisis on the Beta Coefficient of the Brazilian Stock Market

ID: 60185

Authors: Vinícius Luís de Souza Nonato, Paula Virgínia Tófoli.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 19, n. 3, p. 441-462, September-December, 2020. 22 page(s).

Keyword: B3 , Conditional CAPM , Crisis , Kalman filter , Market beta

Document type: Article (Portuguese) Show Abstract

Empirical studies have found evidence that the market risk, or market beta, tends to increase in crisis periods. Given the Brazilian economic crisis from 2014 to 2016, this paper investigates whether this crisis had a significant impact on the market risk of the Brazilian firms with stocks negotiated at the Brazilian stock market, Brasil, Bolsa, Balcão (B3). For this, we estimated the trajectory of the beta of a portfolio of stocks traded on B3 for the period from February 2010 to December 2018, considering a conditional CAPM with the dynamics of beta given by a stochastic process combined with conditioning variables related to the economic cycle. We found evidence that the portfolio beta had an increase by January 2015, and only returned to values of the pre-crisis period by March 2018. This evidence is aligned with results found in the international literature and has important implications in terms of risk management.

Financial Leverage, Capital Structure and the Volatility of Assets Traded on B3

ID: 60186

Authors: Fabio Michel Oliveira, Regis Augusto Ely, Rodrigo Nobre Fernandez.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 19, n. 3, p. 463-488, September-December, 2020. 26 page(s).

Keyword: Financial leverage , Volatility and capital structure

Document type: Article (Portuguese) Show Abstract

This article aims to measure the effect of financial leverage and capital structure of companies listed on B3 (Brasil, Bolsa, Balcão) on the volatility of their publicly traded Assets. For this, we estimate a panel model with fixed effects using quarterly data and calculate the quarterly volatility through the standard deviation of the daily closing prices of the Assets. The data used includes the quarterly balance sheets during the period from 2010 to the first quarter of 2017 and the price of the assets traded on the stock exchange. The results show that the capital structure of companies influences the volatility of their assets, especially variables such as leverage, composition of the debt and fixed assets. Companies with higher levels of debt are more sensitive to these effects, as are companies in the retail and transportation sector.

The Knowledge of Accounting Students Regarding the Code of Ethics

ID: 60187

Authors: Karina Silveira da Cunha, Maria Denize Henrique Casagrande, Sandro Vieira Soares, Alan Diógenes Góis.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 19, n. 3, p. 489-512, September-December, 2020. 24 page(s).

Keyword: Accountant’s Professional Code of Ethics , Accounting , Professional Ethics

Document type: Article (Portuguese) Show Abstract

The Accountant’s Professional Code of Ethics (CEPC) aims to set the way which accountants must follow in the exercise of their profession and with regards to their professional class, and knowledge of its contents is one of the components of the Sufficiency Exam of the Federal Accounting Council. This research aims to verify the level of knowledge that the students of the Accounting Sciences Course in the Federal University of Santa Catarina have with regards to the CEPC. The qualitative research was done via a survey based on questions from the Sufficiency Exam of the Federal Accounting Council. The research had the participation of 101 students enrolled in the 2nd and 4th stages of the Course. The results show that the average number of correct answers for students who took the class (Ethics and Political Philosophy) is statistically higher than that of students who did not take the class. The median of that count for the students who took the class is twice that of the students who did not take the class. These results support the conclusion that taking the class positively impacts the students’ performance on ethics-related questions. However, the analysis, per question, of the performance of both groups revealed that the proportion of correct answers for the students who already took the class is statistically higher than that of the students who did not take the class yet in only 5 of the 18 questions analyzed. These results, considering the content of the questions in which there was an increase in performance, support the conclusion that taking the class positively impacts the students’ performance in a restricted and small number of questions.

Preservation of Socioemotional Wealth and Professionalization in Family Businesses

ID: 60188

Authors: Alice Carolina Ames, Jessica Giovana Nolli, Franciele Beck, Daniel Magalhães Mucci.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 19, n. 3, p. 513-536, September-December, 2020. 24 page(s).

Keyword: Family Business , Professionalization , Socioemotional Wealth

Document type: Article (Portuguese) Show Abstract

Family businesses dominate business in most of the world’s economies, influencing the socialeconomic environment. This study aims to investigate how socioemotional wealth impacts the professionalization process in a family business. The research is characterized as exploratory, a qualitative case study carried out in a company located in Santa Catarina with 50 years of history, being a large-scale, privately-held company. The interviews were analyzed using the discourse analysis approach. The results of the research suggest that socioemotional wealth influenced professionalization to preserve family values, given that professionalization occurred to maintain and survive the business. Also, the hiring of non-family professionals allowed different perceptions for decision making, adding value to decision making. The theoretical contribution of the study consists of the discussion of socioemotional wealth and professionalization, about the involvement of the family in the organization, and the participation of non-family professionals in the management of the business, taking into account that the socioemotional wealth reinforces the professionalization of the family business. This study broadens the debate about professionalization in family businesses, suggesting that this process does not compete with the maintenance of socioemotional wealth.

Quality of Environmental Information versus Profitability of Electric Industry Firms Listed in ISE

ID: 60189

Authors: Ana Lúcia dos Santos, Alexsandro Gonçalves da Silva Prado, Caritsa Scartaty Moreira, José Mauro Madeiros Velôso Soares.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 19, n. 3, p. 537-566, September-December, 2020. 30 page(s).

Keyword: Environmental , Profitability , Quality of information , Sustainability report

Document type: Article (Portuguese) Show Abstract

According to the stakeholder theory, social and environmental investments are supposed to result in better financial performance, as these investments reflect the company’s concern about the environment and society. This study aimed to verify the relationship between the quality of environmental information and the profitability of electric power companies quoted on the Brazilian stock exchange (B3 S.A.) and listed in the Corporate Sustainability Index. The sample consisted of 10 Brazilian companies with shares traded on B3 S.A. from 2014 to 2017. For the data collection, it was analyzed the company’s sustainability report, the Global Reporting Initiative (GRI) model, Standard Financial Statements, and the economic-financial information from the Economática® database. The results show that the companies have medium or high level of accuracy, indicating good quality of disclosure, and the application of the quantile regression technique showed that a higher disclosure given by the accuracy index is not associated with the following variables: Earnings Before Interest, Taxes, Depreciation And Amortization (EBITDA), Earnings Before Income Tax + Net Financial Availability, Gross Margin, Earnings Before Interest And Taxes (EBIT margin), Ebitda margin, Return on assets, and Return on Investment (ROI). The results show no relation between the profitability of the companies and the social and environmental actions.

Relational Leadership in the Network of the Brazilian Transport Sector

ID: 60190

Authors: Éderson Tomasi da Silva, Eliane Salete Filippim, Anderson de Souza Sant’Anna.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 19, n. 3, p. 567-592, September-December, 2020. 26 page(s).

Keyword: Leadership , Network , Relational leadership , Transport

Document type: Article (Portuguese) Show Abstract

The management of a company organized in a network expands the construction of relationships that strengthen cooperation and the optimization of resources beyond the leader-led plan, requiring articulation and cooperation between individual, organizational and social levels. Referring, therefore, to the style of relational leadership, this article has the central purpose of presenting results of a study aimed at investigating the role and forms of performance of leadership in a Brazilian organization identified with organizational architecture oriented to the notion of network. The research can be classified as a case study, carried out through a qualitative approach, conducted with the organization of the fractionated cargo transportation segment, with units in the southern region of Brazil. Data were collected through interviews, observation, questionnaires and document analysis. For data analysis, content analysis and triangulation of different sources of evidence were used. Among the main results, it is pointed out the relevance of differentiated leadership profiles capable of building and sustaining more flexible organizational environments in which the intra and interorganizational integration and coordination can overcome logics centered on formal contractualism, bureaucracy and predominant practices in configurations functional organizational structures that hinder knowledge transfer, creativity and innovation.

Alignment between People Management Models and Organizational Sustainability Levels

ID: 60191

Authors: Terezinha Bernadete Pinto Oliari, Silvio Roberto Stefano, Sandra Mara de Andrade.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 19, n. 3, p. 593-618, September-December, 2020. 26 page(s).

Keyword: People management models , People management policies and practices , Pulp and paper industry , Triple Bottom Line (TBL)

Document type: Article (Portuguese) Show Abstract

The discussion of sustainability issues is taking shape in organizations with the search for sustainable organizational development; with the consumption of ecological products, making the industries implement their activities and their production processes with more effective and efficient management policies and practices. These market demands are currently changing the concept and sustainable strategies that the organization develops; in this context, people management plays a crucial role in actions, since it is the management of policies and practices planned and implemented by people management tend to help in the desirable position in the level of organizational sustainability. The theme studied deserves further reflection in academia and organizations. This paper seeks to understand how the strategic and sustainable models of people management are aligned and the levels of organizational sustainability of two pulp and paper industries. This purpose, a multiple case study was carried out in these two industries, which are configured in companies that are restructuring strategies aimed at implementing sustainability for the best organizational performance. In order to achieve the general objective, it was necessary to conduct a wide bibliographic search, with semi-structured interviews with directors and employees – strategic and tactical – in addition to unsystematic observation and analysis of the companies’ documents on the websites. Through content analysis, it was possible to verify that the levels of sustainability of industries are related to the people management model adopted to manage companies.