Editorial V. 20, N. 1, 2021

ID: 63676

Authors: Juliano Danilo Spuldaro.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 20, n. 1, p. 5-8, January-April, 2021. 4 page(s).

Document type: Editorial (Portuguese)

Hedge Accounting: International Financial Reporting Standards and Standards of the Central Bank of Brazil

ID: 63677

Authors: Sérgio de Iudícibus, Ana Paula Correia Lacanna, José Everardo Alves Pereira, Ilse Maria Beuren.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 20, n. 1, p. 9-34, January-April, 2021. 26 page(s).

Keyword: COSIF , Hedge Accounting , IAS 39 , IFRS 9

Document type: Article (Portuguese) Show Abstract

In 2008 it was announced the revision of International Accounting Standard (IAS 39), segmented into three main stages, the classification and measurement of financial instruments, the introduction of a new methodology for the calculation of impairment and hedge accounting. This project resulted in the publication in July 2014 of the new Standard of Financial Instruments, IFRS 9. The objective of this study was to analyze the main impacts brought by IFRS 9, in comparison with accounting standards in the Accounting Plan of National Financial System Institutions (COSIF), in relation to accounting for hedge accounting. A comparative analysis of local and international regulations was carried out and, in a complementary manner, was analyzed the impact of the application of international accounting standards on Brazilian accounting statements in Generally Accepted Accounting Principles of Banco Société Générale do Brazil, basis of June 30 2017. The results of the research show that, with the changes introduced by IFRS 9, more detailed information on hedge accounting has been required, which considerably impacts the content and the current format of the explanatory notes. The analysis of the financial institution’s explanatory notes revealed the need for adequacy as to the way of discloser the items designated as hedge instruments, separately by risk category, and as to the required format, present a level of detail of the values by risk category for types of hedge. In this sense, the study’s main contribution is to demonstrate that the local requirements of the disclosures of financial instruments need adjustments.

Contingency Factors And The Importance Attached To Performance Indicators: An Analysis In Civil Construction Companies In The City Of Recife, PE

ID: 63678

Authors: Herivânio Torres Bandeira, Aldo Leonardo Cunha Callado.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 20, n. 1, p. 35-62, January-April, 2021. 28 page(s).

Keyword: Civil construction , Contingency factors , Performance indicators

Document type: Article (Portuguese) Show Abstract

This work aims to investigate the level of relations established between contingency factors of Recife’s civil construction enterprises, as well as to investigate the importance assigned to performance indicators by its managers in Balanced Scorecard (BSC) perspective. Therefore, the contingency theory was the approach given to the analysis of the importance of performance indicators. As for the methodology, a survey was conducted and applied to 20 managers from civil construction enterprises located in Recife. The data analysis was conducted by the measure of Spearman’s correlation coefficient with the support of STATISTICA for Windows software. The analysis of results highlighted few significant relations between managers’ characteristics and performance indicators, so that the variables of age range and wastage indicator were the only ones to reach strong magnitude. Moreover, significant relations between enterprises with performance indicators were noticed, so that the relation between strategic priority and indicators (such as delivery punctuality, operational volume flexibility, on-time delivery, employee satisfaction and risk management) were the only ones with significant strength. The research contributions can be addressed to other researchers who intend to develop co-related studies in other locations, even in other market segments, as well as can be attached as a parameter for enterprises involved in the same researched market sector.

Mediating effect of Innovation Performance in the Relationship among Learning, Innovation Capability and Organizational Performance

ID: 63679

Authors: Linda Jessica de Montreuil Carmona, Giancarlo Gomes.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 20, n. 1, p. 63-88, January-April, 2021. 26 page(s).

Keyword: Innovation , Innovation performance , Organizational innovation capability , Organizational learning capability , Organizational performance

Document type: Article (Portuguese) Show Abstract

This study aimed to verify the mediating effect of innovation performance on the relationship between organizational learning capability, organizational innovation capability and organizational performance in the textile industry of Santa Catarina State. To this end, exploratory quantitative research was developed, with primary data from survey applied to 322 managers of the same number of companies. The multivariate treatment of the data was performed by confirmatory factor analysis and structural equation modeling based on partial least squares (PLS). To test mediation, we used Baron and Kenny’s path analysis (1986). The results confirmed the mediating effect of innovation performance on the relationship between organizational learning, organizational innovation capability, and organizational performance. Among the theoretical contributions of this paper are the proposition and validation of a model developing arguments in favor of learning and innovation capability to leverage innovative and organizational performance in emerging markets such as Brazil. Also, the focus on the textile sector, neglected by the innovation literature, because of its maturity and low technological intensity, when, in fact, this industry is highly innovative. The practical contribution aims to assist managers and professionals in the analysis of vectors linked to the generation of superior innovative and organizational performance, providing competitive advantage over competitors. Social contribution is related to the benefit that the study of innovation brings to society, contributing to the evolution of products, organizations and economic growth and providing the basis for new enterprises, employability, and quality of life.

Management Of Innovation In Companies Of The Leather-Footwear Sector

ID: 63680

Authors: Vanessa Theis, Camila Fernanda Blos, Dusan Schreiber.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 20, n. 1, p. 89-108, January-April, 2021. 20 page(s).

Keyword: Innovation , Leather-footwear sector , Management

Document type: Article (Portuguese) Show Abstract

The changes in the economic scenario have transformed the mode how companies operate, and with that, innovation has been a strong ally to keep themselves competitive in the market. Thinking about the reality of organizations located in the city of Novo Hamburgo, in the state of Rio Grande do Sul, which for a long time had its economy turned to the leather footwear sector, this article aimed to identify the specificities, needs and lacks of the innovation management process in companies in that sector. A bibliographic review was carried out and data were collected with direct observations and in-depth interview with nine managers from different organizations. It was pointed out that these organizations are still in the early stages of the innovation management process. However, respondents recognize the potential for differentiation that is implicit in the innovation process, but emphasize that high cost, little experience and lack of innovation culture as the main barriers in adopting innovation practices.

University-Company Interaction: Case Analysis Of Two Brazilian Universitie

ID: 63681

Authors: Cassiane Chais, Paula Patricia Ganzer, Daniel Hank Miri, Juliana Matte, Pelayo Munhoz Olea.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 20, n. 1, p. 109-132, January-April, 2021. 24 page(s).

Keyword: Case study , Entrepreneurial university , Spin-offs academics

Document type: Article (Portuguese) Show Abstract

The university’s history is based on contributing to the advancement of knowledge and technology in a country’s socio-economic context through teaching, research, and extension. The knowledge generated by the research carried out by students and researchers can cause interaction with different actors, among them the companies, leading to the transfer of knowledge produced at the university to the market. In line with the above, this study aimed to analyze how university-company interaction occurs from the State University of Campinas (Unicamp) and the University of Vale do Rio dos Sinos (Unisinos) cases. The method used is of a qualitative approach and exploratory nature, characterized as a case study, having as elements two Brazilian Higher Education Institutions. Besides bibliographic and documental research, a semi-structured interview with university managers and researchers was adopted for data collection. For the data analysis, the content analysis was used, with the treatment through NVivo® software. The main results showed that companies and universities need to understand that it is necessary to cooperate in collaborative technological research. This way, the financial resources invested by public or private initiatives are not only accepted as articles published in scientific journals but also become technological innovations disseminated to the market.

Satisfaction And Student Loyalty In Brazilian Public Universities

ID: 63682

Authors: Roberta Hoffmann, Éverton Cavalheiro, Leonardo Betemps Kontz, Alejandro Martins.

Source: RACE: Revista de Administração, Contabilidade e Economia, v. 20, n. 1, p. 133-152, January-April, 2021. 20 page(s).

Keyword: ECSI , Education , HEIs , Loyalty , Public Higher Education Institutions , Satisfaction , Students

Document type: Article (Portuguese) Show Abstract

Due to market changes and government necessity to provide education to citizens, Brazil has been experiencing a process of growth in its higher education. Thus, in an increasingly competitive and transforming environment, the overall demand for qualified services have become a common denominator in Higher Education Institutions HEIs. The later exposed the necessity for management optimization so that public institutions could improve their performance for the benefit of students. Unlike other companies that aim to satisfy themselves, these HEIs often perceive satisfaction as a means to an end. That is, satisfied students are loyal students. Thus, in this research the European Satisfaction Model (ECSI) was applied to 1581 students from 23 public and free universities in Brazil. As a result, it has been observed that satisfaction is a determinant of loyalty. Among the determinants of satisfaction, it was observed that the image, the treatment of complaints and perceived value are the most representative key-factor elements. In this way, the efficient management of the public HEI image, the adequate treatment of students’ complaints and the perception that the investment of effort and time will generate future gains has a positive and significant influence on the continuity of students in Brazilian HEIs.