Editorial

ID: 34436

Authors: Marcelo Alvaro da Silva Macedo.

Source: Sociedade, Contabilidade e Gestão, v. 9, n. 2, p. 2-2, May-August, 2014. 1 page(s).

Document type: Editorial (Portuguese)

Management control in major Brazilian multiple banks: the impact of internationalization and convergence of accounting standards on the control systems

ID: 34437

Authors: João Carlos Damasceno Reis, Josir Simeone Gomes, Marta Dalbem.

Source: Sociedade, Contabilidade e Gestão, v. 9, n. 2, p. 6-21, May-August, 2014. 16 page(s).

Keyword: Banks , Internationalization , Management Control

Document type: Article (Portuguese) Show Abstract

This study verifies the impact caused by the processes of globalization and convergence to international accounting standards on the managerial control systems of the largest multiple banks that operate in Brazil. The study was exploratory in nature, with the use of the case study method and the application of questionnaires containing mostly open questions to upper tier executives of four major Brazilian banks. The analysis showed that globalization has resulted in improved control systems and widespread use of information technology. It was also found that the convergence to international accounting standards occurred properly, thanks to the steps taken by the Central Bank that aimed at an agile updating of the Brazilian accounting standards laid down for banks operating in Brazil, in line with international standards. In general, the researched banks did not report a significant impact of convergence to the IFRS on their management control systems; adherence to the international accounting standards has had more significant impacts on information systems, especially regarding the new reporting and transparency standards, rather than on management controls. This result signals that the management control systems of the four banks in the sample are in line with Anthony (1965)’s vision, that is, that flexibility to adapt to every change in the external environment might actually increase risks of failure.

Psychological contract in high performance companies: the pain and the pleasure of being a contemporary worker

ID: 34438

Authors: Diana Rebello Neves, Ana Heloísa da Costa Lemos, Alessandra de Sá Mello da Costa.

Source: Sociedade, Contabilidade e Gestão, v. 9, n. 2, p. 22-39, May-August, 2014. 18 page(s).

Keyword: High Performance , Psychological Contract , Working Relationships

Document type: Article (Portuguese) Show Abstract

Broader changes in capitalist production structure outlined a scenario marked by fierce competition between companies, which is demanding a workforce increasingly committed and willing to devote much of his time to organizations (GREEN, 2001). This intense dedication of the worker involves aspects ranging from the increase in working hours, through the way of thinking in the organization, seen as an extension of their lives, until the option for work at the expense of personal life. It is in this context that organizations of traditional work have given way to organizations using the systems characterized by high work performance. These systems provide workers greater autonomy and control over their work processes, which give them greater responsibilities to solve technical and operational problems (APPELBAUM, 2002). Although there are many recent studies that address this new dynamic work (HUGHES, 2008; WOOD and MENEZES, 2011) they mostly tend to focus on explaining the characteristics of high performance work systems. However, few studies are devoted to better understand the motivations that lead individuals to work intensified pace and long hours, apparently voluntarily. Evidence of the growing adoption of high performance work systems, in the current context of labor relations, as well as the attractiveness that organizations adopting the exercise over a significant group of workers, motivated this research aimed to know the terms psychological contracts established between professional and high performance organizations.

Practices of information disclosure about operating segments in Brazil

ID: 34439

Authors: Júlia Alves e Souza, Alfredo Sarlo Neto.

Source: Sociedade, Contabilidade e Gestão, v. 9, n. 2, p. 40-57, May-August, 2014. 18 page(s).

Keyword: CPC 22 , Disclosure practices , Operating Segments , Segment reporting

Document type: Article (Portuguese) Show Abstract

This study aims to identify the practices of information disclosure about operating segments presented by Brazilian companies. The years 2010 and 2011 are covered, and 2010 was the first year of this kind of compulsory disclosure by Brazilian public companies. The descriptive research is developed using the content analysis of companies’ financial statements, with reference from the requirements contained in Pronouncement CPC 22. The data, referring to the financial statements of the companies, are collected in the website of the Comissão de Valores Mobiliários (CVM). The study covers 272 companies active in the BM&FBOVESPA, distributed into 20 economic sectors, totaling 544 financial statements analyzed. It was concluded that there was no uniformity in the segments disclosure practices of the companies, as expected (once that exist the discretion allowed by CPC 22). Differences are identified both at the types of disclosures as at the level of detail of the same. Some of the companies hadn't even directly mentioned the existence of operating segments. It is also noted that the level of disclosure of companies have not explored all the points mentioned by the Pronouncement, and thus the results show there was not full compliance with the requirements of CPC 22 by these companies, and the disclosure practices have a low level of detail and are superficial in several respects.

Analysis of institutional artifact cost in management control in a textile company

ID: 34440

Authors: Rodrigo Barraco Marassi, Franciele Wrubel, Fabricia Silva da Rosa.

Source: Sociedade, Contabilidade e Gestão, v. 9, n. 2, p. 58-79, May-August, 2014. 22 page(s).

Keyword: Artifacts costs , Institutional Theory , Management Control

Document type: Article (Portuguese) Show Abstract

The present study aimed to analyze the process of institutionalization of artifacts in cost management control of Paraná company in the textile sector. For this, we developed descriptive, qualitative research with development of a case study conducted by semistructured interviews, questionnaires and document analysis. The company under study was selected for accessibility and intentionally to be in the implementation phase of change in management control practices. Was structured semi-structured interviews and questionnaires based on Burns and Scapens (2000), Guerreiro et al. (2005) and Rock and Warrior (2010). The controller and an employee of the comptroller, as well as two officials involved in the supply of the information system were interviewed. The company seeks to implement new accounting and management reporting system that offers the best timing and management of costs and fixed and variable costs, cost centers, among others. The research results show that the encoding step was performed by the controller and by consulting the codified principles and institutional desires in routines, rules and regulations and so draft the proposed changes. The company has not adequately met some factors of institutionalization listed by Guerreiro et al. (2005), regarding training of the people involved, elements of repetition and perceived consequences of the implementation of change by people. By analyzing the case study and reflect the results with the lens of institutional theory, it follows that to obtain management information artifacts cost depends on appropriate processes for data collection, and even when using updated technologies, needs some several facts that this process becomes institutionalized, which may be better understood based on this lens.

Traditional commerce versus electronic commerce: a case study under the logistics costs management view

ID: 34441

Authors: Marcos Antonio de Souza, Lindones Bisuti Lemos, Lucas Seffrin Zorzo.

Source: Sociedade, Contabilidade e Gestão, v. 9, n. 2, p. 80-100, May-August, 2014. 21 page(s).

Keyword: E-commerce , Logistics cost , Strategic cost management , Supply chain , Traditional commerce

Document type: Article (Portuguese) Show Abstract

The aim of this article is to see how a large Brazilian company of the retail sector makes the measurement and analysis of logistics costs of both its physical operations (traditional trade) as their virtual transactions (e-commerce). The research has been conducted in the contributions of strategic cost management for business sustainability. This is an unique descriptive case study, with a qualitative approach, performed in the 2nd half of 2013. Data were collected through interviews, document analysis and in situ observations. Data analyzes occurred by comparative interpretations. The main results showed no significant differences in the analysis and measurement of logistics costs between the two forms of trading. This can be explained partly by the fact that the company does not deal with electronic commerce differently in relation to the management of logistics costs. That is, both the operations of the virtual store as physical stores share the same logistics structure. Additional logistics costs in e-commerce are offset by higher margin practiced in this business model.

Accounting and Environment: an analysis of academic literature in journals

ID: 34442

Authors: José Ricardo Maia de Siqueira.

Source: Sociedade, Contabilidade e Gestão, v. 9, n. 2, p. 101-116, May-August, 2014. 16 page(s).

Keyword: Accounting Research , Environment , Sustainability

Document type: Article (Portuguese) Show Abstract

Since ancient times economic activity has brought environmental impacts. However, in recent years the society has been showing an increasing concern with environmental issues. Given the importance of this matter today, this paper aims to analyze the intellectual production of researchers in accounting about environmental issues in academic journals. For purposes of this research are considered accounting researchers who are associated with a stricto sensu program in accounting in Brazil. To achieve this goal, the researchers were identified through analysis of the websites of the programs and their academic production was tabulated based on information contained in the Lattes curricula and score defined by Qualis Capes. This article noted, among other findings, that: a) more than half of the programs analyzed showed an intellectual production in the three years period that did not exceed 80 points; b) almost 85% of programs publishing is outside the upper strata of Qualis; c) articles published by researchers in journals C overcome the total number published in the journals of levels A1 to B2; d) the accounting programs in Brazil have given a secondary attention to the environment topics related.

Market Timing, lifecycle stage and seasoned equity offerings

ID: 34443

Authors: Vilma Sousa Ismael da Costa, Márcio André Veras Machado.

Source: Sociedade, Contabilidade e Gestão, v. 9, n. 2, p. 117-135, May-August, 2014. 19 page(s).

Keyword: Equity Public Offering , Lifecycle Stage , Market Timing

Document type: Article (Portuguese) Show Abstract

The tradeoff theory suggests that companies must issue shares to investments, when its leverage index is greater than your target rate, while the pecking order theory predicts that when capital offerings occur, the capital will be used to finance investments as the last source of funding, after their debt capacity have been exhausted. In contrast, the market timing theory predicts arguments that companies will adopt opportunistic behavior by issuing shares to take advantage of the high prices of the shares. Although the market timing theory has a significant influence on the decision to make a SEO, Brazilian literature contains little evidence about their economic importance and their effects. Thus, the present research aims to fill this gap in the Brazilian scenario. Specifically, we sought to assess the explanatory power of the relationship of market timing and the lifecycle theory in the issuance of SEO, which predicts that young companies with high market-to-book (MB) and low operating cash flow sell shares to finance the investment, while mature companies, with low MB, pay dividends and fund investment internally. The sample was composed by non-financial companies with shares traded on BM&FBovespa. As main results, we can conclude that there is relationship between SEO and MB and size. On the other hand, were not observed evidence confirming the relationship between lifecycle stage and stock return, both in the previous year, and the year following the completion of the offer.

Managers’ perception on budget participation, procedural justice and managerial performance

ID: 34444

Authors: Sady Mazzioni, Leandro Politelo, Carlos Eduardo Facin Lavarda.

Source: Sociedade, Contabilidade e Gestão, v. 9, n. 2, p. 136-151, May-August, 2014. 16 page(s).

Keyword: Budget participation , Managerial performance , Procedural justice

Document type: Article (Portuguese) Show Abstract

The purpose of this paper is analyzing the influence of budget participation on the relationship between procedural justice and managerial performance in organizations in Santa Catarina. In order to achieve the objective, a descriptive quantitative research was carried out, based on a questionnaire, with 5 and 7-pont Likert scale, answered by 44 managers. For data treatment, it was used the statistical package Smart PLS to determine, by regression technique, the contribution of each variable (participation and procedural justice) on the dependent variable (performance). Descriptive statistics points to a greater awareness regarding the possibility of participation in budgeting process and a less meaningful feeling regarding superiors’ procedural justice, leaving the assessment of managerial performance in an intermediate condition. Initially, it was found that the correlations between independent (procedural justice) and intervening (budget participation) variables, and between intervening and dependent (managerial performance) variables are statistically meaningful. However, the correlation between independent and dependent variables was not statistically meaningful. The results of using structural equation (path analysis) indicated that one of the assumptions of the indirect effect was not confirmed, that is, the relationship between independent and dependent variables should diminish after being controlled by the intervening variable. In the present study, the reverse situation was observed, starting from a non-significant correlation and reaching a significant negative correlation, after the effect of the intervening variable.

Teaching: dangerous occupation. An analysis of the impact of Management of Private HEI on teaching work

ID: 34445

Authors: Paula Cristina Afonso dos Santos Ferreira, Rejane Prevot Nascimento, Maria Nair Rodrigues Salvá.

Source: Sociedade, Contabilidade e Gestão, v. 9, n. 2, p. 152-171, May-August, 2014. 20 page(s).

Keyword: Private HEIs , Private HEIs Management Model , Teaching labour

Document type: Article (Portuguese) Show Abstract

This work aims to examine the impact of the management of Private Institutions of Higher Education (IHE) on the conditions in which the teaching is carried out in these institutions. The study was conducted with professors at a university and two colleges in Rio de Janeiro. The theoretical framework includes the study of the flexibility of labor relations in general and, in particular, the flexibility afforded to teachers' work in the light of management models of private HEIs. The methodology chosen for this study is based on a qualitative approach. Field research, using semi-structured interviews scripts was performed. The subjects investigated in this study are teachers and course coordinators at the three institutions studied. It was concluded from this study that there is a direct relationship between the recent process of commodification of higher education with the precariousness of working conditions of teachers because apparently, in this market, the main goal of organizations is to maximize profit, instead of the consequences generated over other actors involved (students and teachers) . Therefore, to maximize profits, even if the service is being offered with lower quality, are reduced spending on teacher qualifications and salaries, among others.