OS EFEITOS DA PARTICIPAÇÃO ESTATAL PARA A QUALIDADE DOS LUCROS EM EMPRESAS BRASILEIRAS
Keywords:
State-owned entreprises (SOEs), participação estatal, qualidade dos lucros, estrutura de propriedade, mercado de capitais brasileiro, economias emergentesAbstract
O presente artigo tem o objetivo de analisar os efeitos da participação estatal para a qualidade dos lucros no cenário do mercado de capitais brasileiro. Na presente pesquisa, foram examinados dados de empresas listadas na bolsa de valores B3 no período entre 1995 e 2015. Os resultados apresentados contradizem a literatura internacional sobre o tema, demonstrando que, no ambiente brasileiro, a participação estatal exerce efeitos inversos sobre a qualidade dos lucros quando comparado com os resultados de pesquisas em outros países.
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