文章基本信息

标题：Transparência, desempenho e risco: uma análise do comércio eletrônico
本地全文：下载
作者：Leandro de Carvalho Alves ; Flavio Luiz de Moraes Barboza ; Kárem Cristina de Sousa Ribeiro 等
期刊名称：Enfoque: Reflexão Contábil
印刷版ISSN：1984-882X
出版年度：2018
卷号：37
期号：3
页码：111-127
DOI：10.4025/enfoque.v37i3.34108
语种：Portuguese
出版社：Universidade Estadual de Maringá
摘要：Among the mechanisms of corporate governance proposed by the Agency Theory, one that potentially provides greater reduction of asymmetric information is transparency. Thus, using regressions with data in panels and parametric tests and nonparametric mean differences, the significant results of this research indicate that e-commerce companies traded on NASDAQ are more transparent and have higher performance and lower risk than the similar company listed on the BM&FBOVESPA. These results also indicate that the most transparent companies have higher performance and greater risks. In periods of crisis, the increase is observed both in performance and risk. However, the interaction between crisis and transparency indicates that the most transparent companies are less risky and also report lower performance, since they manage their results less than others.