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Tempestividade dos Relatórios Financeiros e a Persistência dos Lucros de Empresas Listadas na B3
Resumo
Este estudo tem como objetivo analisar a relação entre a tempestividade na divulgação de relatórios financeiros e a persistência dos lucros de empresas brasileiras listadas na B3. Utilizando uma amostra de 192 empresas entre 2011 e 2020, foram aplicados quatro modelos de persistência e três medidas de tempestividade. Os achados indicam que empresas que mais demoram a publicar, atrasam a publicação, ou mais demoram a publicar após o atraso apresentam menor persistência em seus lucros e fluxos de caixa. Estes resultados contribuem ao orientar a prática empresarial e políticas regulatórias, pois empresas e reguladores podem ser incentivados a adotar medidas que promovam a divulgação tempestiva de informações financeiras, visando a manutenção de lucros consistentes e confiáveis.
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