This paper is an empirical examination, drawing on the Institutional Brokers Estimate System (I/B/E/S) database, of analysts’ earnings forecast optimism for Brazilian companies. The study found that analysts were optimistic on average and performed poorly in terms of precision and accuracy....

This paper investigates the information content of analysts’ earnings forecast revisions for Brazilian companies, defined as the ability to change stock prices. Using data from I/B/E/S and Economatica covering the period from 1995 through 2002, we find that forecast revisions that follow the...

Objective: To investigate whether companies that donate to winning electoral campaigns are more aggressive in terms of tax planning than companies that do not make these contributions. The relationship between politicians and companies may be signaled by political connections in which companies...

Portuguese Abstract: O presente estudo visa discorrer sobre a necessidade da transparência do beneficiário efetivo das empresas e arranjos legais e sua importância no combate à corrupção e aos abusos fiscais. Discute- -se o conceito de beneficiário efetivo e o risco de opacidade e...

The article aims to appreciate the U.S. tax reforms, especially in topics related to international taxation, emphasizing the analysis of their potential incompatibility with the World Trade Organization (WTO) law. It will be discussed in the U.S. international tax environment before the U.S. tax...

This study is designed to verify the strategic types and the relationship between prospector and defender companies and tax aggressiveness for Brazilian companies listed on the B3. To identify the type, following concepts from Miles and Snow (1978, 2003), we use five years of data. Excluding...

This research investigates Brazil's cooperative health plan operators (CHPOs) from the perspective of continuity in terms of liquidity ratios. The principle of continuity presupposes the going concern basis of the entity where liquidity is a critical issue. A detailed study of CHPO's financial...

This paper investigates whether the degree of tax aggressiveness is a determinant of accounting conservatism. The taxable income has a dependent relationship with the accounting income in the Brazilian corporate income tax system. One way to reduce the corporate tax base is to adopt conservative...

This study evaluates taxpayer morale through the perception of accounting professionals, specifically whether there is an impact from i) penalties, ii) tax audit probability, iii) rewards, and iv) tax amnesties. A perception survey with accountants is more reliable than with the taxpayers...