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International literature which investigates the incentives and determinants of public companies delisting is consolidated and in most cases investigates the North American environment, as opposed to the Brazilian literature where this subject is poorly investigated. This paper aims to analyze the effects of the delisting on incentives for earnings management practices of Brazilian companies, taking into account the reasons disclosed by companies. The sample is composed by Brazilian companies listed on BM&FBOVESPA which they delisted their stocks between 2000 and 2012, according to reasons disclosed (merger and acquisitions process or volunteer) in each delisting event disclosed on Bovespa's website. We used two metrics of earnings management to capture different incentives, discretionary accruals and income smoothing using models developed by KS (1995) and Eckel (1981), respectively. To increase the robustness of our results we developed two samples of firms that were used to control the effects of delisting, called matched samples, the first consisting of comparable companies (companies in the same industry and similar size of total assets) and the second sample using all public companies. Evidence indicates that, in general, delisting influence the practices of earnings management, however, not necessarily due to delisting reasons (voluntary or merger and acquisition process). However, there are weak evidence that firm size, debt and ownership structure influence earnings management. These results contribute to regulators, analysts, practitioners and investors in monitoring the activities of companies and the executives' accounting choices of executives.

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O presente trabalho objetivou evidenciar, sob a perspectiva dos gestores, qual a relevância atribuída frente a o efetivo desempenho das ferramentas de custos em hotéis e pousadas localizados na cidade de Guarapari-ES. Para isso, foram abordados 41 gestores de hotéis e pousadas desta cidade, que responderam a um questionário com perguntas que objetivaram avaliar a percepção de importância atribuída e o efetivo conhecimento de ferramentas e atributos da contabilidade de custos na gestão do empreendimento que atuam. As respostas foram tratadas de maneira quantitativa e submetidas à matriz de importância-desempenho de Slack (1994; 2002). Os resultados evidenciam que a média geral de todas as respostas se encontra numa situação considerada adequada para os padrões da matriz, indicando que necessitam de manutenção para permanência nesta posição. Dessa forma, demonstram que o nível de relevância atribuída às ferramentas da contabilidade de custos é similar ao nível de desempenho, ou seja, de utilização.

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