Disclosure and representation of transactions with related parties of companies listed on B3: a look at corporate governance
DOI:
https://doi.org/10.21680/2176-9036.2026v18n1ID42512Palavras-chave:
Related parties. CPC 05 (R1). IAS 24. Accounting Disclosure. Corporate Governance.Resumo
Purpose: Analyze the level of disclosure and representativeness, understood as the degree to which transactions with related parties are treated, monitored and disclosed in corporate governance practices, considering aspects such as the detail required by CPC 05 (R1) and IAS 24, of the companies involved in B3.
Methodology: Two checklists were developed to analyze related-party transactions (RPTs) and corporate governance. The sample analyzed consisted of 315 companies that had RTPs in 2022.
Results: The results demonstrated that companies with better corporate governance practices presented greater detail and representativeness in the disclosure of TPR, with greater adherence to the requirements of CPC 05 (R1) and IAS 24, evidencing compliance with additional requirements related to transparency and comparability of information.
Contributions of the Study: The analysis revealed a positive and statistically significant correlation between the level of corporate governance and the level of disclosure and representativeness of TPR, indicating that companies with more robust governance structures tend to present more complete and detailed disclosures, in compliance with applicable standards.
Downloads
Referências
Baer, M. H. (2009). Governing corporate compliance. Boston College Law Review. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1474291
Beerbaum, D. O., & Piechocki, M. (2018, maio). Related party transactions – Empirical study based on IFRS and SEC disclosures. ResearchGate. http://dx.doi.org/10.2139/ssrn.2665015
Beerbaum, D. O. (2017, setembro). Benchmarking and best-practice analysis in financial accounting – The case of related party disclosures. SSRN Electronic Journal. https://www.researchgate.net/publication/325181688
Campos, G. M., Moreira, R. L., & Scalzer, R. S. (2014). Financial reporting: Reflection on transparency in the third sector [Evidenciação contábil: Reflexão sobre transparência no terceiro setor]. Sociedade, Contabilidade e Gestão, 9(3), 65-87.
Canaj, K., Nimani, A., Canaj, B., & Spahija, D. (2022). Management and internationalization of research strategies in higher education institutions as a basis of economic well-being. Corporate & Business Strategy Review, 3(2), Edição Especial. https://doi.org/10.22495/cbsrv3i2siart3
Castro, F. M. (2017). Disclosure on related parties: a study on the disclosure of Brazilian companies listed on BM&FBOVESPA regarding CPC 05 (R1) [Bachelor's thesis, University of Rio Verde]. University of Rio Verde. https://www.unirv.edu.br
Cardoso, R. L., Mendonça Neto, O. R., & Riccio, E. L. (2004). Recent developments in the transparency of risk factors in accounting information: An analysis of Brazilian telecommunications companies. Mackenzie Management Journal, 5(2), 14-35. https://doi.org/10.1590/1678-69712004/administracao.v5n2p14-35
Corlaciou, A., & Tudor, A. T. (2011). Related party transactions – Overview. Annales Universitatis Apulensis Series Oeconomica, 13(2), 89-102.
CPC - Accounting Pronouncements Committee. (2019). Technical Pronouncement CPC 00 (R2): conceptual framework for financial reporting. Brasília, DF: CPC. http://www.cpc.org.br/CPC
CPC - Accounting Pronouncements Committee. (2010). Technical Pronouncement CPC 05 (R1): disclosure on related parties. Brasília, DF: CPC. http://www.cpc.org.br/CPC
Dalmácio, F. Z., & Paulo, F. F. M. (2004). Accounting disclosure: Publication of social, environmental, economic, and financial aspects in financial statements. Brazilian Business Review, 1(2), 45-60. http://www.redalyc.org/articulo.oa?id=123017745001
Dantas, J. A., Souza, G. G., & Bahia, R. G. V. (2022). Impact of related party transactions on auditing. Society, Accounting, and Management, 7(2), 123-140. https://doi.org/10.21446/scg_ufrj.v0i0.52397
Eisenhardt, K. M. (2015). Agency theory: An evaluation and review. Corporate Governance Journal, 2(1), 34-56. https://doi.org/10.21434/IberoamericanJCG.v2i1.14
Estadão Economia. (2023, June 14). Americanas: understand the accusations and who is involved in the crisis at the company. Estadão Economia. https://www.estadao.com.br/economia/americanas-entenda-acusacoes-quem-sao-envolvidos-irregularidades-diretoria-antiga-nprei/
Gerhardt, T. E., & Silveira, D. T. (2009). Research methods. Universidade Federal do Rio Grande do Sul. https://lume.ufrgs.br/handle/10183/52806
Gil, A. C. (2018). Social research methods and techniques (7ª ed.). Atlas.
Góis, A. D., & Soares, S. V. (2019). The effect of corporate reputation, according to accounting transparency, on the management of results of companies listed on B3. Journal of Accounting Education and Research, 13(2), 23-40. http://dx.doi.org/10.17524/repec.v13i2.2229
Ho, C. K. (2005). Corporate governance and corporate competitiveness: An international analysis. Corporate Governance and Corporate Competitiveness, 13(2), 101-120. https://doi.org/10.1111/j.1467-8683.2005.00419.x
IBGC - Instituto Brasileiro de Governança Corporativa. (2023). Código das melhores práticas de governança corporativa (6ª ed.). IBGC.
Ismal, M. D., Kathim, A. M., & Al-Kanani, M. M. (2023). Corporate governance and its impact on the efficiency of internal control on non-profit government institutions: An exploratory study. International Journal of Professional Business Review, 8(1), 55-70. https://doi.org/10.26668/businessreview/2023.v8i1.1155
Lethbridge, E. (2017). Corporate governance. Revista do BNDES, 4(8), 65-80. https://web.bndes.gov.br/bib/jspui/handle/1408/13435
Magalhães, R. L. R., Pinheiro, L. E. T., & Lamounier, W. M. (2011). Factors that favor understanding the extent of disclosure about related parties – Study of companies listed on the BM&FBovespa Novo Mercado. Society, Accounting, and Management, 6 (Especial), 101-120.
Manaligod, G. T. (2012). Related party transactions. American International Journal of Contemporary Research, 5(5), 45-59.
Manzato, A. J., & Santos, A. S. (2012). The development of questionnaires in quantitative research. Universidade Estadual Paulista. https://www.inf.ufsc.br/~vera.carmo/Ensino_2012_1/ELABORACAO_QUESTIONARIOS_PESQUISA_QUANTITATIVA.pdf
Mendonça, J. C. G. (2023). Related party transaction as a tool for income smoothing. In the 13th UFSC Controllership and Finance Congress. Anais. Florianópolis: UFSC.
Nunes, G. C., Nascimento, M. C. D., & Luz, M. A. C. A. (2016). Scientific research: Basic concepts. In on Line Multidisciplinary and Psychology Journal. https://idonline.emnuvens.com.br/id/article/view/390/527
Przendsiuk, V. A. R. (2015). Corporate governance and related party transactions Bachelor's thesis, University Center of Brasília. Centro Universitário de Brasília. https://repositorio.uniceub.br/jspui/bitstream/235/7195/1/Monografia%20da%20aluna.pdf
Ribeiro, J. E., & Souza, A. A. (2022). 20 years of corporate governance in Brazil. In 22° USP International Conference in Accounting. Anais. São Paulo: USP.
Santos, A., Iudícibus, S., Martins, E., & Gelbcke, E. R. (2022). Corporate accounting manual: Applicable to all companies in accordance with international standards and CPC standards (4ª ed.). Atlas.
Silveira, A. M., Prado, V. M., & Sasso, R. (2008). Transactions with the related parties: Legal strategies and relationship with corporate governance and company value in Brazil. Social Science Research Network. https://ssrn.com/abstract=1307738
Souza, M. M. (2011). Impairment of assets: explanatory factors for the level of disclosure by Brazilian publicly traded companies. Master's thesis, Graduate Program in Accounting. Graduate Program in Accounting.
Souza, M. M., & Borba, J. A. (2017). Value relevance of the level of disclosure of business combinations and recognized goodwill in Brazilian publicly traded companies. Accounting and Finance Magazine , 28(73), 77-92. https://www.revistas.usp.br/rcf/article/view/
Downloads
Publicado
Como Citar
Edição
Seção
Licença
Copyright (c) 2026 REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte - ISSN 2176-9036
Este trabalho está licenciado sob uma licença Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Autores que publicam nesta revista concordam com os seguintes termos:
Os autores mantêm os direitos autorais e concedem à revista o direito de primeira publicação, com o trabalho simultaneamente licenciado sob a Licença Creative Comomns Attribution que permite o compartilhamento do trabalho com reconhecimento da autoria e publicação inicial nesta revista.
Os autores têm autorização para assumir contratos adicionais separadamente, para distribuição não-exclusiva da versão do trabalho publicada nesta revista (ex.: publicar em repositório institucional ou como capítulo de livro), com reconhecimento de autoria e publicação inicial nesta revista.
Os autores têm permissão e são estimulados a publicar e distribuir seu trabalho online (ex.: em repositórios institucionais ou na sua página pessoal) a qualquer ponto antes ou durante o processo editorial, já que isso pode gerar alterações produtivas, bem como aumentar o impacto e a citação do trabalho publicado.
A Revista Ambiente Contábil utiliza uma licença Creative Commons CC-BY-NC-ND (Atribuição-NãoComercial – SemDerivações 4.0). Isso significa que os artigos podem ser compartilhados e que a Revista Ambiente Contábil não pode revogar estes direitos desde que se respeitem os termos da licença:
Atribuição: Deve-se dar o crédito apropriado, prover um link para a licença e indicar se mudanças foram feitas.
Não Comercial: Não se pode usar o material para fins comerciais.
Sem Derivações: Se for remixar, transformar ou criar a partir do material, não se pode distribuir o material modificado.
Creative Commons - Atribuição-NãoComercial-SemDerivações 4.0 Internacional
Português (Brasil)
English
Español (España)
