Características determinantes da legibilidade das notas explicativas de empresas brasileiras

• DOI: 10.22533/at.ed.9681926045

• Palavras-chave: Evidenciação; Notas Explicativas; Legibilidade

• Keywords: Disclosure; Notes; Readability

• Abstract:

  This work is aimed at investigating

  the characteristics of Brazilian public-held

  companies that contribute to the readability of

  notes to the financial statements. This is an

  exploratory study with quantitative approach,

  carried out from standard financial statements

  annually divulged by the companies participating

  in the IBrX 50, between 2010 and 2016. To

  measure readability, the Flesch Readability

  Formula was adopted. Data were analyzed

  through multiple linear regression. The results

  highlight that, even though the companies

  studied are the largest ones, with better levels

  of corporative governance and they are audited

  by renowned auditing firms, their notes to the

  financial statements have low readability.

  This research contributes to highlight a need

  for greater zeal in the chain involved with the

  presentation and disclosure of accounting

  information, whether it is mandatory or not. The analysis of the notes’ low readability

  draws attention to the importance of actions performed by the accounting regulators

  and operators, in order to provide an enhancement of the information delivered to

  users.

• Número de páginas: 15