Title: Impression management using graphical resources in Brazilian company reports

Authors: Keylla Dennyse Celestino Da Silva; Fernanda Fernandes Rodrigues; César Augusto Tibúrcio Silva

Addresses: Accounting Department, College of Administration and Economics, Centro Universitário Estácio de Brasília, Brasília, Brazil ' Faculty of Administration, Accounting and Economics, Universidade Federal de Goiás, Goiânia, Brazil ' Accounting Department, Universidade de Brasília, Brasília, Brazil

Abstract: The aim of this study is to investigate the evidence of impression management in terms of selectivity or improved presentation in the graphs and charts used by companies. The reports of 180 Brazilian companies between 1997 and 2014 were analysed. The variables tested were: company size, profitability, age, variation in results, report size and publication period. The results indicated that there is a significantly positive relationship between financial performance and the total amount of graphs and charts, in particular those with key financial information (net income, net revenue and dividends) and those with improved or enhanced presentation. This is a sign of impression management in the reports analysed. It was verified a relationship between the company's age and the low amount of graphs and charts used by the company during the initial years of the analysis period to disclose financial information in their reports.

Keywords: management report; impression management; graphical resources; selectivity; improved presentation; enhancement; Brazil; key financial information; financial performance; manipulation.

DOI: 10.1504/IJAF.2019.101316

International Journal of Accounting and Finance, 2019 Vol.9 No.1, pp.1 - 27

Received: 26 Dec 2017
Accepted: 05 Sep 2018

Published online: 25 Jul 2019 *

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