其他摘要：The aim of this study was to examine the relationship among corporate social responsibility(CSR),earnings management(EM)and the performance of entities. The sample was composed by 227 public companies listed for trading on the BM&FBovespa between 2009 and 2011. The CSRwas measured by Global Reporting Initiative (GRI) as a categorical variable that indicated if the entities disclose information on CSR to GRI or not. The Jones Model and its variations were used to measure EM by means of discretionary accruals (DA). The performance was measured by the return on assets (ROA). In order to verify the influence of CSR and ROA, the CSR was measured by using the added value created and the distribution to government and employees, which extracted from the statement of value added (DVA), besides the voluntary disclosure of CSRto GRI.We find that presenting environmental information to the GRI does not influence the performance of the entities, either EM. Wenote thatthe DVAis an important information tool, both indicating theperformance of companies and of EM. The main results indicate that firms with a higher ROA have higher added value, distributingtheir generated wealth more to the government and lessto employees. With respect to EM, the larger companies perform less.
其他关键词：Global Reporting Initiative; Accounting Choices; Wealth Generation; Earnings Management; Statement of value added.
