Habilidade gerencial e gerenciamento de resultados contábeis.

The study aims to verify the relationship between the managerial ability of managers and the level of earnings management by accruals (AEM) and by real activities (REM) in Brazilian companies. Data from 2013 to 2018, corresponding to 228 non-financial companies, were analyzed through regression TOBIT. The results support a positive relationship between managerial ability and earnings management practices by accruals and real activities. Specifically, more skilled managers are associated with earnings management, which reduces the quality of accounting information. The findings support the premise that more skilled managers manage financial reporting to camouflage compensation, privileges, and excessive investment in risky projects. Furthermore, it sheds light on how individual idiosyncratic differences can affect accounting reports. [ABSTRACT FROM AUTHOR]