THE INFLUENCE OF THE VARIATION IN THE RESULTS ON THE READABILITY OF THE MANAGEMENT REPORT IN THE PERIOD OF THE COVID-19 PANDEMIC

Abstract

The Covid-19 pandemic, which began at the end of 2019, significantly affected the world economy, causing numerous consequences on the financial performance of companies and consequently on the quality of the information disclosed.  In this scenario of uncertainties and economic volatility, this study sought to analyze the Influence of the Variation of Results on the Readability of Management Reports (Ras) in the Covid-19 Pandemic Period, having as a sample 67 companies present in the Bovespa Index, analyzing the readability of their Management Reports and the variation of the results for the years 2019,  2020 and 2021. The results showed that, on average, companies with a negative variation in their results during the pandemic period made it difficult to understand their RAs, reducing the readability of the information, showing that there is a significant influence of the variation in the results on the readability of the RAs. For future studies, it is suggested to use a larger sample and to deal with other methodologies, for more in-depth conclusions.