A relevância das demonstrações contábeis na volatilidade do preço das ações

Abstract

Financial statements are a structured representation of an entity's financial position and they are intended to provide information about the entity's financial performance and cash flows so that such information is useful to a large number of classes of users in its evaluations and economic decision-making on resource allocation. Within the capital market, the investor uses the disclosed data to decide whether to buy or sell a share, analyzing some elements that he deems the most important of the statements. In order to verify the relevance of the publication of the financial statements in the stock price volatility, three publicly traded companies, which have their shares sold on the BM&FBOVESPA, were analyzed, and the list of publications and prices were checked.