<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0186-1042</journal-id>
<journal-title><![CDATA[Contaduría y administración]]></journal-title>
<abbrev-journal-title><![CDATA[Contad. Adm]]></abbrev-journal-title>
<issn>0186-1042</issn>
<publisher>
<publisher-name><![CDATA[Universidad Nacional Autónoma de México, Facultad de Contaduría y Administración]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0186-10422018000400002</article-id>
<article-id pub-id-type="doi">10.22201/fca.24488410e.2018.1045</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[Payroll exemption impact on the behavior of costs in BM&amp;FBovespa civil construction sector]]></article-title>
<article-title xml:lang="es"><![CDATA[El impacto de la exoneración de la nómina del comportamiento de costos del sector de la construcción civil de BM&amp;FBovespa]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Souza]]></surname>
<given-names><![CDATA[Flávia Renata de]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Borgert]]></surname>
<given-names><![CDATA[Altair]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Flach]]></surname>
<given-names><![CDATA[Leonardo]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Federal de Santa Catarina  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Brazil</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>09</month>
<year>2018</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>09</month>
<year>2018</year>
</pub-date>
<volume>63</volume>
<numero>3</numero>
<fpage>0</fpage>
<lpage>0</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S0186-10422018000400002&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S0186-10422018000400002&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S0186-10422018000400002&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract Among the various initiatives of the Brazilian Federal Government to overcome the economic crisis, what stands out is the incentive to legalize manual labor. Brazil is one of the countries with the highest incidence of payroll tax on workers. Thus, the objective of this research is to analyze the impact of payroll exemption on the behavior of costs of civil construction companies listed in BM&amp;FBovespa. The hypothesis is that the behavior of costs is statistically different in the periods before and after the exemption of payrolls. As methodological procedures, we used linear regression and a t test to check for differences between the averages of the values before and after the exemption. The data analysis panel identified the sticky behavior of costs over time in the industry. The results obtained do not reject null the hypothesis when observing the behavior of costs based on CPV / RLV and CT / RLV data. Therefore, it is not possible to say that there is a significant difference between the periods before and after the payroll exemption and consequent effective cost reduction.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen Entre las diversas iniciativas del Gobierno Federal de Brasil para superar la crisis económica, se destaca el incentivo para la legalización del trabajo. Brasil es uno de los países con mayor incidencia de los impuestos en la nómina de los trabajadores. Por lo tanto, el objetivo de esta investigación es analizar el impacto de la liberación de los costos de nómina en el comportamiento de las empresas en el sector de la construcción civil en la BM &amp; FBovespa. La hipótesis es que el comportamiento de los costos es estadísticamente diferente en los periodos antes y después de la exoneración de la nómina. Como procedimientos metodológicos, se utilizó la regresión lineal y la prueba T para comprobar si hay diferencias entre los promedios de los valores anteriores y posteriores a la exoneración. El panel de análisis de datos identifica el comportamiento Stiky de los costos con el tiempo en la industria. Los resultados no rechazan la hipótesis nula cuando se observa el comportamiento de los costos basados en los datos CPV/RLV y CT/RLV. Por lo tanto, no es posible decir que hay una diferencia significativa entre los períodos antes y después de la exoneración de la nómina y la consiguiente reducción efectiva de costos.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[Payroll exemption/relief]]></kwd>
<kwd lng="en"><![CDATA[Civil construction]]></kwd>
<kwd lng="en"><![CDATA[Expenditure/cost behavior/performance]]></kwd>
<kwd lng="en"><![CDATA[M41]]></kwd>
<kwd lng="es"><![CDATA[Exoneración de la nómina]]></kwd>
<kwd lng="es"><![CDATA[Construcción civil]]></kwd>
<kwd lng="es"><![CDATA[Comportamiento de cotos]]></kwd>
<kwd lng="es"><![CDATA[M41]]></kwd>
</kwd-group>
</article-meta>
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