USE OF GUIDANCE FOR THE CONCESSIONARIES COMPANIES OF NATURAL GAS DISTRIBUTION IN BRAZIL

Abstract

The use of guidance, the description applied to the disclosure of future results, emerges as an important step to improve transparency and company reputation. This study analyzes the use of guidance as a tool of disclosure of forecasts of the concessionaries companies of natural gas distribution in Brazil and its benefits to stakeholders. The exploratory research uses bibliographic and documentary procedures and a semi-structured questionnaire. The results show an absence of practical guidance, or interest of companies to adopt it in the near future, contrary to what provides the Stakeholder Theory, although they identified more advantages than disadvantages in the use of the instrument. Based on the provisions of regulators, it is suggested a structure content guidance more comprehensive for the companies investigated, containing predictions of service quality, in addition to traditional financial quantities.