Effects of contingencial aspects on the level of internal control adopted by banking institutions listed in Brazil, Bolsa, Balcão (B3)

Detalhes bibliográficos
Autor(a) principal: Pereira, Mércia de Lima
Data de Publicação: 2022
Outros Autores: Celestino, Égon José Mateus, Câmara, Renata de Paes de Barros
Tipo de documento: Artigo
Idioma: por
eng
Título da fonte: Revista Catarinense da Ciência Contábil (Online)
Texto Completo: https://revista.crcsc.org.br/index.php/CRCSC/article/view/3324
Resumo: The purpose of this article was to verify how contingency aspects affect the level of internal control adopted by 19 banking institutions listed on B3, from 2013 to 2021; which resulted in 171 observations per variable. The data on the level of internal control (dependent variable) were constructed based on the internal mechanisms viewed from the point of view of good Corporate Governance practices of the Brazilian Institute of Corporate Governance (IBGC), being the same obtained in the Reference Forms of the companies, via the B3 website. On the other hand, data on organizational (or contingency) aspects, independent variables, size, age of the organization, diversification of credit products, corporate structure and geographic expansion, were obtained from the Economatica® database, in the registration and Reference Forms and in the Explanatory Notes of banking companies, available on the B3 website. From the multiple regression estimation for panel data, through the Generalized Least Squares (GLS) model, it was observed that age and geographic expansion are not significant to explain the level of internal control, but the size, diversification of credit products and the corporate structure of banking institutions are. However, only the corporate structure is significantly negative. Thus, these results demonstrate that the size and diversification of credit products make banking activities complex and voluminous, justifying the search for more internal controls, but also point out that the different geographical and cultural contexts of banking units can compromise the adoption of managerial controls.
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spelling Effects of contingencial aspects on the level of internal control adopted by banking institutions listed in Brazil, Bolsa, Balcão (B3)Efeitos de aspectos contingenciais no nível de controle interno adotado por instituições bancárias listadas na Brasil, Bolsa, Balcão (B3)Contingency aspectsInternal control levelBanking institutionsB3Aspectos contingenciaisNível de controle internoInstituições bancáriasB3The purpose of this article was to verify how contingency aspects affect the level of internal control adopted by 19 banking institutions listed on B3, from 2013 to 2021; which resulted in 171 observations per variable. The data on the level of internal control (dependent variable) were constructed based on the internal mechanisms viewed from the point of view of good Corporate Governance practices of the Brazilian Institute of Corporate Governance (IBGC), being the same obtained in the Reference Forms of the companies, via the B3 website. On the other hand, data on organizational (or contingency) aspects, independent variables, size, age of the organization, diversification of credit products, corporate structure and geographic expansion, were obtained from the Economatica® database, in the registration and Reference Forms and in the Explanatory Notes of banking companies, available on the B3 website. From the multiple regression estimation for panel data, through the Generalized Least Squares (GLS) model, it was observed that age and geographic expansion are not significant to explain the level of internal control, but the size, diversification of credit products and the corporate structure of banking institutions are. However, only the corporate structure is significantly negative. Thus, these results demonstrate that the size and diversification of credit products make banking activities complex and voluminous, justifying the search for more internal controls, but also point out that the different geographical and cultural contexts of banking units can compromise the adoption of managerial controls.O objetivo deste artigo foi verificar como os aspectos contingenciais afetam o nível de controle interno adotado por 19 instituições bancárias listadas na B3, no período de 2013 a 2021; o que resultou em 171 observações por variável. Os dados sobre o nível de controle interno (variável dependente) foram construídos com base nos mecanismos internos visualizados sob o prisma das boas práticas de Governança Corporativa do Instituto Brasileiro de Governança Corporativa (IBGC), sendo os mesmos obtidos nos Formulários de Referências das companhias, via site da B3. Já os dados dos aspectos organizacionais (ou contingenciais), variáveis independentes, tamanho, idade da organização, diversificação de produtos de crédito, estrutura societária e expansão geográfica, foram obtidas no banco de dados Economatica®, nos Formulários cadastrais, de Referência e nas Notas Explicativas das companhias bancárias, disponíveis no site da B3. A partir da estimação de regressão múltipla para dados em painel, por meio do modelo de Mínimos Quadrados Generalizados (generalized least square - GLS), observou-se que a idade e a expansão geográfica não são significativas para explicar o nível de controle interno, mas o tamanho, a diversificação de produtos de crédito e a estrutura societária das instituições bancárias são. Porém, somente a estrutura societária é significativamente negativa. Assim, estes resultados demonstram que o tamanho e a diversificação de produtos de crédito tornam complexas e volumosas as atividades bancárias, justificando a busca por mais controles internos, mas também aponta que os diferentes contextos geográficos e culturais das unidades bancárias podem comprometer a adoção de controles gerenciais.Conselho Regional de Contabilidade de Santa Catarina2022-12-22info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/pdfapplication/ziptext/xmlhttps://revista.crcsc.org.br/index.php/CRCSC/article/view/332410.16930/2237-766220223324Revista Catarinense da Ciência Contábil; v. 21 (2022): RCCC; e33242237-76621808-378110.16930/2237-76622022reponame:Revista Catarinense da Ciência Contábil (Online)instname:Conselho Regional de Contabilidade de Santa Catarina (CRCSC)instacron:CRCSCporenghttps://revista.crcsc.org.br/index.php/CRCSC/article/view/3324/2471https://revista.crcsc.org.br/index.php/CRCSC/article/view/3324/2472https://revista.crcsc.org.br/index.php/CRCSC/article/view/3324/2479https://revista.crcsc.org.br/index.php/CRCSC/article/view/3324/248010.16930/2237-766220223324110.16930/2237-7662202233242Copyright (c) 2022 Revista Catarinense da Ciência Contábilhttps://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessPereira, Mércia de LimaCelestino, Égon José Mateus Câmara, Renata de Paes de Barros 2022-12-22T11:02:34Zoai:ojs.pkp.sfu.ca:article/3324Revistahttp://www.atena.org.br/revista/ojs-2.2.3-06/index.php/crcscPRIhttp://revista.crcsc.org.br/revista/ojs-2.2.3-06/index.php/CRCSC/oai||revista@crcsc.org.br2237-76621808-3781opendoar:2022-12-22T11:02:34Revista Catarinense da Ciência Contábil (Online) - Conselho Regional de Contabilidade de Santa Catarina (CRCSC)false
dc.title.none.fl_str_mv Effects of contingencial aspects on the level of internal control adopted by banking institutions listed in Brazil, Bolsa, Balcão (B3)
Efeitos de aspectos contingenciais no nível de controle interno adotado por instituições bancárias listadas na Brasil, Bolsa, Balcão (B3)
title Effects of contingencial aspects on the level of internal control adopted by banking institutions listed in Brazil, Bolsa, Balcão (B3)
spellingShingle Effects of contingencial aspects on the level of internal control adopted by banking institutions listed in Brazil, Bolsa, Balcão (B3)
Pereira, Mércia de Lima
Contingency aspects
Internal control level
Banking institutions
B3
Aspectos contingenciais
Nível de controle interno
Instituições bancárias
B3
title_short Effects of contingencial aspects on the level of internal control adopted by banking institutions listed in Brazil, Bolsa, Balcão (B3)
title_full Effects of contingencial aspects on the level of internal control adopted by banking institutions listed in Brazil, Bolsa, Balcão (B3)
title_fullStr Effects of contingencial aspects on the level of internal control adopted by banking institutions listed in Brazil, Bolsa, Balcão (B3)
title_full_unstemmed Effects of contingencial aspects on the level of internal control adopted by banking institutions listed in Brazil, Bolsa, Balcão (B3)
title_sort Effects of contingencial aspects on the level of internal control adopted by banking institutions listed in Brazil, Bolsa, Balcão (B3)
author Pereira, Mércia de Lima
author_facet Pereira, Mércia de Lima
Celestino, Égon José Mateus
Câmara, Renata de Paes de Barros
author_role author
author2 Celestino, Égon José Mateus
Câmara, Renata de Paes de Barros
author2_role author
author
dc.contributor.author.fl_str_mv Pereira, Mércia de Lima
Celestino, Égon José Mateus
Câmara, Renata de Paes de Barros
dc.subject.por.fl_str_mv Contingency aspects
Internal control level
Banking institutions
B3
Aspectos contingenciais
Nível de controle interno
Instituições bancárias
B3
topic Contingency aspects
Internal control level
Banking institutions
B3
Aspectos contingenciais
Nível de controle interno
Instituições bancárias
B3
description The purpose of this article was to verify how contingency aspects affect the level of internal control adopted by 19 banking institutions listed on B3, from 2013 to 2021; which resulted in 171 observations per variable. The data on the level of internal control (dependent variable) were constructed based on the internal mechanisms viewed from the point of view of good Corporate Governance practices of the Brazilian Institute of Corporate Governance (IBGC), being the same obtained in the Reference Forms of the companies, via the B3 website. On the other hand, data on organizational (or contingency) aspects, independent variables, size, age of the organization, diversification of credit products, corporate structure and geographic expansion, were obtained from the Economatica® database, in the registration and Reference Forms and in the Explanatory Notes of banking companies, available on the B3 website. From the multiple regression estimation for panel data, through the Generalized Least Squares (GLS) model, it was observed that age and geographic expansion are not significant to explain the level of internal control, but the size, diversification of credit products and the corporate structure of banking institutions are. However, only the corporate structure is significantly negative. Thus, these results demonstrate that the size and diversification of credit products make banking activities complex and voluminous, justifying the search for more internal controls, but also point out that the different geographical and cultural contexts of banking units can compromise the adoption of managerial controls.
publishDate 2022
dc.date.none.fl_str_mv 2022-12-22
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url https://revista.crcsc.org.br/index.php/CRCSC/article/view/3324
identifier_str_mv 10.16930/2237-766220223324
dc.language.iso.fl_str_mv por
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dc.relation.none.fl_str_mv https://revista.crcsc.org.br/index.php/CRCSC/article/view/3324/2471
https://revista.crcsc.org.br/index.php/CRCSC/article/view/3324/2472
https://revista.crcsc.org.br/index.php/CRCSC/article/view/3324/2479
https://revista.crcsc.org.br/index.php/CRCSC/article/view/3324/2480
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dc.rights.driver.fl_str_mv Copyright (c) 2022 Revista Catarinense da Ciência Contábil
https://creativecommons.org/licenses/by/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2022 Revista Catarinense da Ciência Contábil
https://creativecommons.org/licenses/by/4.0
eu_rights_str_mv openAccess
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dc.publisher.none.fl_str_mv Conselho Regional de Contabilidade de Santa Catarina
publisher.none.fl_str_mv Conselho Regional de Contabilidade de Santa Catarina
dc.source.none.fl_str_mv Revista Catarinense da Ciência Contábil; v. 21 (2022): RCCC; e3324
2237-7662
1808-3781
10.16930/2237-76622022
reponame:Revista Catarinense da Ciência Contábil (Online)
instname:Conselho Regional de Contabilidade de Santa Catarina (CRCSC)
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reponame_str Revista Catarinense da Ciência Contábil (Online)
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repository.name.fl_str_mv Revista Catarinense da Ciência Contábil (Online) - Conselho Regional de Contabilidade de Santa Catarina (CRCSC)
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