Disclosure of financial instruments according to International Accounting Standards: empirical evidence from Brazilian companies

Detalhes bibliográficos
Autor(a) principal: Malaquias, Rodrigo Fernandes
Data de Publicação: 2013
Outros Autores: Lemes, Sirlei
Tipo de documento: Artigo
Idioma: eng
por
Título da fonte: BBR. Brazilian Business Review (English edition. Online)
Texto Completo: http://www.bbronline.com.br/index.php/bbr/article/view/205
Resumo: This article analyzes the level of disclosure of financial instruments in the financial statements of Brazilian companies in light of the requirements of the International Accounting Standards Board (IASB). We examined the annual reports of a sample of 24 nonfinancial firms provided to the Brazilian and the American capital markets for the years from 2002 to 2006. The main results are that the reports to the Brazilian market have an average disclosure level that it statistically inferior to the level of the reports released to the American market, and firms in regulated sectors, firms with a longer history of issuing ADRs and larger firms show higher levels of disclosure.
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spelling Disclosure of financial instruments according to International Accounting Standards: empirical evidence from Brazilian companiesDisclosure de instrumentos financeiros segundo as normas internacionais de contabilidade: evidências empíricas de empresas brasileirasDisclosureIFRS 7financial instrumentsDisclosureIFRS 7instrumentos financeirosThis article analyzes the level of disclosure of financial instruments in the financial statements of Brazilian companies in light of the requirements of the International Accounting Standards Board (IASB). We examined the annual reports of a sample of 24 nonfinancial firms provided to the Brazilian and the American capital markets for the years from 2002 to 2006. The main results are that the reports to the Brazilian market have an average disclosure level that it statistically inferior to the level of the reports released to the American market, and firms in regulated sectors, firms with a longer history of issuing ADRs and larger firms show higher levels of disclosure.Este trabalho foi desenvolvido com o objetivo geral de analisar o nível de disclosure das demonstrações financeiras de empresas brasileiras em relação aos requerimentos dispostos pelo IASB (International Accounting Standards Board) para evidenciação de instrumentos financeiros. Foram pesquisados os relatórios contábeis anuais que tais empresas forneceram a dois diferentes mercados de capitais: o brasileiro e o norte-americano. Com base em uma amostra de 24 empresas não financeiras para o período que compreende os exercícios contábeis de 2002 a 2006, os principais resultados mostraram que os relatórios fornecidos para o mercado brasileiro possuem um nível de evidenciação com média estatisticamente inferior ao dos relatórios fornecidos ao mercado norte-americano. Além disso, empresas de setores regulamentados, empresas com maior tempo na emissão de ADRs e empresas maiores apresentaram melhores níveis de evidenciação.FUCAPE Business Shool2013-07-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionPeer-reviewed ArticleArtigo revisado pelos paresapplication/pdfapplication/pdfhttp://www.bbronline.com.br/index.php/bbr/article/view/20510.15728/bbr.2013.10.3.4Brazilian Business Review; Vol. 10 No. 3 (2013): July to September 2013; 82-107Brazilian Business Review; v. 10 n. 3 (2013): Julho a Setembro de 2013; 82-1071808-23861807-734Xreponame:BBR. Brazilian Business Review (English edition. Online)instname:Fucape Business School (FBS)instacron:FBSengporhttp://www.bbronline.com.br/index.php/bbr/article/view/205/312http://www.bbronline.com.br/index.php/bbr/article/view/205/313Malaquias, Rodrigo FernandesLemes, Sirleiinfo:eu-repo/semantics/openAccess2018-11-06T19:51:51Zoai:ojs.pkp.sfu.ca:article/205Revistahttps://www.bbronline.com.br/index.php/bbr/indexONGhttp://www.bbronline.com.br/index.php/bbr/oai|| bbronline@bbronline.com.br1808-23861808-2386opendoar:2018-11-06T19:51:51BBR. Brazilian Business Review (English edition. Online) - Fucape Business School (FBS)false
dc.title.none.fl_str_mv Disclosure of financial instruments according to International Accounting Standards: empirical evidence from Brazilian companies
Disclosure de instrumentos financeiros segundo as normas internacionais de contabilidade: evidências empíricas de empresas brasileiras
title Disclosure of financial instruments according to International Accounting Standards: empirical evidence from Brazilian companies
spellingShingle Disclosure of financial instruments according to International Accounting Standards: empirical evidence from Brazilian companies
Malaquias, Rodrigo Fernandes
Disclosure
IFRS 7
financial instruments
Disclosure
IFRS 7
instrumentos financeiros
title_short Disclosure of financial instruments according to International Accounting Standards: empirical evidence from Brazilian companies
title_full Disclosure of financial instruments according to International Accounting Standards: empirical evidence from Brazilian companies
title_fullStr Disclosure of financial instruments according to International Accounting Standards: empirical evidence from Brazilian companies
title_full_unstemmed Disclosure of financial instruments according to International Accounting Standards: empirical evidence from Brazilian companies
title_sort Disclosure of financial instruments according to International Accounting Standards: empirical evidence from Brazilian companies
author Malaquias, Rodrigo Fernandes
author_facet Malaquias, Rodrigo Fernandes
Lemes, Sirlei
author_role author
author2 Lemes, Sirlei
author2_role author
dc.contributor.author.fl_str_mv Malaquias, Rodrigo Fernandes
Lemes, Sirlei
dc.subject.por.fl_str_mv Disclosure
IFRS 7
financial instruments
Disclosure
IFRS 7
instrumentos financeiros
topic Disclosure
IFRS 7
financial instruments
Disclosure
IFRS 7
instrumentos financeiros
description This article analyzes the level of disclosure of financial instruments in the financial statements of Brazilian companies in light of the requirements of the International Accounting Standards Board (IASB). We examined the annual reports of a sample of 24 nonfinancial firms provided to the Brazilian and the American capital markets for the years from 2002 to 2006. The main results are that the reports to the Brazilian market have an average disclosure level that it statistically inferior to the level of the reports released to the American market, and firms in regulated sectors, firms with a longer history of issuing ADRs and larger firms show higher levels of disclosure.
publishDate 2013
dc.date.none.fl_str_mv 2013-07-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
Artigo revisado pelos pares
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://www.bbronline.com.br/index.php/bbr/article/view/205
10.15728/bbr.2013.10.3.4
url http://www.bbronline.com.br/index.php/bbr/article/view/205
identifier_str_mv 10.15728/bbr.2013.10.3.4
dc.language.iso.fl_str_mv eng
por
language eng
por
dc.relation.none.fl_str_mv http://www.bbronline.com.br/index.php/bbr/article/view/205/312
http://www.bbronline.com.br/index.php/bbr/article/view/205/313
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv FUCAPE Business Shool
publisher.none.fl_str_mv FUCAPE Business Shool
dc.source.none.fl_str_mv Brazilian Business Review; Vol. 10 No. 3 (2013): July to September 2013; 82-107
Brazilian Business Review; v. 10 n. 3 (2013): Julho a Setembro de 2013; 82-107
1808-2386
1807-734X
reponame:BBR. Brazilian Business Review (English edition. Online)
instname:Fucape Business School (FBS)
instacron:FBS
instname_str Fucape Business School (FBS)
instacron_str FBS
institution FBS
reponame_str BBR. Brazilian Business Review (English edition. Online)
collection BBR. Brazilian Business Review (English edition. Online)
repository.name.fl_str_mv BBR. Brazilian Business Review (English edition. Online) - Fucape Business School (FBS)
repository.mail.fl_str_mv || bbronline@bbronline.com.br
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