LOSS IN THE RECOVERABLE VALUE OF ASSETS: EXPLANTORY FACTORS OF THE LEVEL OF DISCLOSURE IN BRAZILIAN PUBLIC COMPANIES

• Autor(a) principal: Melo de Souza, Maíra
• Data de Publicação: 2015
• Outros Autores: Borba, José Alonso, Wuerges, Artur Filipe, Lunkes, Rogério João
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Revista Universo Contábil
• Texto Completo: https://ojsrevista.furb.br/ojs/index.php/universocontabil/article/view/3872
• topic: Assets. Impairment loss. Disclosure.; Activo. Pérdida por deterioro. Divulgación.; Ativos; Redução no valor recuperável (Impairment loss); Evidenciação (disclosure).

This work aims to identify significant factors that explain the level of disclosure of the loss in the recoverable value of assets in public companies in Brazil. To measure the level of disclosure we calculated an index of disclosure based on five metrics drawn from the disclosure requirements contained in the statement CPC-01. The data for calculating rates were obtained through content analysis in the footnotes and Statement of Income of companies. After calculating the disclosure index (that is the dependent variable in this study), we employed a multiple linear regression model to test six hypotheses formed based on the following independent variables: size, profitability, audit firm, corporate governance, internationalization and debt. The results show that, on average, larger firms audited by Big Four tend to have a higher level of adequacy to the disclosure requirements of the CPC-01, and at the significance level of 10% firms with larger debt index and a differentiated level  of corporate governance, on average, to have a greater level of adequacy to disclosure requirements issued by the CPC-01.