Determinants of impairment test loss recognition
Autor(a) principal: | |
---|---|
Data de Publicação: | 2020 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | por |
Título da fonte: | Revista Ambiente Contábil |
Texto Completo: | https://periodicos.ufrn.br/ambiente/article/view/19759 |
Resumo: | Purpose: verify which determinants influence the recognition of the Impairment Test (IT) loss recognition in Brazilian companies listed in B3. Methodology: The research was performed with 169 non-financial companies listed in B3, which may or may not have presented information of IT loss, in the analysis period from 2009 up to 2017. To test the hypotheses of this research, the logit model was applied. In order to avoid the outliers problem, which may affect the estimated coefficients, all variables were winsorized in 1% in each side of their distribution. The results, however, with and without winsorization were mantained in order to attest to the consistency of the findings. The standard errors were clusterized, so as to avoid autocorrelation problems in the model’s residual data. Results: It was noticed that the Return on Equity, the Book-to-Market index, Management Change, Big Bath and Property Control were considered influential determinants on IT loss recognition in the companies listed in B3. Contributions of the Study: The study brings forth practical justifications for IT appliability, offering importante accounting information for managers, investors, accounting professional, policy and rule makers. From a theoretical point of view it contibutes to the literature on determinant factors for IT loss of actives. |
id |
UFRN-3_603fafd3dbb522bdbc1e040cf13af496 |
---|---|
oai_identifier_str |
oai:periodicos.ufrn.br:article/19759 |
network_acronym_str |
UFRN-3 |
network_name_str |
Revista Ambiente Contábil |
repository_id_str |
|
spelling |
Determinants of impairment test loss recognitionDeterminantes del reconocimiento de la pérdida por impaiment testDeterminantes do reconhecimento da perda pelo impaiment testImpairment Test, loss recognition determinants, discretion.Impairment Test, loss recognition determinants, discretion.Impairment Test, determinantes del reconocimiento de la pérdida, discrecionalidadImpairment Test, determinantes do reconhecimento da perda, discricionariedadeImpairment testPurpose: verify which determinants influence the recognition of the Impairment Test (IT) loss recognition in Brazilian companies listed in B3. Methodology: The research was performed with 169 non-financial companies listed in B3, which may or may not have presented information of IT loss, in the analysis period from 2009 up to 2017. To test the hypotheses of this research, the logit model was applied. In order to avoid the outliers problem, which may affect the estimated coefficients, all variables were winsorized in 1% in each side of their distribution. The results, however, with and without winsorization were mantained in order to attest to the consistency of the findings. The standard errors were clusterized, so as to avoid autocorrelation problems in the model’s residual data. Results: It was noticed that the Return on Equity, the Book-to-Market index, Management Change, Big Bath and Property Control were considered influential determinants on IT loss recognition in the companies listed in B3. Contributions of the Study: The study brings forth practical justifications for IT appliability, offering importante accounting information for managers, investors, accounting professional, policy and rule makers. From a theoretical point of view it contibutes to the literature on determinant factors for IT loss of actives.Objetivo: Verificar cuáles son los determinantes que influyen en el reconocimiento de la pérdida por Impaiment Test (IT) en las empresas brasileñas listadas en B3. Metodología: Se realizó la encuesta con 169 empresas no financieras listadas en B3, que presentaron informaciones o no de las pérdidas de IT, en un período de análisis desde 2009 a 2017. Se aplicó el modelo logit para probar las hipótesis de esta investigación. Para evitar el problema de los valores atípicos (outliers), que podrían afectar a los coeficientes estimados, todas las variables se han ganado (winsorizadas) un 1% en cada lado de su distribución. Sin embargo, los resultados de las estimaciones con y sin winsorización se mantuvieron para atestiguar la solidez de los hallazgos. Los errores estándar se agruparon (clusterizados) para evitar problemas de autocorrelación en los residuos del modelo. Resultados: Se encontró que la variación del Retorno sobre el Patrimonio Neto, el índice Book-to-Market, el Cambio de Gestión, el Big Bath y el Control de la Propiedad se consideran los determinantes que influyen en el reconocimiento de la pérdida de IT en las empresas que figuran en B3. Contribuciones del estudio: El estudio aporta justificaciones prácticas sobre la aplicabilidad de las IT, proporcionando informaciones contables importantes a los gestores, inversores, profesionales de la contabilidad, normalizadores y reguladores. Desde un punto de vista teórico, contribuye con la literatura sobre los factores determinantes de la pérdida por IT activo.Objetivo: Verificar quais determinantes influenciam no reconhecimento da perda por Impairment Test (IT) nas empresas brasileiras listadas na B3. Metodologia: A pesquisa foi realizada com 169 empresas não financeiras listadas na B3, que apresentaram informações ou não de perdas no IT, no período de análise de 2009 até 2017. Para testar as hipóteses desta pesquisa foi aplicado o modelo logit. Para evitar o problema de outliers, que poderiam afetar os coeficientes estimados, todas as variáveis foram winsorizadas em 1% em cada lado da sua distribuição. Todavia, os resultados das estimações com e sem winsorização foram mantidos para atestar a robustez dos achados. Os erros padrão foram clusterizados, para evitar problemas de autocorrelação nos resíduos do modelo. Resultados: Constatou-se que a variação Retorno sobre o Patrimônio Líquido, o índice de Book-to-Market, Mudança de Gestão, Big Bath e Controle de Propriedade são considerados os determinantes que influenciam no reconhecimento da perda por IT nas empresas listadas na B3. Contribuições do Estudo: O estudo traz justificativas práticas sobre a aplicabilidade IT, fornecendo informações contábeis importantes para gestores, investidores, profissionais contábeis, normatizadores e reguladores. Do ponto de vista teórico contribui com a literatura acerca dos fatores determinantes da perda por IT de ativo.Portal de Periódicos Eletrônicos da UFRN2020-07-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://periodicos.ufrn.br/ambiente/article/view/1975910.21680/2176-9036.2020v12n2ID19759REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte; Vol. 12 No. 2 (2020): Jul./Dez. ; 112-135REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte; Vol. 12 Núm. 2 (2020): Jul./Dez. ; 112-135REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte - ISSN 2176-9036; v. 12 n. 2 (2020): Jul./Dez. ; 112-1352176-903610.21680/2176-9036.2020v12n2reponame:Revista Ambiente Contábilinstname:Universidade Federal do Rio Grande do Norte (UFRN)instacron:UFRNporhttps://periodicos.ufrn.br/ambiente/article/view/19759/12905Copyright (c) 2020 REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte - ISSN 2176-9036info:eu-repo/semantics/openAccessCastro Pinheiro Alves, Karla RobertaTibúrcio Silva, César Augusto2020-12-17T14:50:36Zoai:periodicos.ufrn.br:article/19759Revistahttps://periodicos.ufrn.br/ambientePUBhttps://periodicos.ufrn.br/ambiente/oai||prof.mauriciocsilva@gmail.com2176-90362176-9036opendoar:2020-12-17T14:50:36Revista Ambiente Contábil - Universidade Federal do Rio Grande do Norte (UFRN)false |
dc.title.none.fl_str_mv |
Determinants of impairment test loss recognition Determinantes del reconocimiento de la pérdida por impaiment test Determinantes do reconhecimento da perda pelo impaiment test |
title |
Determinants of impairment test loss recognition |
spellingShingle |
Determinants of impairment test loss recognition Castro Pinheiro Alves, Karla Roberta Impairment Test, loss recognition determinants, discretion. Impairment Test, loss recognition determinants, discretion. Impairment Test, determinantes del reconocimiento de la pérdida, discrecionalidad Impairment Test, determinantes do reconhecimento da perda, discricionariedade Impairment test |
title_short |
Determinants of impairment test loss recognition |
title_full |
Determinants of impairment test loss recognition |
title_fullStr |
Determinants of impairment test loss recognition |
title_full_unstemmed |
Determinants of impairment test loss recognition |
title_sort |
Determinants of impairment test loss recognition |
author |
Castro Pinheiro Alves, Karla Roberta |
author_facet |
Castro Pinheiro Alves, Karla Roberta Tibúrcio Silva, César Augusto |
author_role |
author |
author2 |
Tibúrcio Silva, César Augusto |
author2_role |
author |
dc.contributor.author.fl_str_mv |
Castro Pinheiro Alves, Karla Roberta Tibúrcio Silva, César Augusto |
dc.subject.por.fl_str_mv |
Impairment Test, loss recognition determinants, discretion. Impairment Test, loss recognition determinants, discretion. Impairment Test, determinantes del reconocimiento de la pérdida, discrecionalidad Impairment Test, determinantes do reconhecimento da perda, discricionariedade Impairment test |
topic |
Impairment Test, loss recognition determinants, discretion. Impairment Test, loss recognition determinants, discretion. Impairment Test, determinantes del reconocimiento de la pérdida, discrecionalidad Impairment Test, determinantes do reconhecimento da perda, discricionariedade Impairment test |
description |
Purpose: verify which determinants influence the recognition of the Impairment Test (IT) loss recognition in Brazilian companies listed in B3. Methodology: The research was performed with 169 non-financial companies listed in B3, which may or may not have presented information of IT loss, in the analysis period from 2009 up to 2017. To test the hypotheses of this research, the logit model was applied. In order to avoid the outliers problem, which may affect the estimated coefficients, all variables were winsorized in 1% in each side of their distribution. The results, however, with and without winsorization were mantained in order to attest to the consistency of the findings. The standard errors were clusterized, so as to avoid autocorrelation problems in the model’s residual data. Results: It was noticed that the Return on Equity, the Book-to-Market index, Management Change, Big Bath and Property Control were considered influential determinants on IT loss recognition in the companies listed in B3. Contributions of the Study: The study brings forth practical justifications for IT appliability, offering importante accounting information for managers, investors, accounting professional, policy and rule makers. From a theoretical point of view it contibutes to the literature on determinant factors for IT loss of actives. |
publishDate |
2020 |
dc.date.none.fl_str_mv |
2020-07-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://periodicos.ufrn.br/ambiente/article/view/19759 10.21680/2176-9036.2020v12n2ID19759 |
url |
https://periodicos.ufrn.br/ambiente/article/view/19759 |
identifier_str_mv |
10.21680/2176-9036.2020v12n2ID19759 |
dc.language.iso.fl_str_mv |
por |
language |
por |
dc.relation.none.fl_str_mv |
https://periodicos.ufrn.br/ambiente/article/view/19759/12905 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Portal de Periódicos Eletrônicos da UFRN |
publisher.none.fl_str_mv |
Portal de Periódicos Eletrônicos da UFRN |
dc.source.none.fl_str_mv |
REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte; Vol. 12 No. 2 (2020): Jul./Dez. ; 112-135 REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte; Vol. 12 Núm. 2 (2020): Jul./Dez. ; 112-135 REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte - ISSN 2176-9036; v. 12 n. 2 (2020): Jul./Dez. ; 112-135 2176-9036 10.21680/2176-9036.2020v12n2 reponame:Revista Ambiente Contábil instname:Universidade Federal do Rio Grande do Norte (UFRN) instacron:UFRN |
instname_str |
Universidade Federal do Rio Grande do Norte (UFRN) |
instacron_str |
UFRN |
institution |
UFRN |
reponame_str |
Revista Ambiente Contábil |
collection |
Revista Ambiente Contábil |
repository.name.fl_str_mv |
Revista Ambiente Contábil - Universidade Federal do Rio Grande do Norte (UFRN) |
repository.mail.fl_str_mv |
||prof.mauriciocsilva@gmail.com |
_version_ |
1799770189152124928 |