Um estudo sobre a informatividade dos lucros contábeis na América Latina

• Autor(a) principal: Sarlo Neto, Alfredo
• Data de Publicação: 2011
• Outros Autores: Bassi, Bruno Rossi, Almeida, André Abreu de
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Revista de contabilidade e organizações
• Texto Completo: https://www.revistas.usp.br/rco/article/view/34792
• topic: Informatividade; América Latina; Tamanho da Empresa; market-to-book; Endividamento; Informativeness; Latin America; Size; market-to-book; Debt

This study aimed to investigate the influence of size, market-to-book anddebt on the informativeness of accounting earnings reported by companies traded on the stock markets of Argentina, Brazil, Chile, Mexico and Peru. Informativeness was considered the intensity of the relationship between accounting earnings and stock returns, measured by the scope estimate between these two variables. The sample consited of non-financial companies listed on major exchanges in Latin America -Basa (Argentina), Bovespa (Brazil), SNSE (Chile), BMV (Mexico) and BVL (Peru) - during the intervalfrom 2004 to 2008. As expected, the results indicate that the variable market-to-book positively influence the informativeness of accounting earnings reported by companies traded in Latin American markets. The results about the others variables, size end debt, have not confirmed their influence over the informativeness of accounting earnings in Latin American markets.