Determinants of the credit risk disclosure level by Brazilian banks
Autor(a) principal: | |
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Data de Publicação: | 2010 |
Outros Autores: | , , |
Tipo de documento: | Artigo |
Idioma: | por |
Título da fonte: | Revista Contabilidade & Finanças (Online) |
Texto Completo: | https://www.revistas.usp.br/rcf/article/view/34307 |
Resumo: | Studies assessing organizations level of disclosure have gained relevance in Accounting literature, as disclosure progressively assumes a more important role in the reduction of information asymmetry amongst various economic agents. As for the peculiarities of the Financial System, transparency is essential to achieve reliability and stability. The central aim of this study is to assess the degree of credit risk disclosure implemented by Brazilian financial institutions, benchmarked against the qualitative and quantitative disclosures required by the Basel II Accord. Based on the analysis of quarterly financial data of the fifty biggest banks, the results of the research show, initially, that the level of disclosure presented a slow and steady growth in the period, despite complying with less than forty percent of the information items required. The Studys Panel Data Regression Analysis revealed that the degree of credit risk disclosure of a period is initially explained by the disclosure of the previous period. It also indicated that the level of disclosure is explained by the Basel II Accords effectiveness, the size of the organization, the level of returns, the fixed-asset to equity-capital ratio and also by the shares listed on Bovespa. |
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Determinants of the credit risk disclosure level by Brazilian banks Determinantes do grau de evidenciação de risco de crédito pelos bancos brasileiros Risco de CréditoBasiléia IIBancosEvidenciaçãoTransparênciaCredit RiskBasel IIBanksDisclosureTransparency Studies assessing organizations level of disclosure have gained relevance in Accounting literature, as disclosure progressively assumes a more important role in the reduction of information asymmetry amongst various economic agents. As for the peculiarities of the Financial System, transparency is essential to achieve reliability and stability. The central aim of this study is to assess the degree of credit risk disclosure implemented by Brazilian financial institutions, benchmarked against the qualitative and quantitative disclosures required by the Basel II Accord. Based on the analysis of quarterly financial data of the fifty biggest banks, the results of the research show, initially, that the level of disclosure presented a slow and steady growth in the period, despite complying with less than forty percent of the information items required. The Studys Panel Data Regression Analysis revealed that the degree of credit risk disclosure of a period is initially explained by the disclosure of the previous period. It also indicated that the level of disclosure is explained by the Basel II Accords effectiveness, the size of the organization, the level of returns, the fixed-asset to equity-capital ratio and also by the shares listed on Bovespa. Estudos que avaliam o nível de evidenciação praticado pelas organizações têm adquirido relevância na literatura contábil, na medida em que a evidenciação assume papel cada vez mais importante para a redução da assimetria de informação entre os diversos agentes econômicos. No caso do sistema financeiro, considerando suas peculiaridades, a transparência é essencial para garantir a confiabilidade e a estabilidade do sistema. O presente estudo teve por objetivo central avaliar o grau de transparência do risco de crédito praticado pelas instituições financeiras brasileiras, tendo por referência as divulgações qualitativas e quantitativas requeridas pelo Acordo de Basiléia II. Com base nas Informações Financeiras Trimestrais dos 50 maiores bancos, os resultados das análises revelaram, inicialmente, que o grau de evidenciação apresentou crescimento paulatino e constante no período, mas ainda atende a menos de 40% dos itens requeridos. Por meio de regressão, com o uso de dados em painel, foi constatado que o grau de evidenciação do risco de crédito de um período é explicado, inicialmente, pela divulgação do período anterior. Também foi constatado que o nível de evidenciação é explicado pela vigência de Basiléia II, pelo porte das instituições, pelo nível de rentabilidade, pelo índice de imobilização e pela listagem das ações na Bovespa. Universidade de São Paulo. Faculdade de Economia, Administração, Contabilidade e Atuária2010-01-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://www.revistas.usp.br/rcf/article/view/3430710.1590/S1519-70772010000100002Revista Contabilidade & Finanças; v. 21 n. 52 (2010); 0-0 Revista Contabilidade & Finanças; Vol. 21 No. 52 (2010); 0-0 Revista Contabilidade & Finanças; Vol. 21 Núm. 52 (2010); 0-0 1808-057X1519-7077reponame:Revista Contabilidade & Finanças (Online)instname:Universidade de São Paulo (USP)instacron:USPporhttps://www.revistas.usp.br/rcf/article/view/34307/37039Copyright (c) 2018 Revista Contabilidade & Finançasinfo:eu-repo/semantics/openAccessDantas, José AlvesRodrigues, Fernanda FernandesRodrigues, Jomar MirandaCapelletto, Lucio Rodrigues2012-07-21T18:29:39Zoai:revistas.usp.br:article/34307Revistahttp://www.revistas.usp.br/rcf/indexPUBhttps://old.scielo.br/oai/scielo-oai.phprecont@usp.br||recont@usp.br1808-057X1519-7077opendoar:2012-07-21T18:29:39Revista Contabilidade & Finanças (Online) - Universidade de São Paulo (USP)false |
dc.title.none.fl_str_mv |
Determinants of the credit risk disclosure level by Brazilian banks Determinantes do grau de evidenciação de risco de crédito pelos bancos brasileiros |
title |
Determinants of the credit risk disclosure level by Brazilian banks |
spellingShingle |
Determinants of the credit risk disclosure level by Brazilian banks Dantas, José Alves Risco de Crédito Basiléia II Bancos Evidenciação Transparência Credit Risk Basel II Banks Disclosure Transparency |
title_short |
Determinants of the credit risk disclosure level by Brazilian banks |
title_full |
Determinants of the credit risk disclosure level by Brazilian banks |
title_fullStr |
Determinants of the credit risk disclosure level by Brazilian banks |
title_full_unstemmed |
Determinants of the credit risk disclosure level by Brazilian banks |
title_sort |
Determinants of the credit risk disclosure level by Brazilian banks |
author |
Dantas, José Alves |
author_facet |
Dantas, José Alves Rodrigues, Fernanda Fernandes Rodrigues, Jomar Miranda Capelletto, Lucio Rodrigues |
author_role |
author |
author2 |
Rodrigues, Fernanda Fernandes Rodrigues, Jomar Miranda Capelletto, Lucio Rodrigues |
author2_role |
author author author |
dc.contributor.author.fl_str_mv |
Dantas, José Alves Rodrigues, Fernanda Fernandes Rodrigues, Jomar Miranda Capelletto, Lucio Rodrigues |
dc.subject.por.fl_str_mv |
Risco de Crédito Basiléia II Bancos Evidenciação Transparência Credit Risk Basel II Banks Disclosure Transparency |
topic |
Risco de Crédito Basiléia II Bancos Evidenciação Transparência Credit Risk Basel II Banks Disclosure Transparency |
description |
Studies assessing organizations level of disclosure have gained relevance in Accounting literature, as disclosure progressively assumes a more important role in the reduction of information asymmetry amongst various economic agents. As for the peculiarities of the Financial System, transparency is essential to achieve reliability and stability. The central aim of this study is to assess the degree of credit risk disclosure implemented by Brazilian financial institutions, benchmarked against the qualitative and quantitative disclosures required by the Basel II Accord. Based on the analysis of quarterly financial data of the fifty biggest banks, the results of the research show, initially, that the level of disclosure presented a slow and steady growth in the period, despite complying with less than forty percent of the information items required. The Studys Panel Data Regression Analysis revealed that the degree of credit risk disclosure of a period is initially explained by the disclosure of the previous period. It also indicated that the level of disclosure is explained by the Basel II Accords effectiveness, the size of the organization, the level of returns, the fixed-asset to equity-capital ratio and also by the shares listed on Bovespa. |
publishDate |
2010 |
dc.date.none.fl_str_mv |
2010-01-01 |
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://www.revistas.usp.br/rcf/article/view/34307 10.1590/S1519-70772010000100002 |
url |
https://www.revistas.usp.br/rcf/article/view/34307 |
identifier_str_mv |
10.1590/S1519-70772010000100002 |
dc.language.iso.fl_str_mv |
por |
language |
por |
dc.relation.none.fl_str_mv |
https://www.revistas.usp.br/rcf/article/view/34307/37039 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2018 Revista Contabilidade & Finanças info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2018 Revista Contabilidade & Finanças |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Universidade de São Paulo. Faculdade de Economia, Administração, Contabilidade e Atuária |
publisher.none.fl_str_mv |
Universidade de São Paulo. Faculdade de Economia, Administração, Contabilidade e Atuária |
dc.source.none.fl_str_mv |
Revista Contabilidade & Finanças; v. 21 n. 52 (2010); 0-0 Revista Contabilidade & Finanças; Vol. 21 No. 52 (2010); 0-0 Revista Contabilidade & Finanças; Vol. 21 Núm. 52 (2010); 0-0 1808-057X 1519-7077 reponame:Revista Contabilidade & Finanças (Online) instname:Universidade de São Paulo (USP) instacron:USP |
instname_str |
Universidade de São Paulo (USP) |
instacron_str |
USP |
institution |
USP |
reponame_str |
Revista Contabilidade & Finanças (Online) |
collection |
Revista Contabilidade & Finanças (Online) |
repository.name.fl_str_mv |
Revista Contabilidade & Finanças (Online) - Universidade de São Paulo (USP) |
repository.mail.fl_str_mv |
recont@usp.br||recont@usp.br |
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1787713776340959232 |