Banca de DEFESA: ANA CAROLINA MENDONÇA DE SOUSA PENELUC

Uma banca de DEFESA de MESTRADO foi cadastrada pelo programa.
DISCENTE : ANA CAROLINA MENDONÇA DE SOUSA PENELUC
DATA : 13/02/2020
HORA: 09:00
LOCAL: Faculdade de Ciências Contábeis
TÍTULO:

Avaliando o value relevance das informações contábeis, após adoção das IFRS no Brasil.

PALAVRAS-CHAVES:

IFRS, international standards, value relevance, relevance, corporate governance

PÁGINAS: 99
GRANDE ÁREA: Ciências Sociais Aplicadas
ÁREA: Administração
SUBÁREA: Ciências Contábeis
RESUMO:

The process of convergence of Brazilian accounting standards with the International Accounting Standards Board’s (IASB) standards began in 2008. However, only in 2010 the adoption of these standards became mandatory. Thus, an already widely discussed line of research in other countries came to interest Brazilian researchers: the analysis of the value relevance of accounting information after adoption of international standards. From there, several studies were conducted on this theme. As consequence, divergent results has been achieved in which some gaps remains unclear. Thus, this paper aims to compare the relevance of accounting information before and after the beginning of the process of adoption of international standards in Brazil in an attempt to fill some gaps in the literature and to resolve divergences in previous research findings. For this purpose, two price and return models derived from the Ohlson (1995) model will be used. These models relate the accounting variables (profit and net worth) with the market variables (price and return). Also, the used models add, as a control, the level of corporate governance. A total of 1,713 observations of 73 publicly traded companies listed on the Brazilian stock exchange B3 SA over a broad and current period from 2002 to 2018 were analyzed. The results suggest that there was an increase in the predictive power of the accounting variables profit and equity over price behavior and stock returns. Only the profit stood out because it had a larger variation. However, the coefficients of the control variable (corporate governance level) were not significant, thus precluding a theoretical analysis of the influence of this variable on the behavior of the Brazilian capital market.

MEMBROS DA BANCA:
Presidente - 1523738 - JOSE MARIA DIAS FILHO
Externo à Instituição - MIGUEL ANGEL RIVERA CASTRO - UNIFACS
Interno - 2346797 - SHEIZI CALHEIRA DE FREITAS