Longitudinal study of the degree of intangibility of the largest banks in Brazil

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Auteur principal: Alessandra C. de Vasconcelos
Format: Artículo científico
Langue:en
Publié: Universidade de São Paulo 2013
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author Alessandra C. de Vasconcelos
author_facet Alessandra C. de Vasconcelos
contents Longitudinal study of the degree of intangibility of the largest banks in Brazil Alessandra C. de Vasconcelos Rosângela F. dos Santos Márcia M. M. De Luca Jacqueline V. A. da Cunha Administración y Contabilidad Standards Intangible Assets Institutional Theory International Financial Reporting In light of Institutional Theory, we observed the behavior of the degree of intangibility of the largest banks listed on the Brazilian stock exchange (BM&FBovespa) in the period 2007-2010 in order to assess the impact of the introduction of mandatory disclosure of intangible assets in accounting statements associated with the convergence on International Financial Reporting Standards. The study was qualitative and based on an initial sample of the top 50 banks (by equity) on the ranking of “Exame Melhores e Maiores 2010” (list of the top 1,000 firms in Brazil). We found that (i) the explanatory notes were the accounting document most commonly used for the presentation or decomposition of intangibles, (ii) the most representative types of intangible assets were “expenditure on acquisition and software development”, “software and systems” and “acquisition of payrolls” with regard to frequency, and “goodwill” and “acquisition of payrolls” with regard to average volume of investment; (iii) the predominant classification of intangible assets was “infrastructure assets”, (iv) the degree of intangibility decreased over the study period, and (v) no symmetry was observed between variations in the index of investments in intangible assets and market value. 2013 artículo científico 1982-6486 https://www.redalyc.org/articulo.oa?id=235230528005 https://www.redalyc.org/journal/2352/235230528005/ https://www.redalyc.org/journal/2352/235230528005/html/ https://www.redalyc.org/journal/2352/235230528005/235230528005.epub https://www.redalyc.org/journal/2352/235230528005/movil en http://www.redalyc.org/revista.oa?id=2352 Revista de Contabilidade e Organizações application/pdf Universidade de São Paulo Revista de Contabilidade e Organizações (Brasil) Num.19 Vol.7
format Artículo científico
id redalyc_235230528005
institution Redalyc
language en
publishDate 2013
publisher Universidade de São Paulo
spellingShingle Longitudinal study of the degree of intangibility of the largest banks in Brazil
Alessandra C. de Vasconcelos
Administración y Contabilidad
Standards
Intangible Assets
Institutional Theory
International Financial Reporting
Longitudinal study of the degree of intangibility of the largest banks in Brazil Alessandra C. de Vasconcelos Rosângela F. dos Santos Márcia M. M. De Luca Jacqueline V. A. da Cunha Administración y Contabilidad Standards Intangible Assets Institutional Theory International Financial Reporting In light of Institutional Theory, we observed the behavior of the degree of intangibility of the largest banks listed on the Brazilian stock exchange (BM&FBovespa) in the period 2007-2010 in order to assess the impact of the introduction of mandatory disclosure of intangible assets in accounting statements associated with the convergence on International Financial Reporting Standards. The study was qualitative and based on an initial sample of the top 50 banks (by equity) on the ranking of “Exame Melhores e Maiores 2010” (list of the top 1,000 firms in Brazil). We found that (i) the explanatory notes were the accounting document most commonly used for the presentation or decomposition of intangibles, (ii) the most representative types of intangible assets were “expenditure on acquisition and software development”, “software and systems” and “acquisition of payrolls” with regard to frequency, and “goodwill” and “acquisition of payrolls” with regard to average volume of investment; (iii) the predominant classification of intangible assets was “infrastructure assets”, (iv) the degree of intangibility decreased over the study period, and (v) no symmetry was observed between variations in the index of investments in intangible assets and market value. 2013 artículo científico 1982-6486 https://www.redalyc.org/articulo.oa?id=235230528005 https://www.redalyc.org/journal/2352/235230528005/ https://www.redalyc.org/journal/2352/235230528005/html/ https://www.redalyc.org/journal/2352/235230528005/235230528005.epub https://www.redalyc.org/journal/2352/235230528005/movil en http://www.redalyc.org/revista.oa?id=2352 Revista de Contabilidade e Organizações application/pdf Universidade de São Paulo Revista de Contabilidade e Organizações (Brasil) Num.19 Vol.7
title Longitudinal study of the degree of intangibility of the largest banks in Brazil
topic Administración y Contabilidad
Standards
Intangible Assets
Institutional Theory
International Financial Reporting
url https://www.redalyc.org/articulo.oa?id=235230528005
https://www.redalyc.org/journal/2352/235230528005/
https://www.redalyc.org/journal/2352/235230528005/html/
https://www.redalyc.org/journal/2352/235230528005/235230528005.epub
https://www.redalyc.org/journal/2352/235230528005/movil