LONGITUDINAL STUDY OF THE DEGREE OF INTANGIBILITY OF THE LARGEST BANKS IN BRAZIL
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...
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| Format: | Article |
| Language: | English |
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Universidade de São Paulo (USP)
2013-12-01
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| Series: | Revista de Contabilidade e Organizações |
| Subjects: | |
| Online Access: | https://www.revistas.usp.br/rco/article/view/55516 |
| _version_ | 1818807525093408768 |
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| author | Alessandra Carvalho de Vasconcelos Rosângela Felix dos Santos Márcia Martins Mendes De Luca Jacqueline Veneroso Alves da Cunha |
| author_facet | Alessandra Carvalho de Vasconcelos Rosângela Felix dos Santos Márcia Martins Mendes De Luca Jacqueline Veneroso Alves da Cunha |
| author_sort | Alessandra Carvalho de Vasconcelos |
| collection | DOAJ |
| description | 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. |
| first_indexed | 2024-12-18T19:27:03Z |
| format | Article |
| id | doaj.art-5d37ee429a2442248fda079613430a5c |
| institution | Directory Open Access Journal |
| issn | 1982-6486 |
| language | English |
| last_indexed | 2024-12-18T19:27:03Z |
| publishDate | 2013-12-01 |
| publisher | Universidade de São Paulo (USP) |
| record_format | Article |
| series | Revista de Contabilidade e Organizações |
| spelling | doaj.art-5d37ee429a2442248fda079613430a5c2022-12-21T20:55:51ZengUniversidade de São Paulo (USP)Revista de Contabilidade e Organizações1982-64862013-12-0171910.11606/rco.v7i19.55516LONGITUDINAL STUDY OF THE DEGREE OF INTANGIBILITY OF THE LARGEST BANKS IN BRAZILAlessandra Carvalho de Vasconcelos0Rosângela Felix dos Santos1Márcia Martins Mendes De Luca2Jacqueline Veneroso Alves da Cunha3Universidade Federal do CearáUniversidade Federal do CearáUniversidade Federal do CearáUniversidade Federal de Minas GeraisIn 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.https://www.revistas.usp.br/rco/article/view/55516Ativos IntangíveisNormas Internacionais de ContabilidadeTeoria Institucional. |
| spellingShingle | Alessandra Carvalho de Vasconcelos Rosângela Felix dos Santos Márcia Martins Mendes De Luca Jacqueline Veneroso Alves da Cunha LONGITUDINAL STUDY OF THE DEGREE OF INTANGIBILITY OF THE LARGEST BANKS IN BRAZIL Revista de Contabilidade e Organizações Ativos Intangíveis Normas Internacionais de Contabilidade Teoria Institucional. |
| title | LONGITUDINAL STUDY OF THE DEGREE OF INTANGIBILITY OF THE LARGEST BANKS IN BRAZIL |
| title_full | LONGITUDINAL STUDY OF THE DEGREE OF INTANGIBILITY OF THE LARGEST BANKS IN BRAZIL |
| title_fullStr | LONGITUDINAL STUDY OF THE DEGREE OF INTANGIBILITY OF THE LARGEST BANKS IN BRAZIL |
| title_full_unstemmed | LONGITUDINAL STUDY OF THE DEGREE OF INTANGIBILITY OF THE LARGEST BANKS IN BRAZIL |
| title_short | LONGITUDINAL STUDY OF THE DEGREE OF INTANGIBILITY OF THE LARGEST BANKS IN BRAZIL |
| title_sort | longitudinal study of the degree of intangibility of the largest banks in brazil |
| topic | Ativos Intangíveis Normas Internacionais de Contabilidade Teoria Institucional. |
| url | https://www.revistas.usp.br/rco/article/view/55516 |
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