ADOPTION OF THE STANDARD IFRS AND EARNINGS QUALITY: THE EARNINGS PERSISTENCE OF LISTED COMPANIES AT BM&FBOVESPA
The objective of this research was to analyze the relationship between earnings persistence, of companies listed on the BM&FBovespa, compared to IFRS. The research was based on data from financial statements, separate pre-convergence (2003-2007 years), and post-convergence (2010-2014 years),...
| Autores: | , , , |
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| Tipo de documento: | artigo |
| Estado: | Versão publicada |
| Data de publicação: | 2017 |
| País: | Brasil |
| Recursos: | Universidade de São Paulo (USP) |
| Repositório: | Revista de contabilidade e organizações |
| Idioma: | português inglês |
| OAI Identifier: | oai:revistas.usp.br:article/125846 |
| Acesso em linha: | https://www.revistas.usp.br/rco/article/view/125846 |
| Access Level: | Acceso aberto |
| Palavra-chave: | Earnings Quality IFRS Earnings Persistence. Qualidade do Lucro Padrão IFRS Persistência do Lucro. |
| Resumo: | The objective of this research was to analyze the relationship between earnings persistence, of companies listed on the BM&FBovespa, compared to IFRS. The research was based on data from financial statements, separate pre-convergence (2003-2007 years), and post-convergence (2010-2014 years), thus resulting in a sample of 235 companies, with 2,350 observations. To calculate the proxy of earnings quality has been taken based on this model in the papers of Dechow and Schrand (2004), Dechow, Ge, and Schrand (2010) and Perotti and Wagenhofer (2014), which considers the β as the measure of earnings persistence. The findings showed that there was an increase in the quality of earnings after the adoption of IFRS for companies of BM&FBovespa, showing consistency with the international researches in which convergence to international accounting standards, based on principles rather than rules, could result in an increase in earnings quality for companies. |
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