PEREIRA, J. F.; http://lattes.cnpq.br/2135588559451690; PEREIRA, Jéssica Fernandes.
Resumen:
In order to hedge the operations and assets of the entities, the accounting practice called hedge accounting seeks to isolate the risks inherent to these operations and to these assets in a manner that achieves the minimum risk. The purpose of this study is to analyze whether the Brazilian companies listed in Level 1, Level 2 and Novo Mercado segments of B3 that contracted hedge operations in the years 2015 and 2016, also verifying the type of hedge used by these companies and the reason for their use. Through a case study of a quantitative approach, the data collection was made through financial statements made available from the years 2015 and 2016 of the selected sample of 150 companies in a universe of 186 companies, where 30 were excluded because they were companies of the Financial Sector and Others that have different rules for disclosure of hedge and 6 were excluded for failing to publish statements in one of the years under analysis. The result attested was a considerable adherence to this practice, considering that, of the analyzed entities, 41.3% in the year 2015 and 43.3% in the year 2016 testified to the use of hedge operations. all sectors listed. The cash flow hedge was the operation most used by the companies under analysis. All the companies analyzed justified the use of hedge operations with the intention of protecting their operations and managing the risks to which they were exposed.