Fatores que influenciam o nível de evidenciação dos ativos intangíveis: um estudo nas maiores empresas do Brasil segundo a revista Exame.

Abstract

With the enactment of Law 11.638/2007, came the new standards of accounting information to be followed , for example, the fact that the disclosure of intangible assets in Brazilian corporations become mandatory from the year 2010. This research aimed to analyze which factors can influence the "largest companies" of Brazil in the disclosure of intangible assets in their annual reports. Therefore, the sample was composed of 35 of the 100 largest companies in Brazil in 2013, according to a ranking prepared by Exame Magazine. Data for the study were drawn from the financial statements and explanatory notes for each of the 35 companies, which then were analyzed by means of disclosure levels found from check list and through Multiple Linear Regression. Results showed that during the reporting period, there was an increase in the level of intangibles disclosure in the group of companies analyzed. The findings also reveal that the greater the number of intangible classes inserted in the statements, the greater the intangible disclosure index and the returns on equity and ROA also showed a significant relationship with the Disclosure Index Intangible. The other variables tested did not exert significant influence on the index in question. It was concluded that the established variables have a low explanatory power which is justified by the lack of standardized information and adequately disclosed.