Determinants of asymmetric loss recognition timeliness in public and private firms in Brazil

被引：4

作者：

Coelho, Antonio Carlos ^{[1
]}

Galdi, Fernando Caio ^{[2
]}

Lopes, Alexsandro Broedel ^{[3
]}

机构：

[1] Univ Fed Ceara, Ave Univ 2431, BR-60020180 Fortaleza, Ceara, Brazil

[2] Fucape Business Sch, Av Fernando Ferrari 1358, BR-29075505 Vitoria, ES, Brazil

[3] Univ Sao Paulo, Av Prof Luciano Gualberto 908,FEA 3, BR-05508900 Sao Paulo, SP, Brazil

来源：

EMERGING MARKETS REVIEW | 2017年 / 31卷

关键词：

Earnings quality; Loss recognition; Private firms; Emerging markets; Brazil; EARNINGS MANAGEMENT EVIDENCE; REPORTING INCENTIVES; ACCOUNTING STANDARDS; CORPORATE-OWNERSHIP; CONSERVATISM; VALUATION; QUALITY; MARKETS; LEGAL;

D O I：

10.1016/j.ememar.2017.02.002

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

We investigate the determinants of asymmetric loss recognition timeliness (ALRT) for public and private firms in Brazil. We complement Ball and Shivakumar (2005) by investigating ALRT in Brazil where, unlike in the UK setting, equity markets do not provide the adequate incentives for high quality financial reporting. In Brazil, even listed public companies do not face the same institutional environment of the British firms. Using a unique database of Brazilian public and private firms we document that Brazilian public and private firms present similar ALRT, different from the evidence that Ball and Shivakumar (2005) reported for the UK. (C) 2017 Elsevier B.V. All rights reserved.

引用

页码：65 / 79

页数：15

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