Impacto del reconocimiento de instrumentos financieros medidos a un valor razonable sobre la volatilidad del resultado
DOI:
https://doi.org/10.5007/2175-8069.2019v16n38p57Resumen
Con el fin de verificar si el reconocimiento de instrumentos financieros medidos a valor razonable en el resultado llevó a una mayor volatilidad de los beneficios contables, se adoptaron testes estadísticos que analizaron la diferencia entre las variaciones de los beneficios netos que consideran instrumentos financieros evaluados a valor razonable ya costo amortizado, en el período entre 2010 y 2016, de las empresas brasileñas de capital abierto no financieras y Bancos con mayor Presencia en Bolsa. Después de analizar el efecto sobre el beneficio neto de las beneficios y pérdidas no realizadas de instrumentos financieros, se constató una tendencia a suavización, tanto para las empresas no financieras y para los Bancos, y no de aumento de la volatilidad como argumentó por los críticos la adopción del valor razonable. Esta tendencia puede tener un impacto positivo en la evaluación de estas empresas por el mercado de capitales y los acreedores, ya presentan una preferencia por beneficios consistentes a lo largo del tiempo, debido a su aversión al riesgo.
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