Persistencia de los lucros en clubes de fútbol brasileños
DOI:
https://doi.org/10.5007/2175-8069.2024.e94085Palabras clave:
Clubes de Fútbol Brasileños, Persistencia de los Lucros, Previsibilidad de los Lucros, Calidad de la Información ContableResumen
Este artículo examina la calidad de los lucros de los clubes de fútbol brasileños, centrándose en la persistencia de los lucros, su relación con el tamaño del club y la persistencia de los accruals y el flujo de caja. Basado en el ranking de 2020 de la Confederación Brasileña de Fútbol, la muestra está compuesta por 23 equipos que divulgaron estados financieros desde 2011 hasta 2021. Los resultados indican que los clubes más pequeños muestran una mayor persistencia y predictibilidad de los lucros en comparación con clubes más grandes. Específicamente, el componente de flujo de caja de los lucros exhibe una mayor persistencia en la predicción de beneficios futuros que los accruals entre los clubes más pequeños. Además, los hallazgos sugieren una mayor predictibilidad y persistencia de los lucros después de la implementación de regulaciones como el PROFUT, que restringe gastos y deudas. Este estudio subraya la persistencia como un indicador crítico de la calidad de los lucros, especialmente relevante en el actual panorama regulatorio donde los clubes brasileños pueden optar por la incorporación bajo la Ley de Sociedades Anónimas del Fútbol (2021).
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