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Abstract(s)
A presente investigação tem por propósito analisar o impacto do nível de divulgação de informação relacionada com ativos intangíveis no desempenho empresarial de entidades cotadas em bolsas europeias. Com efeito, pretende-se analisar a divulgação obrigatória, segundo a International Accounting Standards 38, e voluntária, em conformidade com o índice proposto por Cabedo (2002), de 28 entidades, cotadas no
mercado irlandês, belga, francês, espanhol e grego para o período temporal compreendido entre 2017 e 2022. Os resultados obtidos permitem aferir um grau de associação positivo entre a divulgação obrigatória e o desempenho medido através de métricas contabilísticas e uma associação negativa com o desempenho aferido mediante métricas de mercado. Quanto à divulgação voluntária, o estudo empírico permitiu obter uma correlação negativa com o desempenho contabilístico e uma associação positiva com o desempenho de mercado. Foi ainda possível aferir que, a cultura configura um fator relevante na definição das políticas de divulgação de informação sobre ativos intangíveis.
The purpose of this investigation is to analyze the impact of the level of disclosure of information related to intangible assets on the business performance of entities listed on European stock exchanges. In effect, the aim is to analyze mandatory disclosure, according to International Accounting Standards 38, and voluntary disclosure, in accordance with the index proposed by Cabedo (2002), of 28 entities, listed on the Irish, Belgian, French, Spanish and Greek markets for the period between 2017 and 2022. The results obtained allow us to assess a positive degree of association between mandatory disclosure and performance measured through accounting metrics and a negative association with performance measured using market metrics. As for voluntary disclosure, the empirical study revealed a negative correlation with accounting performance and a positive association with market performance. It was also possible to verify that culture is a relevant factor in defining policies for disclosing information about intangible assets.
The purpose of this investigation is to analyze the impact of the level of disclosure of information related to intangible assets on the business performance of entities listed on European stock exchanges. In effect, the aim is to analyze mandatory disclosure, according to International Accounting Standards 38, and voluntary disclosure, in accordance with the index proposed by Cabedo (2002), of 28 entities, listed on the Irish, Belgian, French, Spanish and Greek markets for the period between 2017 and 2022. The results obtained allow us to assess a positive degree of association between mandatory disclosure and performance measured through accounting metrics and a negative association with performance measured using market metrics. As for voluntary disclosure, the empirical study revealed a negative correlation with accounting performance and a positive association with market performance. It was also possible to verify that culture is a relevant factor in defining policies for disclosing information about intangible assets.
Description
Mestrado em Contabilidade
Keywords
Ativos intangíveis Divulgação de informação Desempenho empresarial Cultura Intangible assets Information disclosure Corporate performance Culture
Citation
Neves, A. (2024) A divulgação de informação relacionada com os ativos intangíveis e o desempenho empresarial. [Dissertação de mestrado, Instituto Superior de Contabilidade e Administração de Lisboa]. Repositório Científico do Instituto Politécnico de Lisboa. http://hdl.handle.net/10400.21/17531