Coorporativa: determinante para o reconhecimento das perdas por Impairment do goodwill

Abstract

This paper seeks to examine if there are associations between the disclosure of the loss of goodwill impairment by expectation of future profitability and corporate governance of companies. In order to achieve this goal, we used the logit regression model. The study population comprised the 100 Brazilian publicly traded companies, listed in the theoretical portfolio of the IBrX100 index, with data between the years 2011 and 2016. At the end, 515 observations were made in the 7-year period analyzed. The results showed that the associations between the impairment loss and the economic factors vary according to the strength of corporate governance. However, it was not confirmed that the associations between economic factors and impairment losses are stronger for the sub-sample of differentiated governance.