The relevance of accounting information in the identification of value creating companies: a study of the brazilian electricity sector
http://dx.doi.org/10.5007/2175-8069.2012v9n18p137 The relevance of accounting information is one of the accounting guiding principles. Knowing that value creation is one of the main objectives of the company, this study sought to identify the most relevant financial indicators for discriminating co...
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Universidade Federal de Santa Catarina
2012-12-01
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doaj-d4563cb384a64ae4884f4f8205c6e1f62020-11-25T01:51:39ZporUniversidade Federal de Santa CatarinaRevista Contemporânea de Contabilidade1807-18212175-80692012-12-0191813716610.5007/2175-8069.2012v9n18p13719341The relevance of accounting information in the identification of value creating companies: a study of the brazilian electricity sectorAna Carolina Costa Corrêa0Alexandre Assaf Neto1Sílvio Hiroshi Nakao2Alyne Anteveli Osajima3Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto da Universidade de São PauloFaculdade de Economia, Administração e Contabilidade de Ribeirão Preto da Universidade de São PauloFaculdade de Economia, Administração e Contabilidade de Ribeirão Preto da Universidade de São PauloFaculdade de Economia, Administração e Contabilidade de Ribeirão Preto da Universidade de São Paulohttp://dx.doi.org/10.5007/2175-8069.2012v9n18p137 The relevance of accounting information is one of the accounting guiding principles. Knowing that value creation is one of the main objectives of the company, this study sought to identify the most relevant financial indicators for discriminating companies that create value in the Brazilian electricity sector. We used a sample of 52 companies listed on the BM&FBOVESPA, totaling 385 annual statements. The results indicate that there was value generation in 41.82% of cases. In addition, they point four indicators as most relevant: return on equity, bank debt composition, financial independence and composition of debt.https://periodicos.ufsc.br/index.php/contabilidade/article/view/19596relevância da informação contábil. valor econômico agregado (vea). indicadores contábeis. gestão baseada no valor. |
collection |
DOAJ |
language |
Portuguese |
format |
Article |
sources |
DOAJ |
author |
Ana Carolina Costa Corrêa Alexandre Assaf Neto Sílvio Hiroshi Nakao Alyne Anteveli Osajima |
spellingShingle |
Ana Carolina Costa Corrêa Alexandre Assaf Neto Sílvio Hiroshi Nakao Alyne Anteveli Osajima The relevance of accounting information in the identification of value creating companies: a study of the brazilian electricity sector Revista Contemporânea de Contabilidade relevância da informação contábil. valor econômico agregado (vea). indicadores contábeis. gestão baseada no valor. |
author_facet |
Ana Carolina Costa Corrêa Alexandre Assaf Neto Sílvio Hiroshi Nakao Alyne Anteveli Osajima |
author_sort |
Ana Carolina Costa Corrêa |
title |
The relevance of accounting information in the identification of value creating companies: a study of the brazilian electricity sector |
title_short |
The relevance of accounting information in the identification of value creating companies: a study of the brazilian electricity sector |
title_full |
The relevance of accounting information in the identification of value creating companies: a study of the brazilian electricity sector |
title_fullStr |
The relevance of accounting information in the identification of value creating companies: a study of the brazilian electricity sector |
title_full_unstemmed |
The relevance of accounting information in the identification of value creating companies: a study of the brazilian electricity sector |
title_sort |
relevance of accounting information in the identification of value creating companies: a study of the brazilian electricity sector |
publisher |
Universidade Federal de Santa Catarina |
series |
Revista Contemporânea de Contabilidade |
issn |
1807-1821 2175-8069 |
publishDate |
2012-12-01 |
description |
http://dx.doi.org/10.5007/2175-8069.2012v9n18p137
The relevance of accounting information is one of the accounting guiding principles. Knowing that value creation is one of the main objectives of the company, this study sought to identify the most relevant financial indicators for discriminating companies that create value in the Brazilian electricity sector. We used a sample of 52 companies listed on the BM&FBOVESPA, totaling 385 annual statements. The results indicate that there was value generation in 41.82% of cases. In addition, they point four indicators as most relevant: return on equity, bank debt composition, financial independence and composition of debt. |
topic |
relevância da informação contábil. valor econômico agregado (vea). indicadores contábeis. gestão baseada no valor. |
url |
https://periodicos.ufsc.br/index.php/contabilidade/article/view/19596 |
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