Mudança no Critério de Contabilização de Instrumentos Financeiros pelo IASB: estudo de evento sobre os títulos soberanos da Grécia,

• Ano de defesa: 2014
• Autor(a) principal: Velozo, Erica Jann
• Orientador(a): Lima, Alvaro Vieira
• Banca de defesa: Terra, Branca Regina Cantisano dos Santos e Silva Riscado , Carvalho, Frederico Antonio Azevedo de
• Tipo de documento: Dissertação
• Tipo de acesso: Acesso aberto
• Idioma: por
• Instituição de defesa: Universidade do Estado do Rio de Janeiro
• Programa de Pós-Graduação: Programa de Pós-Graduação em Ciências Contábeis
• Departamento: Centro de Ciências Sociais::Faculdade de Administração e Finanças
• País: BR
• Palavras-chave em Português: Hipótese de Mercado Eficiente; Estudo de Evento; Crise grega; Basiléia; Mercado financeiro; Mercado futuro; Fluxo de caixa
• Palavras-chave em Inglês: Efficient Market Hypothesis; Study Event; Greek crisis; Basel
• Área do conhecimento CNPq: CNPQ::CIENCIAS SOCIAIS APLICADAS::ADMINISTRACAO::CIENCIAS CONTABEIS
• Link de acesso: http://www.bdtd.uerj.br/handle/1/8163

The changes made by the IASB in 2008 on the classification of financial instruments to reduce bank losses due the subprime crisis and sovereign bonds of member countries of the European Union, following a request filed by the Commission of the European Union, stimulated this research. This change gave rise to the change of the evaluation criterion, which went from fair value to amortized value for the reclassified instruments, although some banks have not adhered to the reclassification, keeping the original direction that determined the valuation at fair value. Through Event Study tested the hypothesis Market Efficiency - HME, analyzing 33 banks holding Greek sovereign bonds And as evidenced by the survey results, the market was fair to those institutions, penalizing them based on the degree of exposure to Greek bonds, regardless of the criteria used, confirming the HEM: the value of an asset is the present value of future cash flows and not profits. An important result was that governments, through the third revision of the Basel Capital Agreement, adopted measures to regulate more strictly the financial institutions, in order that these institutions in the future to better withstand the effects of a financial crisis.