Escolhas contábeis na mensuração após reconhecimento de propriedade para Investimento: um estudo sobre a relação com a criação e distribuição de riqueza da empresa

Abstract

The accounting choice made by managers for later measurement by the cost or fair value method in the equity items available in the financial statements has relevant impacts on the decision-making of internal and external users, especially in publicly traded companies. Such accounting choices, as shown in the literature, can be influenced by the interests of managers. No studies were found that investigated the generation of wealth and its form of distribution as possible motivations for managers in making accounting choices. Thus, the present research aims to identify relationships between the accounting choice made by managers in the subsequent measurement of Investment Properties (PPI) at cost or fair value and the distribution and generation profile of wealth extracted from the Value Added Statement (DVA) of publicly traded companies listed on B3. From this, companies with PPI balance were identified, 91 companies were analyzed and the Wilcoxon-Mann-Whitney non-parametric test was applied. As a result, it was identified that, although most companies opted for historical cost, even with the IASB's recommendation for disclosure and use of fair value for later recognition of PPI, a representative number of companies use historical cost. As for the relationship of choice with the DVA, it was found that the generation of wealth showed a statistical difference between the groups of companies that opted for different choices, and companies that opted for the historical cost presented a median of total added value greater than the opted for fair value, as well as greater distribution of wealth in dividends.