Banca de QUALIFICAÇÃO: MAURICIO SOARES DE FARIA JUNIOR

Uma banca de QUALIFICAÇÃO de DOUTORADO foi cadastrada pelo programa.
STUDENT : MAURICIO SOARES DE FARIA JUNIOR
DATE: 11/02/2025
TIME: 14:00
LOCAL: Plataforma Teams
TITLE:

VALUE AND RISK RELEVANCE OF THE COMPREHENSIVE RESULTS OF BRAZILIAN BANKS IN THE CAPITAL AND DEBT MARKETS

KEY WORDS:

Comprehensive Income. Value Relevance. Risk Relevance. Credit Risk. Debt Cost. Banks.

PAGES: 46
BIG AREA: Ciências Sociais Aplicadas
AREA: Administração
SUBÁREA: Ciências Contábeis
SUMMARY:

The study aims to investigate the relevance of comprehensive income (CI) and components of other comprehensive income (OCI) for investors and creditors within Brazilian banks, both for assessing value (value relevance) and market risk (risk relevance). To this end, three studies will be conducted considering Brazilian banks, from 2002 to 2023. The first article focuses on the study of the value relevance of CI and components of OCI for publicly traded Brazilian banks. The second article has as its main question to verify the relevance of CI and components of OCI to explain the total and systematic market risk in these same institutions. The third focuses on the study of the risk relevance of CI and components of OCI for the debt market of Brazilian banks. The paper brings theoretical contributions to the literature on the relevance of accounting information, both for the capital and debt markets, and produces insights for managers and regulators on how CI and the different components of OCI are captured and impact the price and return of shares as well as the cost of capital of banks. The study innovates by filling a gap in the literature on the value and risk relevance of CI and OCI components for the capital market, by examining the issue specifically in the banking sector of a developing country that has not yet been explored. Furthermore, the thesis is innovative in that it deepens the examination of the specific characteristics of the OCI components and the relevance of CI for the bank debt market.

COMMITTEE MEMBERS:
Externa à Instituição - LAURA EDITH TABOADA PINHEIRO - UFMG
Externo à Instituição - DONIZETE REINA - UFES
Presidente - 1999345 - JOSE ALVES DANTAS
Interno - 2221870 - PAULO AUGUSTO PETTENUZZO DE BRITTO