Banca de DEFESA: Joao Carlos Goncalves

Uma banca de DEFESA de MESTRADO foi cadastrada pelo programa.
STUDENT : Joao Carlos Goncalves
DATE: 27/02/2023
TIME: 15:00
LOCAL: Ambiente Virtual Teams
TITLE:

CREDIT RISK CLASSIFICATION OF AIRLINE COMPANIES BY RATING AGENCIES: STUDY BEFORE AND AFTER THE IMPLEMENTATION OF IFRS 16

KEY WORDS:

IFRS 16; leasing; Credit rating; Rating agencies; Constructive capitalization method; Factorial method.

PAGES: 63
BIG AREA: Ciências Sociais Aplicadas
AREA: Administração
SUBÁREA: Ciências Contábeis
SUMMARY:

This dissertation is part of the Accounting and Financial Market research line of the Postgraduate Program in Accounting Sciences of the University of Brasília (UnB).This research was developed on the credit risk classification of airlines by rating agencies: Study before and after the implementation of IFRS 16.The problem to be answered in this study was based on the credit risk classification of airlines by rating agencies: Study before and after the implementation of IFRS 16. The general objective was built on the analysis of how was the credit risk classification of airlines by the rating agencies: Study before and after IFRS 16. For this purpose we considered four specific objectives cancatenated with the research theme:1- Analyse how risk rating agencies treated leasing on airline balance sheets; 2- Evaluate the applicable criteria for leasing operations: before IFRS 16 and after IFRS 16; 3-Examine whether rating agencies use disclosed operating leases when assessing companies’ credit risk;4-Investigate whether risk rating agencies assign the same treatment as operational leases to finance leases when determing ratings.This is a quali-quanti research that, in qualitative terms, is concerned with deepening the understanding of a given phenomenon, focusing on aspects of the quantitative approach and a statistical tool was chosen for logistic regression. This methodological route sought to explain cocnceptual aspects of how the rating agencies evaluated the risk of airlines, before and after IFRS 16, since operating leasing was already considered as a financed asset of the balance sheets of airlines,according to the adopted factorial or constructive capitalization airlines by lessee companies.The statistical part includes the study bringing 38 airlines, with accounting data before and after the new leasing regulations, that is, IFRS 16/ CPC 06-R2.As a result, this research brought evidence that the rating agencies already considered operating leasing, using the factorial or multiple metric, in the classification of the credit risk of arlines.

BANKING MEMBERS:
Presidente - 2122897 - JORGE KATSUMI NIYAMA
Interno - 1999345 - JOSE ALVES DANTAS
Interna - 2002946 - MARIANA GUERRA
Externo à Instituição - RAIMUNDO NONATO RODRIGUES - UFPE