The Weight of Financial Instruments Risk Disclosure on Brazilian Banks.
Financial Instruments; IFRS 7; Value-Relevance; Risk Disclosure.
The present work has the objective of studying the value- relevance of accounting information presented by Brazilian banks. The study scope was delimited by the understanding that Banking is a segment with high concentration of financial instruments, leading, thus, to greater disclosure related risk susceptibility on such instruments. The sample here developed was chosen by the banking segment of classification on Brazil’s Stock Exchange, B3, resulting in a group of 24publicly listed companies, whose data ranged from 2014 to 2019. The study was conducted using the index presented by Thai e Birt (2019), while under adaptations to allow the use of CPC40, Financial instruments: Recognition, Evaluation and Disclosure, Instrumentos Financeiros: Evidenciação, Brazil’s interpretation of the International Financial Reporting Standards, IFRS,7, enabling the determination of company adherence of accounting standards, on the market measurement of the value-relevance it was used the modified Ohlson (1995) model.