No abstract

This paper aims to approach concentration in the banking

No abstract

No abstract

No abstract

Reserarch question: the paper investigates the influence of football clubs investments on their performancen the first division of the Brazilian league. Motivation: Considering football as the most important sport in Brazil, representing a cultural symbol of the country, understanding it better becomes necessary. Therefore, it is necessary to investigate the financial amounts involved in the management actions to try to understand the influence of the investments that the clubs make about the marketing and championships improvement and, thus, to be able to delineate the relation between investment and success in Football. Idea: In this perspective, the central hypothesis of this study is that the clubs that present the highest expenditures on soccer will also present the best classifications, since these expenses are related to better training conditions and salaries, which may contribute to the recruitment of the best athletes. Data: The study was conducted with data collected over the internet, using data provided by clubs. Only the clubs belonging to the first division were used, being a total of 19 clubs, divided into 3 groups, according to the investment value in Football. Tools: This study presents descriptive and inferential analyzes, since the qualitative-quantitative approach was assumed as a way of understanding the data. Assuming the number of clubs participating in the study, we chose non-parametric inferential analyzes in the intra- and inter-group evaluations, using the alpha value of 0.05 as criterion. Findings: The results showed that clubs in groups G1 and G2 had similar expenditures dynamics, while G3 group clubs had a slight swing. In addition, clubs in groups G1 and G2 had the largest amount of expenditures, while G3 clubs had the lowest expenditure during the period analyzed. These results demonstrated that the clubs of the G1 and G2 groups achieved the best positions in the championships, corroborating the research hypothesis. Contribution: One can conclude that the investment of the clubs directly influences the classification in the championships, being necessary great investment to conquer the championship. However, this study has some limitations, such as sample size (19 teams only). Therefore, we emphasize the need for new studies.

Up until now accounting standards regarding financial instruments were changed several times. The latest change was the issuance of the IFRS 9 Financial instruments published for the purpose of simplifying the rules in its predecessor IAS 39 Financial instruments: recognition and measurement. From the above mentioned changes of accounting regulatory regime for financial instruments we may conclude that accounting bodies, so far, have not found the adequate approach and treatment for the financial instruments. They considered that fair value would be a revolutionary measure for the financial instruments and that this measure would provide more relevant, transparent and comparable information. But the standard setters did not predict that this measurement attribute might have an effect on earnings power and financial position of a company. In this paper we observe critiqually the main differences between IFRS 9 and IAS 39 regarding the recognition and measurement of financial instruments and with an emphasis on of some problems of early adoption of IFRS 9 by companies.

Abstract:The purpose of this paper is to determine the changes proposed by the IFRS 9 -Financial instruments, regarding the classification of financial assets and its effects on the financial position of a business entity and the results of operations in comparison to the former criteria established by the IAS 39 Financial instruments: recognition and measurement. The issuance of the IFRS 9 in July 2014 was seen as the final stage in the project that IASB established regarding the financial instruments. The business model criteria used by the IFRS 9 are based on the financial, contractual cash flow incurred by the financial instrument or the cash flow caused by selling the instruments. Their proponents believe that these criteria are well-structured, objective and can be easily implemented by the users of financial statements. The former criteria in IAS 39 are based on the management intent regarding the instruments and some proponents of the new standard believe that they cause more judgment and earnings volatility than the newly established criteria. The purpose of this paper is to indicate that the change of classification criteria did not meet the specified goals regarding the comparability of financial statements and possible earnings volatility. The only goals met are related to information relevance and confidentiality.