Disclosure Of Intangible Assets For Businesses Of Electric Power Industry: A Comparative Analysis With Listed Companies In Bovespa between 2006 and 2012.

Abstract

The objective of this article was verify how the companies evidenced the Intangible Asset (IA) before the criation of the CPC 04 and if have happened meaning changes about this fact. As specific objective, we sought verify if would have difference in the level of disclosure, according to the leven of Corporate Governance [CG]. The research was classified as qualitative and descriptive in nature, with technique for collecting documentary data. The research's population was composed of 66 Electricity Companies that trade their shares in BM&FBovespa, with a sample of 17 participating companies of levels of CG. For analysis purposes, a checklist was used containing the items listed in CPC 04, to determine the compliance or noncompliance of these terms. The results indicated that, in 2006, there was already evidence of disclosure of IA, have presented informations about 9 itens of check-list. In 2009, became expressive the level of disclosure. Already in 2012, it's possible visualize greater adherence by companies, due the time interval for adjustments to the recommendations of CPC 04, obtaining 17 itens met. It was found that companies, after the criation of CPC 04, have started to jin it's recommendations, increasing the level of transparency of their statements. It can also be concluded the leven of disclosure is conditioned to segmentation of CG, due the chargeability of information relevant to each level.