Grau de cumprimento com as recomendações do Basel Committee on Banking Supervis...

• Author(s): Lemos, Kátia ; Rodríguez Ariza, Lázaro ; Rodrigues, Lúcia
• Date: 2014
• Persistent ID: http://hdl.handle.net/11110/598
• Origin: CiencIPCA
• Subject(s): derivative instruments; disclosure index; banking entities
• Document Type: Conference Object
• Language: Portuguese

Description

This study analyzes the level of disclosure on derivatives, in accordance with the recommendations issued by the Basel Committee on Banking Supervision and the Organization of Securities Commission, by Portuguese banks. We have analyzed individual annual reports related to 2009, using a disclosure index based on those recommendations. We concluded that the number of companies that provides information about derivative instruments is quite high, but the average value of disclosure is very low. The information disclosed more frequently is that related to general aspects, followed by information related to accounting and valuation methods.