Provisão para créditos de liquidação duvidosa e suavização de resultados dos bancos brasileiros

Abstract

The objective of this monography was to analyze if there is result management by publicly traded banks in Brazil, looking what is the relationship between the provision for doubtful accounts (PCLD) and the macroeconomic indicators, PIB and SELIC. The rules that establish what constitutes the provision leave the possibility of using discretionary margin (estimated unregulated value), for the constitution of the PCLD, therefore estimating these amounts is intended to bring benefits to the institution that reports the accounting information. The sample consisted of 22 publicly traded banks, which trade their stocks in B3, financial institutions were analyzed during the period from 2011 to 2018, the robust “pooled” regression model was estimated, with a total of 175 observations. The results statistical significance at the 5% level for the growth loans, which represents the increase in the loan portfolio, and loans representing the volume of the loan portfolio, in relation to the dependent variable PCLD, were statistically significant at the 5% level, the SELIC also presented influence on the constitution of the provision, and the reduction in the basic interest rate also reduces the PCLD's levels