Financial disclosure and international capital mobility in Latin America

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MetadadosDescriçãoIdioma
Autor(es): dc.creatorMedeiros, Otávio Ribeiro de-
Autor(es): dc.creatorQuinteiro, Luis Gustavo do Lago-
Data de aceite: dc.date.accessioned2021-10-14T17:49:55Z-
Data de disponibilização: dc.date.available2021-10-14T17:49:55Z-
Data de envio: dc.date.issued2013-11-11-
Data de envio: dc.date.issued2013-11-11-
Data de envio: dc.date.issued2008-04-
Fonte completa do material: dc.identifierhttp://repositorio.unb.br/handle/10482/14570-
Fonte: dc.identifier.urihttp://educapes.capes.gov.br/handle/capes/617272-
Descrição: dc.descriptionABSTRACT-
Descrição: dc.descriptionThe extant literature provides evidence on the impact of financial disclosure environments on international capital mobility. However, to our knowledge, there are no such studies including Latin-American countries. We aimed to fill this void by assessing the influence of accounting information on international capital mobility in a twenty-two-country sample, including the three largest Latin-American countries: Argentina, Brazil and Mexico. The countries included in the sample represent around 80% of the world’s GDP from 1995 to 2001. Our empirical results show with a 99% confidence level that the degree of disclosure of value-relevant accounting information has positively influenced international capital mobility. We also show, with a 95% confidence level, that countries where financial accounting is less aligned with tax accounting present higher international capital mobility. The three Latin-American countries studied present relatively low levels of disclosure among the sampled countries. However, whereas Argentina and Brazil show low levels of capital mobility, Mexico stands out with a high capital mobility, which we reckon could be accounted for by the country’s trade and investment connections with the US and by its participation in the NAFTA.-
Formato: dc.formatapplication/pdf-
Publicador: dc.publisherAssociação Nacional de Pós-Graduação e Pesquisa em Administração-
Direitos: dc.rightsAcesso Aberto-
Direitos: dc.rightsBrazilian Administration Review - Todo o conteúdo deste periódico, exceto onde está identificado, está licenciado sob uma Licença Creative Commons (Attribution-NonCommercial 3.0 Unported (CC BY-NC 3.0)). Fonte: http://www.scielo.br/scielo.php?script=sci_abstract&pid=S1807-76922008000200006&lng=pt&nrm=iso&tlng=en. Acesso em: 11 nov. 2013-
Palavras-chave: dc.subjectDisclosure-
Palavras-chave: dc.subjectFinanças públicas-
Palavras-chave: dc.subjectAmérica Latina-
Palavras-chave: dc.subjectInvestimentos estrangeiros-
Título: dc.titleFinancial disclosure and international capital mobility in Latin America-
Tipo de arquivo: dc.typelivro digital-
Aparece nas coleções:Repositório Institucional – UNB

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