This study aimed to verify the determinants of goodwill impairment (GOODWIMP) loss recognition in Brazilian companies. For this, a descriptive and documentary study was carried out in which information was collected from databases and explanatory notes using a quantitative approach. The study sample was comprised of Brazilian companies listed on the Thomson database, totaling 91 companies and 346 observations. Data were collected from 2011 to 2014. For the treatment and analysis of the data, logistic regression with panel data was used. The results show that the factors change in management (CHMAN), book-to-market (BM), number of cash generating units (CGU), variation in return on assets (ΔROA) and goodwill (GOODW) were significant in determining GOODWIMP losses. These findings indicate that in addition to economic factors, managers' actions are associated with the recognition of such losses, which can be characterized as incentives for earnings management (EM) practices. Therefore, it is generally concluded that the GOODWIMP losses recognized in the companies analyzed may not only have been used to reduce their assets to recoverable amounts, but also to achieve results consistent with the objectives of managers.

This study aims at analyzing the relationship between determinant factors of disclosure of information on environmental impacts of Brazilian companies. A descriptive, documental and quantitative research was conducted through a sample of 97 Brazilian companies. In the Sustainability Reports and in the Annual Reports information, five environmental aspects were collected: emissions, effluents, wastes, products and services; and transport, which were used to measure the degree of environmental disclosure. This concludes that there is a relationship between the variables investigated in all analyzed years. The size, audit and Global Reporting Initiative (GRI) are associated with disclosure and the Corporate Sustainability Index (CSI), Pollution Potential (POTEN), governance, stocks, Return on Assets (ROA) and Return on Equity (ROE) are not

RESUMOEste estudo objetiva verificar a relação entre o nível de intangibilidade e o desempenho econômico e social das empresas listadas na BM&FBovespa. Realizou-se uma pesquisa descritiva, documental e com uma abordagem quantitativa dos dados durante o período de 2009 a 2012, por meio de uma correlação canônica. A amostra da pesquisa é composta por 131 empresas pertencentes ao Índice de Governança Corporativa (IGC). Os resultados indicam que o desempenho econômico e o desempenho social não apresentaram relação significativa e relevante com o grau de intangibilidade das empresas brasileiras. Em relação à comparação do desempenho econômico foram utilizados indicadores tradicionais e o desempenho social de indicadores provenientes da DVA (Demonstração do Valor Adicionado). Os resultados evidenciaram que há uma forte relação entre as duas categorias de desempenho. Além disso, a intangibilidade não possui relação com o desempenho da empresa no âmbito social e econômico, porém esses são fortemente relacionados entre si. Palavras-chave: Intangibilidade; desempenho econômico; desempenho social. ABSTRACTThis study aims to investigate the relationship between the level of intangibility and the economic and social performances of companies listed in BM&FBovespa. We conducted a descriptive, documental research, using a quantitative data approach during the period of 2009-2012, through a canonical correlation. The sample consists of 131 companies belonging to the Corporate Governance Index (IGC, in the Portuguese acronym). The results indicate that the economic and social performances do not present significant and relevant relation to the intangibility degree of the Brazilian companies. Regarding the comparison of economic performance, we used traditional indicators, and for social performance, indicators from the Value Added Statement (VAS). The results showed that there is a strong relationship between the two performance categories. Moreover, the intangibility has no relationship with the company's performance in social and economic context, but these two performance categories are strongly related to each other.

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