ANALYSIS OF DISCLOSURE LEVEL OF SEGMENT REPORTING IN BRAZILIAN COMPANIES LISTED IN THE IBRX-50

The objective of the research is to identify the disclosure level and variables that influence the dissemination of segment reporting in Brazilian listed companies in the years 2010 to 2014. The final survey sample was comprised of 45 companies that compose the IBrX-50 index of BM& FBovespa. It is a descriptive research, with a quantitative approach, and documentary nature. The study was based on analysis of the explanatory notes, and applied the regression model with panel date. The results show an increase in the level of disclosure of 57% of the items. By analyzing the notes to the components of the sample in the four years, it was found that 6.7% of the companies did not present segment information in 2010, 4.4% in 2011, 2.2% in 2012, 2.2% 2013 and 2014 all the sample companies submitted the information by segment. Among those presenting segment information, 19% of companies reported that they had only a segment in 2010, 20,9% in 2011, 22,7% in 2012, 25% in 2013 and 26,7% in 2014. It is also noted that among companies with two or more segments, companies with higher levels of debt tend to have a higher level of disclosure of segment information.