PREVISÃO DA MATERIALIZAÇÃO DO RISCO DE INSOLVÊNCIA DO GRUPO OI

Abstract

This article discusses whether the accounting information disclosed by the OI Group subsidized the forecast of the materialization of the insolvency risk (request for judicial recovery). Based on Brito and Assaf Neto s (2008) insolvency forecast model and the analysis of the Balance Sheet, Statement of Income and Cash Flow, Sustainability Report and Management and Explanatory Notes published between 2009 and 2015, it was found that the recurrent corporate restructuring processes generated discontinued operations; increase in financial expenses and indebtedness; decrease in revenue generating units and a decrease in the generation of resources, leading to insolvency.