Social Disclosure das empresas brasileiras listadas na NYSE e na BOVESPA: sua relação com os níveis de governança corporativa
Transparency in accounting information adds credibility to the companies in the eyes of their investors, highlighting the results obtained through social projects. This article investigates if the requirements of corporative governance defined by BOVESPA and NYSE contribute to the disclosure, for in...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | Portuguese |
| Published: |
Universidade Federal de Santa Catarina
2008-01-01
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| Series: | Revista Contemporânea de Contabilidade |
| Online Access: | http://www.redalyc.org/articulo.oa?id=76212296004 |
| Summary: | Transparency in accounting information adds credibility to the companies in the eyes of their investors, highlighting the results obtained through social projects. This article investigates if the requirements of corporative governance defined by BOVESPA and NYSE contribute to the disclosure, for investors, of resources allocated to social projects. The results indicate that the levels of corporative governance defined by BOVESPA have no influence on the level of social disclosure, since the Level 2 companies obtained better results than the New Market companies. Furthermore, the Brazilian companies listed on NYSE presented the highest level of social disclosure. |
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| ISSN: | 1807-1821 2175-8069 |