Corporate governance and political connections in anticorruption practices
The objective of this study is to analyze whether specific corporate governance mechanisms and political connections influence the voluntary disclosure of anti-corruption practices in the companies listed in the Brazilian stock exchange [B]3. The disclosure index was obtained from the relationship b...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Fundação Getulio Vargas, Escola de Administração de Empresas de São Paulo
2021-03-01
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| Series: | RAE: Revista de Administração de Empresas |
| Subjects: | |
| Online Access: | http://www.scielo.br/pdf/rae/v61n2/en_0034-7590-rae-61-02-e20190797.pdf |
| _version_ | 1827165137755176960 |
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| author | Sirlene Koprowski Viviane Krein Sady Mazzioni Cristian Baú Dal Magro |
| author_facet | Sirlene Koprowski Viviane Krein Sady Mazzioni Cristian Baú Dal Magro |
| author_sort | Sirlene Koprowski |
| collection | DOAJ |
| description | The objective of this study is to analyze whether specific corporate governance mechanisms and political connections influence the voluntary disclosure of anti-corruption practices in the companies listed in the Brazilian stock exchange [B]3. The disclosure index was obtained from the relationship between the number of citations of the keywords and the number of pages in the sustainability reports. The analysis was performed using multiple linear regression, considering 740 observations from financial years 2016 and 2017. The results indicate that the size and percentage of external members on the board of directors, Big Four audits, size of the audit committee, and participation of government shareholding positively influence the levels of disclosure of anti-corruption practices. In turn, the presence of politicians on the board of directors leads to an increase in information asymmetry due to a lower level of disclosure, which, by extension, represents less commitment to anti-corruption practices. |
| first_indexed | 2024-03-12T08:23:47Z |
| format | Article |
| id | doaj.art-85ed771fb0624e8bbfde8a4b867f4940 |
| institution | Directory Open Access Journal |
| issn | 0034-7590 2178-938X |
| language | English |
| last_indexed | 2025-03-21T01:27:43Z |
| publishDate | 2021-03-01 |
| publisher | Fundação Getulio Vargas, Escola de Administração de Empresas de São Paulo |
| record_format | Article |
| series | RAE: Revista de Administração de Empresas |
| spelling | doaj.art-85ed771fb0624e8bbfde8a4b867f49402024-08-03T01:10:29ZengFundação Getulio Vargas, Escola de Administração de Empresas de São PauloRAE: Revista de Administração de Empresas0034-75902178-938X2021-03-01612Corporate governance and political connections in anticorruption practicesSirlene Koprowski0Viviane Krein1Sady Mazzioni2Cristian Baú Dal Magro3Universidade Comunitária da Região de Chapecó, Programa de Pós-Graduação em Ciências Contábeis e Administração, Chapecó, SC, BrazilUniversidade Comunitária da Região de Chapecó, Programa de Pós-Graduação em Ciências Contábeis e Administração, Chapecó, SC, BrazilUniversidade Comunitária da Região de Chapecó, Programa de Pós-Graduação em Ciências Contábeis e Administração, Chapecó, SC, BrazilUniversidade Comunitária da Região de Chapecó, Programa de Pós-Graduação em Ciências Contábeis e Administração, Chapecó, SC, BrazilThe objective of this study is to analyze whether specific corporate governance mechanisms and political connections influence the voluntary disclosure of anti-corruption practices in the companies listed in the Brazilian stock exchange [B]3. The disclosure index was obtained from the relationship between the number of citations of the keywords and the number of pages in the sustainability reports. The analysis was performed using multiple linear regression, considering 740 observations from financial years 2016 and 2017. The results indicate that the size and percentage of external members on the board of directors, Big Four audits, size of the audit committee, and participation of government shareholding positively influence the levels of disclosure of anti-corruption practices. In turn, the presence of politicians on the board of directors leads to an increase in information asymmetry due to a lower level of disclosure, which, by extension, represents less commitment to anti-corruption practices.http://www.scielo.br/pdf/rae/v61n2/en_0034-7590-rae-61-02-e20190797.pdfcorporate governancepolitical linksdisclosureanti-corruptionaudit |
| spellingShingle | Sirlene Koprowski Viviane Krein Sady Mazzioni Cristian Baú Dal Magro Corporate governance and political connections in anticorruption practices RAE: Revista de Administração de Empresas corporate governance political links disclosure anti-corruption audit |
| title | Corporate governance and political connections in anticorruption practices |
| title_full | Corporate governance and political connections in anticorruption practices |
| title_fullStr | Corporate governance and political connections in anticorruption practices |
| title_full_unstemmed | Corporate governance and political connections in anticorruption practices |
| title_short | Corporate governance and political connections in anticorruption practices |
| title_sort | corporate governance and political connections in anticorruption practices |
| topic | corporate governance political links disclosure anti-corruption audit |
| url | http://www.scielo.br/pdf/rae/v61n2/en_0034-7590-rae-61-02-e20190797.pdf |
| work_keys_str_mv | AT sirlenekoprowski corporategovernanceandpoliticalconnectionsinanticorruptionpractices AT vivianekrein corporategovernanceandpoliticalconnectionsinanticorruptionpractices AT sadymazzioni corporategovernanceandpoliticalconnectionsinanticorruptionpractices AT cristianbaudalmagro corporategovernanceandpoliticalconnectionsinanticorruptionpractices |