Socio environmental responsibility practices and organizational performance in public companies
Purpose: Analyze the relationship between socio-environmental responsibility practices in the economic and financial performance of companies listed in [B3]. Methodology: Social and environmental information found in the annual sustainability reports published in accordance with the GRI 4 (Global...
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| Format: | Article |
| Language: | Portuguese |
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Universidade Federal do Rio Grande do Norte
2022-01-01
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| Series: | Revista Ambiente Contábil |
| Subjects: | |
| Online Access: | https://periodicos.ufrn.br/ambiente/article/view/27705 |
| _version_ | 1797948326928187392 |
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| author | Naline Tres Claudia Dalla Porta Sady Mazzioni Cristian Baú Dal Magro Daniela Di Domenico |
| author_facet | Naline Tres Claudia Dalla Porta Sady Mazzioni Cristian Baú Dal Magro Daniela Di Domenico |
| author_sort | Naline Tres |
| collection | DOAJ |
| description | Purpose: Analyze the relationship between socio-environmental responsibility practices in the economic and financial performance of companies listed in [B3].
Methodology: Social and environmental information found in the annual sustainability reports published in accordance with the GRI 4 (Global Reporting Initiative) standard were used. For economic performance, the metrics EBITDA and ROA were considered, while for financial performance, market-to-book and Tobin's Q were used, collected on the Economática® platform. Binomial logistic regression was used to evaluate 220 observations corresponding to the period from 2014 to 2018.
Results: It was not possible to verify the relationship between the disclosure of socio-environmental practices on economic performance, measured by the companies' accounting result variables. However, it suggests that there is a negative influence of the disclosure of information on socio-environmental practices on the financial performance measured by market variables.
Study Contributions: Despite the demands made by the set of stakeholders on companies for the practice of socioenvironmental actions, the market does not favorably recognize the organizational effort. The results point to indications that investors may consider organizational investments in socioenvironmental practices as undesirable. |
| first_indexed | 2024-04-10T21:41:37Z |
| format | Article |
| id | doaj.art-8e3e4f3e48da4f40811ff606eaf859ac |
| institution | Directory Open Access Journal |
| issn | 2176-9036 |
| language | Portuguese |
| last_indexed | 2024-04-10T21:41:37Z |
| publishDate | 2022-01-01 |
| publisher | Universidade Federal do Rio Grande do Norte |
| record_format | Article |
| series | Revista Ambiente Contábil |
| spelling | doaj.art-8e3e4f3e48da4f40811ff606eaf859ac2023-01-18T22:50:54ZporUniversidade Federal do Rio Grande do NorteRevista Ambiente Contábil2176-90362022-01-0114110.21680/2176-9036.2022v14n1ID2770522839Socio environmental responsibility practices and organizational performance in public companiesNaline Tres0https://orcid.org/0000-0003-2419-7226Claudia Dalla Porta1https://orcid.org/0000-0003-3366-6418Sady Mazzioni2https://orcid.org/0000-0002-8976-6699Cristian Baú Dal Magro3https://orcid.org/0000-0002-7609-5806Daniela Di Domenico4https://orcid.org/0000-0003-3228-3669Master’s student in Accounting and Administration.Master in Accounting and Administration at Universidade Comunitária da Região de Chapecó - UNOCHAPECÓ. Doctor in Accounting Science and Administration.Doctor in Accounting Sciences and Administration.Master in Accounting Sciences at Universidade Regional de Blumenau (FURB).Purpose: Analyze the relationship between socio-environmental responsibility practices in the economic and financial performance of companies listed in [B3]. Methodology: Social and environmental information found in the annual sustainability reports published in accordance with the GRI 4 (Global Reporting Initiative) standard were used. For economic performance, the metrics EBITDA and ROA were considered, while for financial performance, market-to-book and Tobin's Q were used, collected on the Economática® platform. Binomial logistic regression was used to evaluate 220 observations corresponding to the period from 2014 to 2018. Results: It was not possible to verify the relationship between the disclosure of socio-environmental practices on economic performance, measured by the companies' accounting result variables. However, it suggests that there is a negative influence of the disclosure of information on socio-environmental practices on the financial performance measured by market variables. Study Contributions: Despite the demands made by the set of stakeholders on companies for the practice of socioenvironmental actions, the market does not favorably recognize the organizational effort. The results point to indications that investors may consider organizational investments in socioenvironmental practices as undesirable.https://periodicos.ufrn.br/ambiente/article/view/27705corporate social responsibility, performance, publicly-held companies. . |
| spellingShingle | Naline Tres Claudia Dalla Porta Sady Mazzioni Cristian Baú Dal Magro Daniela Di Domenico Socio environmental responsibility practices and organizational performance in public companies Revista Ambiente Contábil corporate social responsibility, performance, publicly-held companies. . |
| title | Socio environmental responsibility practices and organizational performance in public companies |
| title_full | Socio environmental responsibility practices and organizational performance in public companies |
| title_fullStr | Socio environmental responsibility practices and organizational performance in public companies |
| title_full_unstemmed | Socio environmental responsibility practices and organizational performance in public companies |
| title_short | Socio environmental responsibility practices and organizational performance in public companies |
| title_sort | socio environmental responsibility practices and organizational performance in public companies |
| topic | corporate social responsibility, performance, publicly-held companies. . |
| url | https://periodicos.ufrn.br/ambiente/article/view/27705 |
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