Value Added Statement and ESG Information
Autor(a) principal: | |
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Data de Publicação: | 2023 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | por eng |
Título da fonte: | Revista Catarinense da Ciência Contábil (Online) |
Texto Completo: | https://revista.crcsc.org.br/index.php/CRCSC/article/view/3409 |
Resumo: | This research aimed to investigate how the Value-Added Statement (VAS) may contribute as a financial information disclosure source with a social objective compared to the Environmental, Social, and Governance (ESG) measures available in the market. For this, information was collected related to the value-added distributed by 388 Brazilian companies listed on B3 from 2010 to 2022, as well as the respective aggregate ESG indices by pillars and the score of the Refinitiv Eikon database. The factor analysis indicated that the categories of distributed value added clustered only with the Governance pillar, not being related to the social and environmental pillars. However, through regressions with control variables and fixed effects of company and year, it was found that companies with higher levels of value distribution to creditors, which occurs mainly in the form of interest payments, have lower scores in the Environmental pillar, with no relationship between the other variables and pillars. The results indicate, therefore, that the information in the VAS needs to be complemented by the constants in the ESG scores. |
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Value Added Statement and ESG InformationDemonstração do Valor Adicionado e informações ESGDemonstração do valor adicionado (DVA)Responsabilidade SocialESGValue Added Statement (VAS)Social ResponsibilityESGThis research aimed to investigate how the Value-Added Statement (VAS) may contribute as a financial information disclosure source with a social objective compared to the Environmental, Social, and Governance (ESG) measures available in the market. For this, information was collected related to the value-added distributed by 388 Brazilian companies listed on B3 from 2010 to 2022, as well as the respective aggregate ESG indices by pillars and the score of the Refinitiv Eikon database. The factor analysis indicated that the categories of distributed value added clustered only with the Governance pillar, not being related to the social and environmental pillars. However, through regressions with control variables and fixed effects of company and year, it was found that companies with higher levels of value distribution to creditors, which occurs mainly in the form of interest payments, have lower scores in the Environmental pillar, with no relationship between the other variables and pillars. The results indicate, therefore, that the information in the VAS needs to be complemented by the constants in the ESG scores.O objetivo desta pesquisa é investigar de que forma a Demonstração do Valor Adicionado (DVA) pode contribuir como fonte de divulgação de informação financeira com objetivo social comparativamente à medida Ambiental, Social e de Governança (ESG) disponível em mercado. Para isso, foram coletadas informações relativas ao valor adicionado distribuído por 388 empresas brasileiras listadas na B3 de 2010 a 2022, assim como os respectivos índices ESG agregados, por pilares e por score da base Refinitiv Eikon. A análise fatorial indica que as categorias de valor adicionado distribuído se agrupam apenas com o pilar de Governança, não se relacionando com os pilares social e ambiental. Contudo, por meio de regressões com variáveis de controle e efeitos fixos de empresa e ano, encontra-se que empresas com maiores níveis de distribuição de valor para credores, que ocorre principalmente na forma de pagamentos de juros, têm scores mais baixos no Pilar Ambiental, não havendo relação entre as demais variáveis e pilares. Os resultados indicam, portanto, que as informações constantes na DVA precisam de complemento das constantes nos scores ESG.Conselho Regional de Contabilidade de Santa Catarina2023-10-16info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/pdftext/xmlhttps://revista.crcsc.org.br/index.php/CRCSC/article/view/340910.16930/2237-766220233409Revista Catarinense da Ciência Contábil; Vol. 22 (2023): RCCC; e3409Revista Catarinense da Ciência Contábil; v. 22 (2023): RCCC; e34092237-76621808-378110.16930/2237-76622023reponame:Revista Catarinense da Ciência Contábil (Online)instname:Conselho Regional de Contabilidade de Santa Catarina (CRCSC)instacron:CRCSCporenghttps://revista.crcsc.org.br/index.php/CRCSC/article/view/3409/2562https://revista.crcsc.org.br/index.php/CRCSC/article/view/3409/2563https://revista.crcsc.org.br/index.php/CRCSC/article/view/3409/265910.16930/2237-766220233409110.16930/2237-7662202334092Copyright (c) 2023 Revista Catarinense da Ciência Contábilhttps://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessChecon, Bianca QuirantesSantana, Verônica de Fátima2024-08-22T18:42:33Zoai:ojs.pkp.sfu.ca:article/3409Revistahttp://www.atena.org.br/revista/ojs-2.2.3-06/index.php/crcscPRIhttp://revista.crcsc.org.br/revista/ojs-2.2.3-06/index.php/CRCSC/oai||revista@crcsc.org.br2237-76621808-3781opendoar:2024-08-22T18:42:33Revista Catarinense da Ciência Contábil (Online) - Conselho Regional de Contabilidade de Santa Catarina (CRCSC)false |
dc.title.none.fl_str_mv |
Value Added Statement and ESG Information Demonstração do Valor Adicionado e informações ESG |
title |
Value Added Statement and ESG Information |
spellingShingle |
Value Added Statement and ESG Information Checon, Bianca Quirantes Demonstração do valor adicionado (DVA) Responsabilidade Social ESG Value Added Statement (VAS) Social Responsibility ESG |
title_short |
Value Added Statement and ESG Information |
title_full |
Value Added Statement and ESG Information |
title_fullStr |
Value Added Statement and ESG Information |
title_full_unstemmed |
Value Added Statement and ESG Information |
title_sort |
Value Added Statement and ESG Information |
author |
Checon, Bianca Quirantes |
author_facet |
Checon, Bianca Quirantes Santana, Verônica de Fátima |
author_role |
author |
author2 |
Santana, Verônica de Fátima |
author2_role |
author |
dc.contributor.author.fl_str_mv |
Checon, Bianca Quirantes Santana, Verônica de Fátima |
dc.subject.por.fl_str_mv |
Demonstração do valor adicionado (DVA) Responsabilidade Social ESG Value Added Statement (VAS) Social Responsibility ESG |
topic |
Demonstração do valor adicionado (DVA) Responsabilidade Social ESG Value Added Statement (VAS) Social Responsibility ESG |
description |
This research aimed to investigate how the Value-Added Statement (VAS) may contribute as a financial information disclosure source with a social objective compared to the Environmental, Social, and Governance (ESG) measures available in the market. For this, information was collected related to the value-added distributed by 388 Brazilian companies listed on B3 from 2010 to 2022, as well as the respective aggregate ESG indices by pillars and the score of the Refinitiv Eikon database. The factor analysis indicated that the categories of distributed value added clustered only with the Governance pillar, not being related to the social and environmental pillars. However, through regressions with control variables and fixed effects of company and year, it was found that companies with higher levels of value distribution to creditors, which occurs mainly in the form of interest payments, have lower scores in the Environmental pillar, with no relationship between the other variables and pillars. The results indicate, therefore, that the information in the VAS needs to be complemented by the constants in the ESG scores. |
publishDate |
2023 |
dc.date.none.fl_str_mv |
2023-10-16 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://revista.crcsc.org.br/index.php/CRCSC/article/view/3409 10.16930/2237-766220233409 |
url |
https://revista.crcsc.org.br/index.php/CRCSC/article/view/3409 |
identifier_str_mv |
10.16930/2237-766220233409 |
dc.language.iso.fl_str_mv |
por eng |
language |
por eng |
dc.relation.none.fl_str_mv |
https://revista.crcsc.org.br/index.php/CRCSC/article/view/3409/2562 https://revista.crcsc.org.br/index.php/CRCSC/article/view/3409/2563 https://revista.crcsc.org.br/index.php/CRCSC/article/view/3409/2659 10.16930/2237-7662202334091 10.16930/2237-7662202334092 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2023 Revista Catarinense da Ciência Contábil https://creativecommons.org/licenses/by/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2023 Revista Catarinense da Ciência Contábil https://creativecommons.org/licenses/by/4.0 |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf application/pdf text/xml |
dc.publisher.none.fl_str_mv |
Conselho Regional de Contabilidade de Santa Catarina |
publisher.none.fl_str_mv |
Conselho Regional de Contabilidade de Santa Catarina |
dc.source.none.fl_str_mv |
Revista Catarinense da Ciência Contábil; Vol. 22 (2023): RCCC; e3409 Revista Catarinense da Ciência Contábil; v. 22 (2023): RCCC; e3409 2237-7662 1808-3781 10.16930/2237-76622023 reponame:Revista Catarinense da Ciência Contábil (Online) instname:Conselho Regional de Contabilidade de Santa Catarina (CRCSC) instacron:CRCSC |
instname_str |
Conselho Regional de Contabilidade de Santa Catarina (CRCSC) |
instacron_str |
CRCSC |
institution |
CRCSC |
reponame_str |
Revista Catarinense da Ciência Contábil (Online) |
collection |
Revista Catarinense da Ciência Contábil (Online) |
repository.name.fl_str_mv |
Revista Catarinense da Ciência Contábil (Online) - Conselho Regional de Contabilidade de Santa Catarina (CRCSC) |
repository.mail.fl_str_mv |
||revista@crcsc.org.br |
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