Do Brazilian Corporations Disclose Environmental Information? Evidences from Financial Statements Published in the New York Securities Exchange (NYSE) and in the Bolsa de Valores de São Paulo (BOVESPA)
Autor(a) principal: | |
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Data de Publicação: | 2008 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | por |
Título da fonte: | Revista Catarinense da Ciência Contábil (Online) |
Texto Completo: | https://revista.crcsc.org.br/index.php/CRCSC/article/view/1069 |
Resumo: | This study adopts an exploratory-descriptive approach in order to examine environmental information published by Brazilian corporations. A comparison between the environmental information disclosured in the Brazilian Market (BOVESPA) and the United States Market (NYSE) was conducted. A content analysis has been carried out in corporate financial statements for the period of 2002-2004. The sample was composed by Brazilian corporations listed in the New York Stock Exchange that were members of industries (sectors) with high and medium pollution potential according to the Brazilian Law 10.165/2000. Of the three hypotheses initially formulated, only one was confirmed: the amount of environmental information disclosured by Brazilian corporations is increasing over the course of the 3 years. However, there is an information asymmetry between the Brazilian Market and the North American Market. This study evidences the Brazilian corporation’s disclosure more information in the North American Market. At the same time, only two corporations seem to evidence specific information about environmental liabilities. Although a small number of years were analyzed, this study’s findings raises questions about the credibility of the data disclosure by Brazilian corporations in both markets and alerts financial statements user’s of possible signs of manipulation of relevant environmental information. |
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Do Brazilian Corporations Disclose Environmental Information? Evidences from Financial Statements Published in the New York Securities Exchange (NYSE) and in the Bolsa de Valores de São Paulo (BOVESPA)Environmental disclosureBrazilian corporationsGreen reportingThis study adopts an exploratory-descriptive approach in order to examine environmental information published by Brazilian corporations. A comparison between the environmental information disclosured in the Brazilian Market (BOVESPA) and the United States Market (NYSE) was conducted. A content analysis has been carried out in corporate financial statements for the period of 2002-2004. The sample was composed by Brazilian corporations listed in the New York Stock Exchange that were members of industries (sectors) with high and medium pollution potential according to the Brazilian Law 10.165/2000. Of the three hypotheses initially formulated, only one was confirmed: the amount of environmental information disclosured by Brazilian corporations is increasing over the course of the 3 years. However, there is an information asymmetry between the Brazilian Market and the North American Market. This study evidences the Brazilian corporation’s disclosure more information in the North American Market. At the same time, only two corporations seem to evidence specific information about environmental liabilities. Although a small number of years were analyzed, this study’s findings raises questions about the credibility of the data disclosure by Brazilian corporations in both markets and alerts financial statements user’s of possible signs of manipulation of relevant environmental information.Conselho Regional de Contabilidade de Santa Catarina2008-12-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://revista.crcsc.org.br/index.php/CRCSC/article/view/106910.16930/2237-7662/rccc.v7n21p9-22Revista Catarinense da Ciência Contábil; Vol. 7 No. 21 (2008): Agosto-Novembro; p. 09-22Revista Catarinense da Ciência Contábil; v. 7 n. 21 (2008): Agosto-Novembro; p. 09-222237-76621808-3781reponame:Revista Catarinense da Ciência Contábil (Online)instname:Conselho Regional de Contabilidade de Santa Catarina (CRCSC)instacron:CRCSCporhttps://revista.crcsc.org.br/index.php/CRCSC/article/view/1069/1002Copyright (c) 2011 Revista Catarinense da Ciência Contábilhttps://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessBorba, José AlonsoRover, SulianiMurcia, Fernando Dal-Ri2024-03-19T13:13:59Zoai:ojs.pkp.sfu.ca:article/1069Revistahttp://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:2024-03-19T13:13:59Revista Catarinense da Ciência Contábil (Online) - Conselho Regional de Contabilidade de Santa Catarina (CRCSC)false |
dc.title.none.fl_str_mv |
Do Brazilian Corporations Disclose Environmental Information? Evidences from Financial Statements Published in the New York Securities Exchange (NYSE) and in the Bolsa de Valores de São Paulo (BOVESPA) |
title |
Do Brazilian Corporations Disclose Environmental Information? Evidences from Financial Statements Published in the New York Securities Exchange (NYSE) and in the Bolsa de Valores de São Paulo (BOVESPA) |
spellingShingle |
Do Brazilian Corporations Disclose Environmental Information? Evidences from Financial Statements Published in the New York Securities Exchange (NYSE) and in the Bolsa de Valores de São Paulo (BOVESPA) Borba, José Alonso Environmental disclosure Brazilian corporations Green reporting |
title_short |
Do Brazilian Corporations Disclose Environmental Information? Evidences from Financial Statements Published in the New York Securities Exchange (NYSE) and in the Bolsa de Valores de São Paulo (BOVESPA) |
title_full |
Do Brazilian Corporations Disclose Environmental Information? Evidences from Financial Statements Published in the New York Securities Exchange (NYSE) and in the Bolsa de Valores de São Paulo (BOVESPA) |
title_fullStr |
Do Brazilian Corporations Disclose Environmental Information? Evidences from Financial Statements Published in the New York Securities Exchange (NYSE) and in the Bolsa de Valores de São Paulo (BOVESPA) |
title_full_unstemmed |
Do Brazilian Corporations Disclose Environmental Information? Evidences from Financial Statements Published in the New York Securities Exchange (NYSE) and in the Bolsa de Valores de São Paulo (BOVESPA) |
title_sort |
Do Brazilian Corporations Disclose Environmental Information? Evidences from Financial Statements Published in the New York Securities Exchange (NYSE) and in the Bolsa de Valores de São Paulo (BOVESPA) |
author |
Borba, José Alonso |
author_facet |
Borba, José Alonso Rover, Suliani Murcia, Fernando Dal-Ri |
author_role |
author |
author2 |
Rover, Suliani Murcia, Fernando Dal-Ri |
author2_role |
author author |
dc.contributor.author.fl_str_mv |
Borba, José Alonso Rover, Suliani Murcia, Fernando Dal-Ri |
dc.subject.por.fl_str_mv |
Environmental disclosure Brazilian corporations Green reporting |
topic |
Environmental disclosure Brazilian corporations Green reporting |
description |
This study adopts an exploratory-descriptive approach in order to examine environmental information published by Brazilian corporations. A comparison between the environmental information disclosured in the Brazilian Market (BOVESPA) and the United States Market (NYSE) was conducted. A content analysis has been carried out in corporate financial statements for the period of 2002-2004. The sample was composed by Brazilian corporations listed in the New York Stock Exchange that were members of industries (sectors) with high and medium pollution potential according to the Brazilian Law 10.165/2000. Of the three hypotheses initially formulated, only one was confirmed: the amount of environmental information disclosured by Brazilian corporations is increasing over the course of the 3 years. However, there is an information asymmetry between the Brazilian Market and the North American Market. This study evidences the Brazilian corporation’s disclosure more information in the North American Market. At the same time, only two corporations seem to evidence specific information about environmental liabilities. Although a small number of years were analyzed, this study’s findings raises questions about the credibility of the data disclosure by Brazilian corporations in both markets and alerts financial statements user’s of possible signs of manipulation of relevant environmental information. |
publishDate |
2008 |
dc.date.none.fl_str_mv |
2008-12-01 |
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/1069 10.16930/2237-7662/rccc.v7n21p9-22 |
url |
https://revista.crcsc.org.br/index.php/CRCSC/article/view/1069 |
identifier_str_mv |
10.16930/2237-7662/rccc.v7n21p9-22 |
dc.language.iso.fl_str_mv |
por |
language |
por |
dc.relation.none.fl_str_mv |
https://revista.crcsc.org.br/index.php/CRCSC/article/view/1069/1002 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2011 Revista Catarinense da Ciência Contábil https://creativecommons.org/licenses/by/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2011 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 |
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. 7 No. 21 (2008): Agosto-Novembro; p. 09-22 Revista Catarinense da Ciência Contábil; v. 7 n. 21 (2008): Agosto-Novembro; p. 09-22 2237-7662 1808-3781 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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