DISCLOSURE OF RISK MANAGEMENT BY THE COSO’S METHODOLOGY: A STUDY ON THE ADMINISTRATION REPORTS OF BRAZILIAN COMPANIES

• Autor(a) principal: Zonatto, Vinícius Costa da Silva
• Data de Publicação: 2012
• Outros Autores: Beuren, Ilse Maria
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: ConTexto
• Texto Completo: https://seer.ufrgs.br/index.php/ConTexto/article/view/23198
• topic: Disclosure; Risk management of Coso; Administration reports; Evidenciação; Gestão de riscos do coso; Relatórios da administração

The study aims to examine the disclosure levels of risk management by the Coso’s methodology in the administration reports of Brazilian companies. A descriptive research with quantitative approach was performed on the administration reports of 28 Brazilian companies with American Depositary Receipts (ADRs) in the New York Stock Exchange (Nyse), classifying them according to the length of the risk management disclosure. The survey results show that 14.29% of the companies surveyed do not disclose information about risk management. Out of the companies with disclosed information, 25% had their administration reports classified as incomplete long information, 25% as incomplete medium information and 35.71% as incomplete short information. It is concluded that the disclosure levels of basic characteristics recommended by the Committee of Sponsoring Organizations of the Treadway Commission (Coso) are low in the administration reports researched.