DEPENDENT RELATIONSHIP BETWEEN SOCIAL AND ENVIRONMENTAL VOLUNTARY DISCLOSURE AND CHARACTERISTICS OF OPEN CAPITAL COMPANIES IN BRAZIL

• Autor(a) principal: Rufino, Maria Audenôra
• Data de Publicação: 2017
• Outros Autores: Machado, Márcia Reis
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Revista Ambiente Contábil
• Texto Completo: https://periodicos.ufrn.br/ambiente/article/view/8997

The purpose of this study was to analyze the relationship dependence between social and environmental voluntary disclosure and characteristics profitability, debt, equity and property size of companies listed on the BM & FBovespa. The research universe was the public companies listed on the BM & FBovespa, in the periods from 2010 to 2012. The sample was composed of 79 companies listed on the BM&FBovespa with most traded shares in 2012 and who reported at least one sustainability report/annual report. The social and environmental voluntary disclosure was measured by a metric of 80 items, which made it possible to obtain the indexes. Specific features analyzed were: profitability, indebtedness, ownership concentration and size of companies. The influence of business characteristics of the voluntary disclosure level of social and environmental background information was verified by the chi-square test (X2) and Correspondence Analysis (ANACOR). The results show that profitability (ROE), the ownership concentration, measured by the share ownership of the major shareholder of the company, in a dependent relationship and correspondence with the social voluntary disclosure index. As for the environmental voluntary disclosure index, only the variable ownership concentration showed a dependent relationship with content. The leverage variable, which measures the level of indebtedness of the companies, was independent in terms of social and environmental disclosure. As for the variable size, which sought to measure the existence of dependence between the size of companies and the level of social and environmental disclosure, the chi-square test found no relationship of dependency between variables.Keywords: Social and Environmental Disclosure. ANACOR. Enterprise Characteristics.