Impact of social responsibility in Financial economic performance of component brazilian companies of Dow Jones Sustainability Index

Detalhes bibliográficos
Autor(a) principal: Vergini, Danielle Paná
Data de Publicação: 2015
Outros Autores: Jacomossi, Fellipe André, Turra, Salete, Hein, Nelson
Tipo de documento: Artigo
Idioma: por
Título da fonte: Revista Eletrônica em Gestão Educação e Tecnologia Ambiental (REGET)
Texto Completo: https://periodicos.ufsm.br/reget/article/view/15846
Resumo: The aim of this study is to analyze the relationship of social indicators with the financial performance of Brazilian companies listed in the dow jones sustainability index. The paper is characterized as descriptive research with quantitative approach and document analysis. Among eight Brazilian companies belong in go the dow jones sustainability index that are considered socially and environmentally responsible in the new york stock exchange, we obtained a sample of five Brazilian organizations. These companies were observed from 2009 to 2013, performing with the descriptive analysis, chow test, lmbreusch-pagantest, hausman test, as well as panel data regression using the statistical software stata. The results show that the internal social investment impacts negatively on the financial performance of the companies belong in to the dow jones sustainability index. Although no significant relationship between the external social index and the yield variables, the ratio of the coefficient is also negative. For investments in the environment the relationship was significant only with the variable profitability of total assets.
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spelling Impact of social responsibility in Financial economic performance of component brazilian companies of Dow Jones Sustainability IndexImpacto da responsabilidade social no desempenho econômico financeiro das empresas brasileiras componentes do Dow Jones Sustainability IndexCorporate Social ResponsibilityFinancial PerformanceDow Jones Sustainability index.Responsabilidade Social CorporativaDesempenho Econômico FinanceiroDow Jones Sustainability Index.The aim of this study is to analyze the relationship of social indicators with the financial performance of Brazilian companies listed in the dow jones sustainability index. The paper is characterized as descriptive research with quantitative approach and document analysis. Among eight Brazilian companies belong in go the dow jones sustainability index that are considered socially and environmentally responsible in the new york stock exchange, we obtained a sample of five Brazilian organizations. These companies were observed from 2009 to 2013, performing with the descriptive analysis, chow test, lmbreusch-pagantest, hausman test, as well as panel data regression using the statistical software stata. The results show that the internal social investment impacts negatively on the financial performance of the companies belong in to the dow jones sustainability index. Although no significant relationship between the external social index and the yield variables, the ratio of the coefficient is also negative. For investments in the environment the relationship was significant only with the variable profitability of total assets. Este estudo tem como objetivo analisar a relação dos indicadores sociais com o desempenho econômico-financeiro das empresas brasileiras listadas no Dow Jones Sustainability Index. Para consecução do objetivo proposto procedeu-se uma pesquisa descritiva com abordagem quantitativa por meio de análise documental. De um total de 8 empresas pertencentes ao Dow Jones Sustainability Index que são consideradas social e ambientalmente responsáveis na nova carteira da Bolsa de Nova York, obteve-se uma amostra de 5 organizações brasileiras que foram analisadas em um período anual de 2009 a 2013. Para a apreciação dos dados foram realizadas análises descritivas, testes de Chow, LM de Breusch-Pagan, Hausman e regressão de Dados em Painel por meio do software estatístico STATA. Os resultados apontam que o Investimento Social Interno impacta de forma negativa no desempenho econômico-financeiro das empresas pertencentes ao Dow Jones Sustainability Index. Apesar de não significativa a relação entre o Índice Social Externo e as variáveis de rentabilidade, o coeficiente da relação também é negativo. Já para os investimentos em meio ambiente, a relação foi significativa apenas com a variável Rentabilidade do Ativo Total.Universidade Federal de Santa Maria2015-03-31info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://periodicos.ufsm.br/reget/article/view/1584610.5902/2236117015846Revista Eletrônica em Gestão, Educação e Tecnologia Ambiental; REGET, V. 19, N. 2, MAY-AUG., 2015; 879-898Revista Eletrônica em Gestão, Educação e Tecnologia Ambiental; REGET, V. 19, N. 2, MAIO-AGO., 2015; 879-8982236-11702236-1170reponame:Revista Eletrônica em Gestão Educação e Tecnologia Ambiental (REGET)instname:Universidade Federal de Santa Maria (UFSM)instacron:UFSMporhttps://periodicos.ufsm.br/reget/article/view/15846/pdfhttp://creativecommons.org/licenses/by-nc-sa/4.0info:eu-repo/semantics/openAccessVergini, Danielle PanáJacomossi, Fellipe AndréTurra, SaleteHein, Nelson2022-09-12T16:56:17Zoai:ojs.pkp.sfu.ca:article/15846Revistahttps://periodicos.ufsm.br/regetPUBhttps://periodicos.ufsm.br/reget/oaimarcelobdarosa@gmail.com||reget.ufsm@gmail.com2236-11702236-1170opendoar:2022-09-12T16:56:17Revista Eletrônica em Gestão Educação e Tecnologia Ambiental (REGET) - Universidade Federal de Santa Maria (UFSM)false
dc.title.none.fl_str_mv Impact of social responsibility in Financial economic performance of component brazilian companies of Dow Jones Sustainability Index
Impacto da responsabilidade social no desempenho econômico financeiro das empresas brasileiras componentes do Dow Jones Sustainability Index
title Impact of social responsibility in Financial economic performance of component brazilian companies of Dow Jones Sustainability Index
spellingShingle Impact of social responsibility in Financial economic performance of component brazilian companies of Dow Jones Sustainability Index
Vergini, Danielle Paná
Corporate Social Responsibility
Financial Performance
Dow Jones Sustainability index.
Responsabilidade Social Corporativa
Desempenho Econômico Financeiro
Dow Jones Sustainability Index.
title_short Impact of social responsibility in Financial economic performance of component brazilian companies of Dow Jones Sustainability Index
title_full Impact of social responsibility in Financial economic performance of component brazilian companies of Dow Jones Sustainability Index
title_fullStr Impact of social responsibility in Financial economic performance of component brazilian companies of Dow Jones Sustainability Index
title_full_unstemmed Impact of social responsibility in Financial economic performance of component brazilian companies of Dow Jones Sustainability Index
title_sort Impact of social responsibility in Financial economic performance of component brazilian companies of Dow Jones Sustainability Index
author Vergini, Danielle Paná
author_facet Vergini, Danielle Paná
Jacomossi, Fellipe André
Turra, Salete
Hein, Nelson
author_role author
author2 Jacomossi, Fellipe André
Turra, Salete
Hein, Nelson
author2_role author
author
author
dc.contributor.author.fl_str_mv Vergini, Danielle Paná
Jacomossi, Fellipe André
Turra, Salete
Hein, Nelson
dc.subject.por.fl_str_mv Corporate Social Responsibility
Financial Performance
Dow Jones Sustainability index.
Responsabilidade Social Corporativa
Desempenho Econômico Financeiro
Dow Jones Sustainability Index.
topic Corporate Social Responsibility
Financial Performance
Dow Jones Sustainability index.
Responsabilidade Social Corporativa
Desempenho Econômico Financeiro
Dow Jones Sustainability Index.
description The aim of this study is to analyze the relationship of social indicators with the financial performance of Brazilian companies listed in the dow jones sustainability index. The paper is characterized as descriptive research with quantitative approach and document analysis. Among eight Brazilian companies belong in go the dow jones sustainability index that are considered socially and environmentally responsible in the new york stock exchange, we obtained a sample of five Brazilian organizations. These companies were observed from 2009 to 2013, performing with the descriptive analysis, chow test, lmbreusch-pagantest, hausman test, as well as panel data regression using the statistical software stata. The results show that the internal social investment impacts negatively on the financial performance of the companies belong in to the dow jones sustainability index. Although no significant relationship between the external social index and the yield variables, the ratio of the coefficient is also negative. For investments in the environment the relationship was significant only with the variable profitability of total assets.
publishDate 2015
dc.date.none.fl_str_mv 2015-03-31
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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dc.identifier.uri.fl_str_mv https://periodicos.ufsm.br/reget/article/view/15846
10.5902/2236117015846
url https://periodicos.ufsm.br/reget/article/view/15846
identifier_str_mv 10.5902/2236117015846
dc.language.iso.fl_str_mv por
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dc.relation.none.fl_str_mv https://periodicos.ufsm.br/reget/article/view/15846/pdf
dc.rights.driver.fl_str_mv http://creativecommons.org/licenses/by-nc-sa/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv http://creativecommons.org/licenses/by-nc-sa/4.0
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidade Federal de Santa Maria
publisher.none.fl_str_mv Universidade Federal de Santa Maria
dc.source.none.fl_str_mv Revista Eletrônica em Gestão, Educação e Tecnologia Ambiental; REGET, V. 19, N. 2, MAY-AUG., 2015; 879-898
Revista Eletrônica em Gestão, Educação e Tecnologia Ambiental; REGET, V. 19, N. 2, MAIO-AGO., 2015; 879-898
2236-1170
2236-1170
reponame:Revista Eletrônica em Gestão Educação e Tecnologia Ambiental (REGET)
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instname_str Universidade Federal de Santa Maria (UFSM)
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