Disclosure of Corporate Sustainability under the impacts of Corporate Governance from a TBL perspective

• Autor(a) principal: Beiruth, Aziz Xavier
• Data de Publicação: 2024
• Outros Autores: Brito, Leonardo da Rocha
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: RACE (Joaçaba. Online)
• Texto Completo: https://periodicos.unoesc.edu.br/race/article/view/27854
• topic: Sustainability; Corporate governance; Social responsability; Information Disclosure; Sustentabilidade; Governança Corporativa; Responsabilidade Social; Divulgação de Informações

The present work used the companies listed on the Stock Exchange, Brazil, Balcão (B3), members of the IBRX 100 and that publish a sustainability report in the standards established by the GRI, in order to analyze the existence of a relationship between corporate governance practices and the level disclosure of sustainable practices by companies, from the perspective of the Triple Bottom Line. Thus, from data collected manually in the reference forms and annual sustainability reports, as well as data contained in the online Economática® database, an analysis was carried out using Tobit regression for the years 2018 and 2019, which it allowed us to verify that characteristics such as the size and independence of the board of directors, as well as the percentage of women on the board and the occupation by the same individual of the positions of CEO and chairman of the board are capable of influencing the disclosure of sustainable practices by companies. Such Information is of great importance to help researchers and investors to better understand the market and also to form an opinion and investment strategies, goals and objectives.