Relação entre disclosure de informações e governança corporativa: evidências de empresas listadas no IBRX-100
Autor(a) principal: | |
---|---|
Data de Publicação: | 2023 |
Tipo de documento: | Dissertação |
Idioma: | por |
Título da fonte: | Biblioteca Digital de Teses e Dissertações da UFRPE |
Texto Completo: | http://www.tede2.ufrpe.br:8080/tede2/handle/tede2/8971 |
Resumo: | Disclosure of information by organizations is an issue with an essential role for the interests of shareholders and other stakeholders, and therefore, their good policies and practices need to be well managed. Among the factors that can influence the disclosure of information, the literature points to the structure of corporate governance, which is essential for companies to operate responsibly. However, this theme of the relationship between disclosure of information and corporate governance still lacks empirical evidence in the Brazilian scenario. Therefore, this study aimed to analyze the relationship between the level of information disclosure and corporate governance of companies listed on the IBrX-100. Concerning the methodological aspects, the research is classified as descriptive and exploratory regarding the objectives, the data collection procedure is characterized as documental and in terms of approach, quantitative. To collect data from 2016 to 2020, which is the period studied, it was necessary to use the content analysis technique and the Economática® software, websites of [B]³ and the Comissão de Valores Mobiliários. Data analysis was carried out in two stages, the first being done using descriptive statistics, and the second stage of the analysis resorting to inferential statistics, making use of Spearman rank correlation coefficient and regression with data in panel, both performed using the RStudio software. The results show that the Information Disclosure Index (IDI) suffered few fluctuations over the analyzed period, reaching a total average value of 0.7754, with the highest and lowest averages of 0.7787 and 0.7691, respectively. As for the relationship of the IDI with the corporate governance variables, the findings indicated that there is no significant positive relationship between the size of the board, board independence, dual roles of the CEO and institutional investors with the IDI, but there is a significant positive relationship between the board's gender diversity with the Information Disclosure Index. These results are consistent with studies already carried out internationally. The present research contributes to the current literature by providing empirical findings on the relationship of corporate governance mechanisms in the practice of disclosure of information by publicly traded companies in Brazil, being useful in the decision-making of stakeholders and in the definition of members to compose the company's board of directors. In addition, this study adds the empirical finding about the positive relationship found between female directors and information disclosure. |
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LIMA, Adilson Celestino deGOMES, Anailson MárcioCARMONA, Charles Ulises de Montreuilhttp://lattes.cnpq.br/9747345070913858AMURIM, Aldir Dias de2023-05-19T10:48:28Z2023-02-16AMURIM, Aldir Dias de. Relação entre disclosure de informações e governança corporativa: evidências de empresas listadas no IBRX-100. 2023. 100 f. Dissertação (Programa de Pós-Graduação em Controladoria) - Universidade Federal Rural de Pernambuco, Recife.http://www.tede2.ufrpe.br:8080/tede2/handle/tede2/8971Disclosure of information by organizations is an issue with an essential role for the interests of shareholders and other stakeholders, and therefore, their good policies and practices need to be well managed. Among the factors that can influence the disclosure of information, the literature points to the structure of corporate governance, which is essential for companies to operate responsibly. However, this theme of the relationship between disclosure of information and corporate governance still lacks empirical evidence in the Brazilian scenario. Therefore, this study aimed to analyze the relationship between the level of information disclosure and corporate governance of companies listed on the IBrX-100. Concerning the methodological aspects, the research is classified as descriptive and exploratory regarding the objectives, the data collection procedure is characterized as documental and in terms of approach, quantitative. To collect data from 2016 to 2020, which is the period studied, it was necessary to use the content analysis technique and the Economática® software, websites of [B]³ and the Comissão de Valores Mobiliários. Data analysis was carried out in two stages, the first being done using descriptive statistics, and the second stage of the analysis resorting to inferential statistics, making use of Spearman rank correlation coefficient and regression with data in panel, both performed using the RStudio software. The results show that the Information Disclosure Index (IDI) suffered few fluctuations over the analyzed period, reaching a total average value of 0.7754, with the highest and lowest averages of 0.7787 and 0.7691, respectively. As for the relationship of the IDI with the corporate governance variables, the findings indicated that there is no significant positive relationship between the size of the board, board independence, dual roles of the CEO and institutional investors with the IDI, but there is a significant positive relationship between the board's gender diversity with the Information Disclosure Index. These results are consistent with studies already carried out internationally. The present research contributes to the current literature by providing empirical findings on the relationship of corporate governance mechanisms in the practice of disclosure of information by publicly traded companies in Brazil, being useful in the decision-making of stakeholders and in the definition of members to compose the company's board of directors. In addition, this study adds the empirical finding about the positive relationship found between female directors and information disclosure.O disclosure de informações por parte das organizações consiste em uma temática com papel essencial para os interesses dos acionistas e de outras partes interessadas, e sendo assim, as suas boas políticas e práticas precisam ser bem gerenciadas. Dentre os fatores que podem influenciar a divulgação de informações, a literatura aponta a estrutura de governança corporativa, a qual é fundamental para que as empresas operem com responsabilidade. No entanto, essa temática de relação entre divulgação de informações e governança corporativa ainda carece de evidências empíricas no cenário brasileiro. Diante disso, este estudo objetivou analisar a relação entre o nível de disclosure de informações e a governança corporativa das empresas listadas no IBrX-100. Concernente aos aspectos metodológicos, a pesquisa se classifica como descritiva e exploratória referente aos objetivos, o procedimento de coleta de dados se caracteriza como documental e quanto à abordagem, quantitativa. Para coletar os dados de 2016 a 2020 que é o período estudado foi preciso fazer uso da técnica de análise de conteúdo e do software Economática®, websites da [B]³ e da Comissão de Valores Mobiliários. A análise dos dados foi realizada em duas etapas, sendo a primeira feita por meio da estatística descritiva, e a segunda etapa da análise recorreu-se a estatística inferencial, fazendo-se uso do coeficiente de correlação de postos de Spearman e da regressão com dados em painel, ambas realizadas por meio do software RStudio. Os resultados mostram que o Índice de Disclosure de Informações (IDI) sofreu poucas oscilações ao longo do período analisado, tendo alcançado um valor médio total de 0,7754, com a maior e a menor média de 0,7787 e 0,7691, respectivamente. Quanto a relação do IDI com as variáveis de governança corporativa, os achados apontaram que não há relação positiva significativa entre o tamanho do conselho, independência do conselho, dualidade de funções do CEO e investidores institucionais com o IDI, mas existe uma relação positiva significativa entre a diversidade de gênero do conselho com o Índice de Disclosure de Informações. Estes resultados são consistentes com estudos já realizados no âmbito internacional. A presente pesquisa contribui para a literatura atual ao proporcionar achados empíricos sobre a relação de mecanismos de governança corporativa na prática de divulgação de informações por empresas de capital aberto no Brasil, sendo úteis nas tomadas de decisões dos stakeholders e na definição de membros para compor o conselho de administração da empresa. Além disso, este estudo acrescenta a descoberta empírica sobre a relação positiva encontrada entre mulheres diretoras e o disclosure de informações.Submitted by (ana.araujo@ufrpe.br) on 2023-05-19T10:48:28Z No. of bitstreams: 1 Aldir Dias de Amurim.pdf: 1568245 bytes, checksum: f3b0ccc8669e3f890800ee58928d61e1 (MD5)Made available in DSpace on 2023-05-19T10:48:28Z (GMT). No. of bitstreams: 1 Aldir Dias de Amurim.pdf: 1568245 bytes, checksum: f3b0ccc8669e3f890800ee58928d61e1 (MD5) Previous issue date: 2023-02-16Coordenação de Aperfeiçoamento de Pessoal de Nível Superior - CAPESapplication/pdfporUniversidade Federal Rural de PernambucoPrograma de Pós-Graduação em ControladoriaUFRPEBrasilDepartamento de AdministraçãoDivulgação de informação .Governança corporativaADMINISTRACAO::CIENCIAS CONTABEISRelação entre disclosure de informações e governança corporativa: evidências de empresas listadas no IBRX-100info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesis-646178821966460398600600600600-302091558533475522150839318298933565712075167498588264571info:eu-repo/semantics/openAccessreponame:Biblioteca Digital de Teses e Dissertações da UFRPEinstname:Universidade Federal Rural de Pernambuco (UFRPE)instacron:UFRPEORIGINALAldir Dias de Amurim.pdfAldir Dias de Amurim.pdfapplication/pdf1568245http://www.tede2.ufrpe.br:8080/tede2/bitstream/tede2/8971/2/Aldir+Dias+de+Amurim.pdff3b0ccc8669e3f890800ee58928d61e1MD52LICENSElicense.txtlicense.txttext/plain; charset=utf-82165http://www.tede2.ufrpe.br:8080/tede2/bitstream/tede2/8971/1/license.txtbd3efa91386c1718a7f26a329fdcb468MD51tede2/89712023-05-25 13:09:50.206oai:tede2: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Biblioteca Digital de Teses e Dissertaçõeshttp://www.tede2.ufrpe.br:8080/tede/PUBhttp://www.tede2.ufrpe.br:8080/oai/requestbdtd@ufrpe.br ||bdtd@ufrpe.bropendoar:2024-05-28T12:37:39.604079Biblioteca Digital de Teses e Dissertações da UFRPE - Universidade Federal Rural de Pernambuco (UFRPE)false |
dc.title.por.fl_str_mv |
Relação entre disclosure de informações e governança corporativa: evidências de empresas listadas no IBRX-100 |
title |
Relação entre disclosure de informações e governança corporativa: evidências de empresas listadas no IBRX-100 |
spellingShingle |
Relação entre disclosure de informações e governança corporativa: evidências de empresas listadas no IBRX-100 AMURIM, Aldir Dias de Divulgação de informação . Governança corporativa ADMINISTRACAO::CIENCIAS CONTABEIS |
title_short |
Relação entre disclosure de informações e governança corporativa: evidências de empresas listadas no IBRX-100 |
title_full |
Relação entre disclosure de informações e governança corporativa: evidências de empresas listadas no IBRX-100 |
title_fullStr |
Relação entre disclosure de informações e governança corporativa: evidências de empresas listadas no IBRX-100 |
title_full_unstemmed |
Relação entre disclosure de informações e governança corporativa: evidências de empresas listadas no IBRX-100 |
title_sort |
Relação entre disclosure de informações e governança corporativa: evidências de empresas listadas no IBRX-100 |
author |
AMURIM, Aldir Dias de |
author_facet |
AMURIM, Aldir Dias de |
author_role |
author |
dc.contributor.advisor1.fl_str_mv |
LIMA, Adilson Celestino de |
dc.contributor.referee1.fl_str_mv |
GOMES, Anailson Márcio |
dc.contributor.referee2.fl_str_mv |
CARMONA, Charles Ulises de Montreuil |
dc.contributor.authorLattes.fl_str_mv |
http://lattes.cnpq.br/9747345070913858 |
dc.contributor.author.fl_str_mv |
AMURIM, Aldir Dias de |
contributor_str_mv |
LIMA, Adilson Celestino de GOMES, Anailson Márcio CARMONA, Charles Ulises de Montreuil |
dc.subject.por.fl_str_mv |
Divulgação de informação . Governança corporativa |
topic |
Divulgação de informação . Governança corporativa ADMINISTRACAO::CIENCIAS CONTABEIS |
dc.subject.cnpq.fl_str_mv |
ADMINISTRACAO::CIENCIAS CONTABEIS |
description |
Disclosure of information by organizations is an issue with an essential role for the interests of shareholders and other stakeholders, and therefore, their good policies and practices need to be well managed. Among the factors that can influence the disclosure of information, the literature points to the structure of corporate governance, which is essential for companies to operate responsibly. However, this theme of the relationship between disclosure of information and corporate governance still lacks empirical evidence in the Brazilian scenario. Therefore, this study aimed to analyze the relationship between the level of information disclosure and corporate governance of companies listed on the IBrX-100. Concerning the methodological aspects, the research is classified as descriptive and exploratory regarding the objectives, the data collection procedure is characterized as documental and in terms of approach, quantitative. To collect data from 2016 to 2020, which is the period studied, it was necessary to use the content analysis technique and the Economática® software, websites of [B]³ and the Comissão de Valores Mobiliários. Data analysis was carried out in two stages, the first being done using descriptive statistics, and the second stage of the analysis resorting to inferential statistics, making use of Spearman rank correlation coefficient and regression with data in panel, both performed using the RStudio software. The results show that the Information Disclosure Index (IDI) suffered few fluctuations over the analyzed period, reaching a total average value of 0.7754, with the highest and lowest averages of 0.7787 and 0.7691, respectively. As for the relationship of the IDI with the corporate governance variables, the findings indicated that there is no significant positive relationship between the size of the board, board independence, dual roles of the CEO and institutional investors with the IDI, but there is a significant positive relationship between the board's gender diversity with the Information Disclosure Index. These results are consistent with studies already carried out internationally. The present research contributes to the current literature by providing empirical findings on the relationship of corporate governance mechanisms in the practice of disclosure of information by publicly traded companies in Brazil, being useful in the decision-making of stakeholders and in the definition of members to compose the company's board of directors. In addition, this study adds the empirical finding about the positive relationship found between female directors and information disclosure. |
publishDate |
2023 |
dc.date.accessioned.fl_str_mv |
2023-05-19T10:48:28Z |
dc.date.issued.fl_str_mv |
2023-02-16 |
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AMURIM, Aldir Dias de. Relação entre disclosure de informações e governança corporativa: evidências de empresas listadas no IBRX-100. 2023. 100 f. Dissertação (Programa de Pós-Graduação em Controladoria) - Universidade Federal Rural de Pernambuco, Recife. |
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http://www.tede2.ufrpe.br:8080/tede2/handle/tede2/8971 |
identifier_str_mv |
AMURIM, Aldir Dias de. Relação entre disclosure de informações e governança corporativa: evidências de empresas listadas no IBRX-100. 2023. 100 f. Dissertação (Programa de Pós-Graduação em Controladoria) - Universidade Federal Rural de Pernambuco, Recife. |
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