AN ANALYSIS OF THE ENVIRONMENTAL DISCLOSURE LEVEL OF BRAZILIAN COMPANIES THAT NEGOTIATE ADRS ON THE NEW YORK STOCK EXCHANGE (NYSE)

Authors

  • Wilker Barroso Miranda Universidade Federal de Uberlândia.
  • Rodrigo Fernandes Malaquias Universidade Federal de Uberlândia.

Abstract

In the current days, the concern of companies with environmental and social issues is an important factor for the continuity of their activities. This fact shows the importance of efficient communication between companies and their stakeholders, with regard to socially responsible practices. In this context, the aim of this paper was to compare the level of environmental disclosure provided by the listed Brazilian companies in its financial statements, comparing data from reports published in 2005 with those published in 2010. With data from the financial statements of 25 Brazilian companies that was listed on the Brazilian (BM&FBOVESPA) and North-American (NYSE) capital markets, the main results show that the disclosure level increased from 2005 to 2010. Furthermore, we found that the company’s size seems to influence the level of corporate environmental disclosure.

 

Keywords: Environmental disclosure. Company’s size. Financial Statements.

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Author Biographies

Wilker Barroso Miranda, Universidade Federal de Uberlândia.

Possui Graduação em Ciências Contábeis da Faculdade de Ciências Contábeis da Universidade Federal de Uberlândia (FACIC/UFU).

Rodrigo Fernandes Malaquias, Universidade Federal de Uberlândia.

Possui graduação em Ciências Contábeis, Especialização em Controladoria e Finanças, Mestrado em Administração e Doutorado em Administração de Empresas pela Fundação Getúlio Vargas (EAESP/FGV). Professor da Faculdade de Ciências Contábeis da Universidade Federal de Uberlândia (FACIC/UFU).

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Published

04-02-2013

How to Cite

MIRANDA, W. B.; MALAQUIAS, R. F. AN ANALYSIS OF THE ENVIRONMENTAL DISCLOSURE LEVEL OF BRAZILIAN COMPANIES THAT NEGOTIATE ADRS ON THE NEW YORK STOCK EXCHANGE (NYSE). REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte, [S. l.], v. 5, n. 1, p. 93–111, 2013. Disponível em: https://periodicos.ufrn.br/ambiente/article/view/3321. Acesso em: 22 nov. 2024.

Issue

Vol. 5 No. 1 (2013): Jan./Jun.

Section

ARTICLES

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