Corporate Social Performance and Financial Performance in Brazilian Companies: Analysis of the Influence of Disclosure

The relationship between Corporate Social Performance (CSP) and Corporate Financial Performance (CFP) has been widely tested in the international context; however, there are nuances that have not been fully explained, such as the possible influence of socio-environmental disclosure and studies in sp...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Anderson Felipe Aedo Pereira, Fabrício Stocker, Keysa Manuela Cunha de Mascena, João Maurício Gama Boaventura
Formato:	article
Lenguaje:	EN PT
Publicado:	FUCAPE Business School 2020
Materias:	social performance financial performance corporate sustainability index social disclosure gri Business HF5001-6182
Acceso en línea:	https://doaj.org/article/4a180334416d43b99a926d463efbee5b
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:4a180334416d43b99a926d463efbee5b
record_format	dspace
spelling	oai:doaj.org-article:4a180334416d43b99a926d463efbee5b2021-11-11T15:48:08ZCorporate Social Performance and Financial Performance in Brazilian Companies: Analysis of the Influence of Disclosure1807-734X10.15728/bbr.2020.17.5.4https://doaj.org/article/4a180334416d43b99a926d463efbee5b2020-01-01T00:00:00Zhttp://www.redalyc.org/articulo.oa?id=123064464004https://doaj.org/toc/1807-734XThe relationship between Corporate Social Performance (CSP) and Corporate Financial Performance (CFP) has been widely tested in the international context; however, there are nuances that have not been fully explained, such as the possible influence of socio-environmental disclosure and studies in specific contexts, such as the Brazilian one. In order to contribute evidence on the direction of the relationship and the presence of moderator variables, this paper aims to analyze the CSP-CFP relationship, investigating if social disclosure moderates this relationship. The research sample is composed of companies that were part of the Corporate Sustainability Index (ISE) in the period from 2010 to 2013 and the hypothetical relationships which were tested by panel data regression models. The results show that there is a positive and significant relationship between CSP and CFP in both directions of causality; however, it was found that the disclosure of sustainability reports does not intensify or alter the relationship between these performance variables.Anderson Felipe Aedo PereiraFabrício StockerKeysa Manuela Cunha de MascenaJoão Maurício Gama BoaventuraFUCAPE Business Schoolarticlesocial performancefinancial performancecorporate sustainability indexsocial disclosuregriBusinessHF5001-6182ENPTBBR: Brazilian Business Review, Vol 17, Iss 5, Pp 540-558 (2020)
institution	DOAJ
collection	DOAJ
language	EN PT
topic	social performance financial performance corporate sustainability index social disclosure gri Business HF5001-6182
spellingShingle	social performance financial performance corporate sustainability index social disclosure gri Business HF5001-6182 Anderson Felipe Aedo Pereira Fabrício Stocker Keysa Manuela Cunha de Mascena João Maurício Gama Boaventura Corporate Social Performance and Financial Performance in Brazilian Companies: Analysis of the Influence of Disclosure
description	The relationship between Corporate Social Performance (CSP) and Corporate Financial Performance (CFP) has been widely tested in the international context; however, there are nuances that have not been fully explained, such as the possible influence of socio-environmental disclosure and studies in specific contexts, such as the Brazilian one. In order to contribute evidence on the direction of the relationship and the presence of moderator variables, this paper aims to analyze the CSP-CFP relationship, investigating if social disclosure moderates this relationship. The research sample is composed of companies that were part of the Corporate Sustainability Index (ISE) in the period from 2010 to 2013 and the hypothetical relationships which were tested by panel data regression models. The results show that there is a positive and significant relationship between CSP and CFP in both directions of causality; however, it was found that the disclosure of sustainability reports does not intensify or alter the relationship between these performance variables.
format	article
author	Anderson Felipe Aedo Pereira Fabrício Stocker Keysa Manuela Cunha de Mascena João Maurício Gama Boaventura
author_facet	Anderson Felipe Aedo Pereira Fabrício Stocker Keysa Manuela Cunha de Mascena João Maurício Gama Boaventura
author_sort	Anderson Felipe Aedo Pereira
title	Corporate Social Performance and Financial Performance in Brazilian Companies: Analysis of the Influence of Disclosure
title_short	Corporate Social Performance and Financial Performance in Brazilian Companies: Analysis of the Influence of Disclosure
title_full	Corporate Social Performance and Financial Performance in Brazilian Companies: Analysis of the Influence of Disclosure
title_fullStr	Corporate Social Performance and Financial Performance in Brazilian Companies: Analysis of the Influence of Disclosure
title_full_unstemmed	Corporate Social Performance and Financial Performance in Brazilian Companies: Analysis of the Influence of Disclosure
title_sort	corporate social performance and financial performance in brazilian companies: analysis of the influence of disclosure
publisher	FUCAPE Business School
publishDate	2020
url	https://doaj.org/article/4a180334416d43b99a926d463efbee5b
work_keys_str_mv	AT andersonfelipeaedopereira corporatesocialperformanceandfinancialperformanceinbraziliancompaniesanalysisoftheinfluenceofdisclosure AT fabriciostocker corporatesocialperformanceandfinancialperformanceinbraziliancompaniesanalysisoftheinfluenceofdisclosure AT keysamanuelacunhademascena corporatesocialperformanceandfinancialperformanceinbraziliancompaniesanalysisoftheinfluenceofdisclosure AT joaomauriciogamaboaventura corporatesocialperformanceandfinancialperformanceinbraziliancompaniesanalysisoftheinfluenceofdisclosure
_version_	1718433886592040960

Corporate Social Performance and Financial Performance in Brazilian Companies: Analysis of the Influence of Disclosure

Ejemplares similares