The Effect of National Business Systems on Social and Environmental Disclosure: A Comparison between Brazil and Canada
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| Format: | Artículo científico |
| Language: | en |
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Fundação Escola de Comércio Álvares Penteado
2020
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| _version_ | 1876439089565138944 |
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| author | Romulo Alves Soares |
| author_facet | Romulo Alves Soares |
| contents | The Effect of National Business Systems on Social and Environmental Disclosure: A Comparison between Brazil and Canada Romulo Alves Soares Mônica Cavalcanti Sá de Abreu Silvia Maria Dias Pedro Rebouças Pedro de Barros Leal Pinheiro Marino Administración y Contabilidad Disclosure Stakeholder Institutional Theory Sustainability Report Corporate Social Responsibility Purpose: This paper evaluates the influence of the institutional environment on the extent of social and environmental disclosure of companies from institutionally distant countries.Design/methodology/approach: We analyze basic materials, oil and gas, and public utility companies with shares traded on the Brazilian stock exchange (BM&FBovespa) and Canadian stock exchange (Toronto Stock Exchange) from 2007 to 2015. Quantitative methods are adopted through descriptive statistics and panel data analysis. The econometric modeling considers environmental and social disclosure as dependent variables, independent variables that represent the political, financial, educational and labor systems, and firm size, ROA, and indebtedness as control variables.Findings: In the case of the companies operating in Brazil, the extent of environmental and social disclosure is positively related to the political and labor systems, and negatively related to the financial system. In Canada, disclosure is negatively influenced by the financial system and the education system. The control variables, which represent characteristics of financial performance, were not significant.Originality/value: The study shows that isomorphic forces operate in the institutional field and affect the adoption of socially responsible behavior. By basing the study on institutionally distinct countries, such as Brazil and Canada, it reinforces the influence of the national business system on the extent of disclosure of environmental and social practices. 2020 artículo científico 1806-4892 https://www.redalyc.org/articulo.oa?id=94768352002 https://www.redalyc.org/journal/947/94768352002/ https://www.redalyc.org/journal/947/94768352002/html/ https://www.redalyc.org/journal/947/94768352002/94768352002.epub https://www.redalyc.org/journal/947/94768352002/movil 10.7819/rbgn.v22i1.4042 en http://www.redalyc.org/revista.oa?id=947 Revista Brasileira de Gestão de Negócios - RBGN application/pdf Fundação Escola de Comércio Álvares Penteado Revista Brasileira de Gestão de Negócios - RBGN (Brasil) Num.1 Vol.22 |
| format | Artículo científico |
| id | redalyc_94768352002 |
| institution | Redalyc |
| language | en |
| publishDate | 2020 |
| publisher | Fundação Escola de Comércio Álvares Penteado |
| spellingShingle | The Effect of National Business Systems on Social and Environmental Disclosure: A Comparison between Brazil and Canada Romulo Alves Soares Administración y Contabilidad Disclosure Stakeholder Institutional Theory Sustainability Report Corporate Social Responsibility The Effect of National Business Systems on Social and Environmental Disclosure: A Comparison between Brazil and Canada Romulo Alves Soares Mônica Cavalcanti Sá de Abreu Silvia Maria Dias Pedro Rebouças Pedro de Barros Leal Pinheiro Marino Administración y Contabilidad Disclosure Stakeholder Institutional Theory Sustainability Report Corporate Social Responsibility Purpose: This paper evaluates the influence of the institutional environment on the extent of social and environmental disclosure of companies from institutionally distant countries.Design/methodology/approach: We analyze basic materials, oil and gas, and public utility companies with shares traded on the Brazilian stock exchange (BM&FBovespa) and Canadian stock exchange (Toronto Stock Exchange) from 2007 to 2015. Quantitative methods are adopted through descriptive statistics and panel data analysis. The econometric modeling considers environmental and social disclosure as dependent variables, independent variables that represent the political, financial, educational and labor systems, and firm size, ROA, and indebtedness as control variables.Findings: In the case of the companies operating in Brazil, the extent of environmental and social disclosure is positively related to the political and labor systems, and negatively related to the financial system. In Canada, disclosure is negatively influenced by the financial system and the education system. The control variables, which represent characteristics of financial performance, were not significant.Originality/value: The study shows that isomorphic forces operate in the institutional field and affect the adoption of socially responsible behavior. By basing the study on institutionally distinct countries, such as Brazil and Canada, it reinforces the influence of the national business system on the extent of disclosure of environmental and social practices. 2020 artículo científico 1806-4892 https://www.redalyc.org/articulo.oa?id=94768352002 https://www.redalyc.org/journal/947/94768352002/ https://www.redalyc.org/journal/947/94768352002/html/ https://www.redalyc.org/journal/947/94768352002/94768352002.epub https://www.redalyc.org/journal/947/94768352002/movil 10.7819/rbgn.v22i1.4042 en http://www.redalyc.org/revista.oa?id=947 Revista Brasileira de Gestão de Negócios - RBGN application/pdf Fundação Escola de Comércio Álvares Penteado Revista Brasileira de Gestão de Negócios - RBGN (Brasil) Num.1 Vol.22 |
| title | The Effect of National Business Systems on Social and Environmental Disclosure: A Comparison between Brazil and Canada |
| topic | Administración y Contabilidad Disclosure Stakeholder Institutional Theory Sustainability Report Corporate Social Responsibility |
| url | https://www.redalyc.org/articulo.oa?id=94768352002 https://www.redalyc.org/journal/947/94768352002/ https://www.redalyc.org/journal/947/94768352002/html/ https://www.redalyc.org/journal/947/94768352002/94768352002.epub https://www.redalyc.org/journal/947/94768352002/movil |