Resumen
Objetivo – Identificar a relação entre as características do Conselho de Administração e a probabilidade de divulgação de relatórios socialmente responsáveis.
Referencial teórico – Considerando o papel central do Conselho de Administração na mitigação de conflitos de interesses, o estudo baseia-se na Teoria Stakeholders-Agência.
Desenho/metodologia/abordagem – A amostra incluiu 250 empresas listadas na bolsa de valores brasileira (B3). Os dados utilizados foram coletados no Relatório “Relacione ou Explique”, Economática® e Formulário de Referência da CVM, e posteriormente operacionalizados por meio de modelo de regressão logística binária.
Resultados – Os resultados sugerem que a chance de divulgação de relatórios socialmente responsáveis é 1,52% maior nas empresas com ações mais concentradas, 101,10% maior nas empresas maiores e 59,2% menor nas empresas com dupla posição.
Implicações Práticas e Sociais da Pesquisa – Os resultados podem ser úteis para (i) direcionar estratégias organizacionais para a composição do Conselho de Administração que melhorem a disseminação de relatórios socialmente responsáveis, (ii) fomentar discussões sobre mudanças na classificação dos níveis corporativos governança na B3 e (iii) tomada de decisões por diversos stakeholders.
Originalidade/valor – Para a Academia de Contabilidade, o estudo promove um debate adicional sobre o papel do Conselho de Administração no tratamento da Teoria da Agência. O estudo inova ao mostrar como as características do Conselho de Administração podem alterar o potencial de divulgação de relatórios socialmente responsáveis.
Palavras-chave – Teoria da agência dos stakeholders.; Responsabilidade social corporativa; Governança corporativa.
Citas
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