Name: VINICIUS HENRIQUE SALES ALVES
Publication date: 03/10/2023
Advisor:
Name |
Role |
|---|---|
| DIANE ROSSI MAXIMIANO REINA | Advisor * |
Examining board:
| Name |
Role |
|---|---|
| DIANE ROSSI MAXIMIANO REINA | Advisor * |
| ELIZEU MARIA JUNIOR | Internal Examiner * |
Summary: This study investigated the relationship between corporate social responsibility (CSR) and
the comparability of financial reports of Brazilian companies listed on the B3 from 2014 to
2021. The study was conducted using a quantitative approach, with descriptive statistics
and panel data analysis techniques to evaluate the proposed relationship. One of the main
findings indicated that, despite some variables, such as leverage (ALAV), return on equity
(ROE), market value over book value (MTB), and operating cash flow (CFO), having
shown influence on the comparability of the reports, the overall performance in CSR,
whether positive or adverse, did not show a direct and significant relationship with the
comparability of financial reports. When detailing the dimensions of CSR, such as the
social, environmental, and governance areas, it was observed that only the "governance"
dimension showed a marginal association with comparability. However, this relationship
did not hold after specific statistical corrections, such as for heteroscedasticity. The results
of this research were important for academic and practical literature, offering perspectives
on the complex relationship between CSR and comparability of financial reports in the
Brazilian context. The findings highlighted the need for further studies to better understand
the nuances of this relationship, as well as providing valuable information for managers,
auditors, investors, and other stakeholders.
