Efeitos do desempenho ambiental, social e de governança na relevância das informações contábeis de empresas brasileiras
DOI:
https://doi.org/10.5007/2175-8069.2023.e86044Palavras-chave:
ESG, Relevância da Informação Contábil, Empresas BrasileirasResumo
Este estudo teve como objetivo analisar a relação entre o desempenho ambiental, social e de governança (ESG) e a relevância das informações contábeis de empresas brasileiras. A pesquisa é descritiva, documental e quantitativa. Sua amostra é composta por 241 empresas não financeiras listadas na B[3], no período de 2015 a 2019. Seus principais achados demonstram que o desempenho ESG se relaciona positivamente com o market-to-book (MTB) das empresas analisadas. Além disso, ao testar os pilares ESG individualmente, constatou-se que cada um deles também apresenta relação positiva com o MTB dessas empresas, de modo que tais informações possam ser consideradas value relevant. Conclui-se, então, que o engajamento em práticas ESG permite que as empresas demonstrem aos seus stakeholders seu comprometimento com práticas mais responsáveis e, com isso, tornem essas informações relevantes aos participantes do mercado, refletindo, assim, em seu valor de mercado.
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