Effect of Corporate Governance on the Quality of Risk Disclosure Statement

Caroline Sulzbach Pletsch, Cleonice Witt, Marcia Zanievicz da Silva, Nelson Hein

Abstract


Objective: To analyze the effect of corporate governance on the quality of risk disclosure in companies in the non-cyclical consumer sector, listed on B3.

Method: 28 companies from the non-cyclical consumer sector, listed in B3, are part of the study sample. Descriptive statistics, DP2 technique and multiple linear regression were used for data analysis.

Originality/Relevance: This study differs from the others by involving a set of corporate governance variables and relating them to the quality of the risk disclosure, which includes the content that is disclosed.

Results: It has been shown that, the larger the size of the Board of Directors, the better the quality of the risk disclosure tends to be.

Theoretical/Methodological contributions: This research contributes to the accounting area by indicating that the Board of Directors performs its role related to the evidenced information on risks and that the number of members contributes to the perception of risks.


Keywords


Corporate Governance. Quality. Risk Disclosure

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DOI: http://dx.doi.org/10.21714/1984-3925_2020v23n2a1

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