THE EVOLUTION OF CSR ACROSS LISTED BRAZILIAN FIRMS

Authors

  • Ana Gisbert Universidad Autónoma de Madrid
  • Vitória Lunardi Universidad Autónoma de Madrid

DOI:

https://doi.org/10.17524/repec.v6i1.212

Keywords:

corporative social responsibility, social-environmental information, sustainability.

Abstract

This paper analyzes the improvements in corporate social responsibility (CSR) among Brazilian companies listed on the Sao Paulo Stock Exchange – Bovespa, focusing on the type of social and environmental projects together with the amount of investments over the period 2003-2007. The empirical analysis is based on the content of the CSR reports of 48 companies, among them those making up the Bovespa’s Corporate Sustainability Index. All the identified social and environmental projects were classified into eleven categories and three investment categories: internal, external and environmental. The results show the need to standardize the CSR reports due to the absence of uniformity among the sample firms. The investment data reveal a significant increase in external investment projects, followed by the internal category. The results of the environmental category reveal only a moderate increase due to the reduction of the environmental investment in the petroleum industry. Overall, the results reveal that companies tend to invest in projects strongly linked to their main activities.

Author Biographies

Ana Gisbert, Universidad Autónoma de Madrid

Profesora de la Universidad Autónoma de Madrid. Doctora en Contabilidad y Organización de Empresas y Licenciada en Administración de Empresas por la Universidad Autónoma de Madrid es autora de distintos trabajos en revistas científicas y profesionales de ámbito nacional centrados en la relevancia de la información financiera en los mercados, la gestión del resultado, la revelación de información voluntaria y su relación con la estructura de gobierno corporativo, así como sobre el proceso de armonización contable internacional y el impacto de los avances normativos en la información financiera. Además, ha participado en la elaboración de diversos capítulos en publicaciones sobre las Normas Internacionales de Información Financiera. La Dra. Gisbert ha participado en proyectos de investigación nacionales directamente relacionados con su temática de investigación y ha sido miembro del proyecto de investigación europeo HARMONIA (2001-2005), centrado en el proceso de armonización contable en Europa. La Dra. Gisbert ha participado como ponente en numerosos congresos nacionales e internacionales de ámbito científico y profesional y colabora periódicamente como evaluadora en el Journal of Management and Governance, Revista Española de Financiación y Contabilidad y en la Revista de Contabilidad.

Vitória Lunardi, Universidad Autónoma de Madrid

Graduada em Ciências Contábeis pela UNISINOS, pós-graduada em Docência para o Ensino da Matemática pela Feevale, Doutoranda em Contabilidade e Organização de Empresas pela Universidade Autônoma de Madri (Espanha). Possui Diploma de Estudos Avançados em Contabilidade e Organização de Empresas pela Universidade Autônoma de Madri. Professora Universitária, palestrante e investigadora nas áreas de Responsabilidade Social Corporativa e Governança Corporativa. Têm experiência profissional nas áreas de Administração, com ênfase em Ciências Contábeis, administração financeira, auditoria de controles internos, gestão de resultados, contabilidade gerencial, análise de investimento socioambiental, responsabilidade social corporativa e formação do Balanço Social.

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Published

2012-03-27

How to Cite

Gisbert, A., & Lunardi, V. (2012). THE EVOLUTION OF CSR ACROSS LISTED BRAZILIAN FIRMS. Journal of Education and Research in Accounting (REPeC), 6(1). https://doi.org/10.17524/repec.v6i1.212

Issue

Vol. 6 No. 1 (2012): January-March

Section

Articles

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