Exportar Publicação

Braz, M.J. & Lopes, A.I. (2019). Board's Diversity and the recognition of Integrated Reports: Are they related?. 5th Symposium on Ethics and Social responsability Research.

M. J. Braz and A. I. Lopes,  "Board's Diversity and the recognition of Integrated Reports: Are they related?", in 5th Symp. on Ethics and Social responsability Research, 2019

@misc{braz2019_1714044634888,
	author = "Braz, M.J. and Lopes, A.I.",
	title = "Board's Diversity and the recognition of Integrated Reports: Are they related?",
	year = "2019",
	url = "https://www.sesrr.com/"
}

TY  - CPAPER
TI  - Board's Diversity and the recognition of Integrated Reports: Are they related?
T2  - 5th Symposium on Ethics and Social responsability Research
AU  - Braz, M.J.
AU  - Lopes, A.I.
PY  - 2019
UR  - https://www.sesrr.com/
AB  - This paper investigates the influence of Board of Directors’ diversity on the external
reputation of highly Integrated Reports, using a set of international entities. Globalization
and competitive environment lead companies to diversify their responsibilities to
stakeholders and to the society as a whole. Notwithstanding the need to prepare reports to
providers of capital, companies currently must report to a broader audience than
shareholders, capturing the attention of several categories of stakeholders. They want to
know why, where and how companies create and add value, and how they deal with
responsibility and sustainability issues. While an increasingly number of entities are disclosing
sustainability and corporate social responsibility (CSR) information, there is still little
connection between such information, financial information, performance and value creation
strategy. This gap has been over debate, and Integrated Reporting () has emerged. Still
voluntary in almost all the world, it is indeed gradually encouraged and supported by
regulators, institutional investors and organizations, as an innovative nature in promoting a
holistic and integrated vision of the company, where the Board of Directors must play an
important role (defining strategies, promoting policies and implementing best practices).
The main issue we address is whether different characteristics of Directors seated on the
Board impact on the external decision to consider the Integrated Report of that company as
a Recognized, instead of a Regular one. Differences between Reference and Regular are
supported in the attribution of a premium by external parties, or on the independent
recommendation to serve as benchmark. Our sample includes 377 entities all over the world
identified as  preparers, from whom people expect to be accountable for the
transparency of their external communication process. Main findings reveal that while the
role duality of the CEO has a negative influence, the board size, the independence of the
board and the gender diversity are positively contributing to the diffusion of integrated
reports of higher recognition, and Experience is not statistical significant. The results are
maintained when institutional characteristics of the countries are included.
ER  -