ESG Practices and the Relevance of Accounting Information: The Moderating Effect of Corruption Levels in G20 Countries
Objective: this study is based on the assumption that the level of corruption in a country’s context can influence how stakeholders perceive the environmental, social, and governance (ESG) practices disclosed by companies. The objective is to analyze the moderating effect of corruption on the relati...
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| Format: | Article |
| Language: | English |
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Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD)
2024-09-01
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| Series: | BAR: Brazilian Administration Review |
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| Online Access: | https://bar.anpad.org.br/index.php/bar/article/view/668 |
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| author | Inaê de Sousa Barbosa Jonathas Coelho Queiroz da Silva Roberto Carlos Klann Denise Mendes da Silva |
| author_facet | Inaê de Sousa Barbosa Jonathas Coelho Queiroz da Silva Roberto Carlos Klann Denise Mendes da Silva |
| author_sort | Inaê de Sousa Barbosa |
| collection | DOAJ |
| description | Objective: this study is based on the assumption that the level of corruption in a country’s context can influence how stakeholders perceive the environmental, social, and governance (ESG) practices disclosed by companies. The objective is to analyze the moderating effect of corruption on the relationship between ESG performance and the relevance of accounting information for companies in G20 countries. Methods: the study considered 171,693 firm/year observations from organizations in G20 countries that had all the necessary data to measure the relevance of accounting information from 2013 to 2021. Descriptive analysis, correlation, and multiple linear regression were conducted. Results: based on the findings, it can be inferred that unified ESG performance, as well as its individual pillars, is positively associated with the market value of the analyzed organizations. However, when observing the moderating effect of corruption levels, no significant results were obtained. Conclusions: this study contributes to the literature and to users of accounting information by identifying that the ESG performance of G20 companies helps increase the relevance of accounting information, and that external factors, such as corruption, affect the level of ESG disclosure, but not to the extent of being significant for the market. |
| format | Article |
| id | doaj-art-d4d069eb71d247dfb387d540911d0338 |
| institution | OA Journals |
| issn | 1807-7692 |
| language | English |
| publishDate | 2024-09-01 |
| publisher | Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD) |
| record_format | Article |
| series | BAR: Brazilian Administration Review |
| spelling | doaj-art-d4d069eb71d247dfb387d540911d03382025-08-20T01:55:15ZengAssociação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD)BAR: Brazilian Administration Review1807-76922024-09-01213e240016e24001610.1590/1807-7692bar2024240016668ESG Practices and the Relevance of Accounting Information: The Moderating Effect of Corruption Levels in G20 CountriesInaê de Sousa Barbosa0Jonathas Coelho Queiroz da Silva1Roberto Carlos Klann2Denise Mendes da Silva3Fundação Universidade Regional de Blumenau, Blumenau, SC, BrazilFundação Universidade Regional de Blumenau, Blumenau, SC, BrazilFundação Universidade Regional de Blumenau, Blumenau, SC, BrazilUniversidade Federal de Uberlândia, Faculdade de Ciências Contábeis, Uberlândia, MG, BrazilObjective: this study is based on the assumption that the level of corruption in a country’s context can influence how stakeholders perceive the environmental, social, and governance (ESG) practices disclosed by companies. The objective is to analyze the moderating effect of corruption on the relationship between ESG performance and the relevance of accounting information for companies in G20 countries. Methods: the study considered 171,693 firm/year observations from organizations in G20 countries that had all the necessary data to measure the relevance of accounting information from 2013 to 2021. Descriptive analysis, correlation, and multiple linear regression were conducted. Results: based on the findings, it can be inferred that unified ESG performance, as well as its individual pillars, is positively associated with the market value of the analyzed organizations. However, when observing the moderating effect of corruption levels, no significant results were obtained. Conclusions: this study contributes to the literature and to users of accounting information by identifying that the ESG performance of G20 companies helps increase the relevance of accounting information, and that external factors, such as corruption, affect the level of ESG disclosure, but not to the extent of being significant for the market.https://bar.anpad.org.br/index.php/bar/article/view/668relevance of accounting informationesgcorruptiong20 |
| spellingShingle | Inaê de Sousa Barbosa Jonathas Coelho Queiroz da Silva Roberto Carlos Klann Denise Mendes da Silva ESG Practices and the Relevance of Accounting Information: The Moderating Effect of Corruption Levels in G20 Countries BAR: Brazilian Administration Review relevance of accounting information esg corruption g20 |
| title | ESG Practices and the Relevance of Accounting Information: The Moderating Effect of Corruption Levels in G20 Countries |
| title_full | ESG Practices and the Relevance of Accounting Information: The Moderating Effect of Corruption Levels in G20 Countries |
| title_fullStr | ESG Practices and the Relevance of Accounting Information: The Moderating Effect of Corruption Levels in G20 Countries |
| title_full_unstemmed | ESG Practices and the Relevance of Accounting Information: The Moderating Effect of Corruption Levels in G20 Countries |
| title_short | ESG Practices and the Relevance of Accounting Information: The Moderating Effect of Corruption Levels in G20 Countries |
| title_sort | esg practices and the relevance of accounting information the moderating effect of corruption levels in g20 countries |
| topic | relevance of accounting information esg corruption g20 |
| url | https://bar.anpad.org.br/index.php/bar/article/view/668 |
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