Adequacy of social disclosure of the open capital companies on the administration report and explanatory notes to the NBC T 15 recommendations
DOI:
https://doi.org/10.11606/rco.v4i8.34758Keywords:
Social Disclosure, Administration Report, Explanatory Notes, NBC T 15Abstract
The NBC T 15, approved by CFC Resolution from 1.003/04, standardizes the procedures for social and environmental information disclosure, to be followed by companies from January 1st., 2006 on. Therefore, the study aims to verify if the social disclosure on the administration report and on the explanatory notes of open capital companies is adequate to the NBC T 15 recommendations, comparing the social practice of 2005, the year before, and the social practice of 2007, the year after the implementation of such resolution. Thus, a descriptive research was carried out through documental research, with quantitative approach. There had been analyzed the administration reports and explanatory notes of the period from 2005 to 2007, of 23 open capital companies, listed on the magazine Exame 150 Melhores Empresas Para Você Trabalhar, 2007 special edition. The survey results show that, when examining the categorization of companies' social disclosure, which could be CI (complete information), II (incomplete information) or AI (absent information), the last category prevailed, using NBC T 15 as parameter. Comparing the social disclosure scores of the years 2005 and 2007, it was found that ten companies showed increase in their final score, while seven showed a decrease. Regarding to the social disclosure level of adequacy to the NBC T 15 recommendations, based on the analyses of the administration reports and explanatory notes in the period from 2005 to 2007 of the 23 open capital companies in this study, it is concluded that there is a predominance of regular classification, since four companies had insufficient disclosure qualification, twelve regular qualification, six good qualification and one company obtained great qualification.Downloads
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