Relatórios de sustentabilidade e valor da empresa
uma evidência de empresas em crescimento na Indonésia
DOI:
https://doi.org/10.23925/2179-3565.2022v13i3p39-47Palavras-chave:
Empresas em Crescimento, Desempenho Ambiental, Desempenho de Ações, Padrões da Global Reporting Initiative, IndonésiaResumo
O meio ambiente tornou-se uma questão importante no mundo dos negócios nos dias de hoje. As empresas estão cada vez mais atentas à gestão empresarial sem descuidar da sustentabilidade ambiental. Este estudo tem como objetivo examinar o efeito dos relatórios de sustentabilidade sobre o desempenho das ações, tendo como variável moderadora empresas da categoria de crescimento. A amostra consiste em 18 empresas de categoria de crescimento que foram incluídas na avaliação durante 2020 na Bolsa de Valores da Indonésia. O relatório de sustentabilidade é um indicador de desempenho ambiental obtido a partir do cumprimento das Normas da Global Reporting Initiative (GRI), enquanto o desempenho das ações é medido pelo preço da ação na data do relatório. Os testes são realizados usando a Análise de Regressão Moderada. Os resultados mostraram que uma empresa da categoria de crescimento que teve um bom desempenho ambiental também teve um bom desempenho de estoque. E quando comparado com o desempenho das empresas que se enquadram na categoria de não crescimento, há uma diferença, embora não estatisticamente significativa. Isso implica na importância de empresas e investidores estarem atentos aos relatórios e processos de desempenho ambiental de acordo com os padrões de relatórios de desempenho ambiental.
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