文章基本信息

标题：DIFFERENT LEVELS OF CORPORATE GOVERNANCE AND DISCLOSURE TIMELINESS: AN EXPLORATORY STUDY IN THE BRAZILIAN MARKET
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作者：Aziz Xavier Beiruth, Talles Vianna Brugni, Luiz Paulo Fávero, Antonio Oscar Santos Goes
期刊名称：Revista de Gestão, Finanças e Contabilidade
印刷版ISSN：2238-5320
出版年度：2014
期号：1813
页码：77-89
出版社：University of State of Bahia
摘要：This paper investigates whether there is association between the level of corporate governance, measured by special segments of the São Paulo Stock Exchange (BOVESPA) and the opportunity in the disclosure of financial reports to the market. To achieve the proposed objective we have collected data on 170 firms of BMF&Bovespa related to disclosure dates of annual statements of companies listed in differentiated corporate governance levels for the years 2012 and 2013 and associated with the respective corporate governance levels via correspondence analysis (ANACOR). Evidence points to a greater association between the companies of the Novo Mercado and disclosure of financial statements on dates closer to the end of the period required for disclosure suggesting a replacement relationship between the level of corporate governance and disclosure of firms.