Divulgación de prácticas de Responsabilidad Social Corporativa en América Latina
DOI:
https://doi.org/10.29105/vtga5.1-841Keywords:
divulgación, desempeño financiero, América LatinaAbstract
Corporate social responsibility, its levels of disclosure and the relationship with financial performance have
taken importance since long time ago however in Latin
America there are scarce studies in this field so this research is based on establishing whether there are differences between disclosure scores in companies of Latin
American that are listed considering a period of ten years
since 2008 to 2018. The Mann-Whitney-Wilcoxon U test
is applied, finding that the levels of disclosure are different depending on the country of origin of the companies.
On the other hand, it is established that Brazil has the
highest indicators of disclosure while Argentina and Peru
the lowest. For companies with higher rates of disclosure
in Brazil, the weighted average cost of capital is lower
while in Chile the ROE is higher when there are higher
levels of disclosure
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