Functional Relation between Socio Conduct and Economic Performance: Brazilian Textile Disclosure Reports

Authors

  • Mônica Cavalcanti Sá de Abreu
  • Orlando Vieira de Castro Junior
  • Francisco de Assis Soares
  • José Carlos Lázaro da Silva Filho

Keywords:

Socio-Environmental Disclosure, Strategy, Socio Responsibility, Performance Indicators, Textile Industry.

Abstract

This work presents an analysis of the functional relation between the socio conduct and the economic performance from a sample of textile firms with open capital, which have published their accountancy reports concerning their financial year in 2003. The research was prepared on collected evidences from the firms’ accountancy reports published by Brazilian Securities and Exchange Commission. The econometric analysis is presented to evaluate the causality connection between the socio conduct and the economic performance, this last one is represented by two indicators: Ebitda/ net income and return of investments (ROI). The econometric results demonstrate that there is a positive effect from the socio conduct adapted by the Brazilian textile companies, analysed by the economic performance, when this is represented by Ebitda/net income. We obtain results that suggest good economic performance is significantly associated with socio responsible conducts.

Published

2009-08-05

How to Cite

DE ABREU, M. C. S.; JUNIOR, O. V. de C.; SOARES, F. de A.; FILHO, J. C. L. da S. Functional Relation between Socio Conduct and Economic Performance: Brazilian Textile Disclosure Reports. Contabilidade Vista & Revista, [S. l.], v. 20, n. 1, p. 119–142, 2009. Disponível em: https://revistas.face.ufmg.br/index.php/contabilidadevistaerevista/article/view/576. Acesso em: 20 dec. 2024.