INDEPENDENT AUDIT AND ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) DISCLOSURE

Disclosure of environmental, social, and governance (ESG) information, on the one hand, reduces certainties and certainly minimizes agency costs. On the other hand, it can disguise opportunistic behaviors by managers, who may start to escape these practices for personal benefits. Thus, one can obser...

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Detalles Bibliográficos
Autores: Guedes, Francisca Yasmin de Aguiar, Brasil, Carolina Machado, Garcia, Editinete André da Rocha
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2023
País:Brasil
Institución:Centro Universitário Christus (Unichristus)
Repositorio:Revista Gestão em Análise (Online)
Idioma:portugués
OAI Identifier:oai:ojs.emnuvens.com.br:article/4673
Acceso en línea:https://periodicos.unichristus.edu.br/gestao/article/view/4673
Access Level:acceso abierto
Palabra clave:ESG
agency theory
independent audit
auditoria independente
teoria da agência
Descripción
Sumario:Disclosure of environmental, social, and governance (ESG) information, on the one hand, reduces certainties and certainly minimizes agency costs. On the other hand, it can disguise opportunistic behaviors by managers, who may start to escape these practices for personal benefits. Thus, one can observe the positive or negative effects of ESG information depending on the interests of the agents involved in its disclosure. One way to minimize these conflicts is through audit work. Thus, the essay aims to discuss the role of independent auditing in ESG information evidenced by entities in the light of Agency Theory.