Factors Influencing Voluntary Disclosure in the Annual Reports of Portuguese Foundations

• Type: Article in International Scientific Journal
• Date: 2017

Authors

Carvalho, AO (Author) Other; Rodrigues, LL (Author) Other; Manuel Castelo Branco (Author) FEP

Journal

Title: Voluntas

Vol. 28

Pages: 2278-2311

ISSN: 0957-8765

Publisher: Springer Nature

Indexing

ISI Web of Knowledge - 25 Citations

Scopus - 29 Citations

Other information

Authenticus ID: P-00M-WK5

DOI: 10.1007/s11266-017-9883-8

Abstract (EN): The aim of this paper is to examine the influence of Portuguese Foundation's characteristics on their annual report disclosure practices. Data were collected from 142 Foundations in Portugal, which represents 50.9% of the Portuguese foundational sector. Supported by a Structural Equation Model (SEM), this study evaluates cause-effect relationship between Voluntary Disclosure, Board Structure, Organizations' Characteristics and the existence of Auditing. Findings reveal that Organizations' Characteristics influence the forms of Auditing, and on its turn, Auditing has a positive indirect impact on Voluntary Disclosure. Contrary to expectations, Board Structure does not affect Voluntary Disclosure. This paper fills a void in the literature by examining the impact of Foundations' characteristics on their voluntary disclosure of financial and non-financial information.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 34