Corporate reporting on risks: Evidence from Spanish companies: Información corporativa de riesgos: pruebas de empresas españolas

Luis Rodríguez-Domínguez; Ligia Carolina Noguera Gámez

doi:10.1016/j.rcsar.2013.10.002

Autores/as

Luis Rodríguez-Domínguez
Ligia Carolina Noguera Gámez

DOI: https://doi.org/10.1016/j.rcsar.2013.10.002

Palabras clave: Corporate disclosure, Financial risks, Corporate risks, Voluntary disclosure

Resumen

En el actual entorno empresarial, la información corporativa sobre riesgos desempeña un papel esencial en el proceso de toma de decisiones y en una adecuada valoración de las diferentes organizaciones.El presente estudio examina los principales riesgos revelados por las mayores empresas españolas y analiza los factores subyacentes a esta revelación, especialmente aquellos vinculados al gobierno corporativo.El análisis de contenidos realizado muestra que las empresas españolas apenas informan sobre sus riesgos. Su revelación se centra principalmente en características básicas de riesgos financieros.Asimismo, los resultados obtenidos subrayan la complejidad de la revelación voluntaria de riesgos. Mientras que un consejo de mayor tamaño puede facilitar la provisión de información más detallada sobre los riesgos requeridos por la actual regulación, este tiende a adoptar una política más conservadora y prudente de revelación en lo que respecta a la divulgación voluntaria. Además, se evidencia la relevancia de la transparencia como elemento disuasivo a la hora de proporcionar información voluntaria por parte de las grandes empresas, como consecuencia de las preocupaciones por las repercusiones estratégicas negativas.

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Biografía del autor/a

Luis Rodríguez-Domínguez

Facultad de Economia y Empresa
Edificio FES
Edificio FES
Campus Miguel de Unamuno
Salamanca
SPAIN

Citas

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Información corporativa de riesgos: pruebas de empresas españolas