Browsing by Subject "Disclosure"

Now showing 1 - 8 of 8
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    Corporate corruption management : a proposal for an accountability framework
    (Universidad de Murcia, Servicio de Publicaciones, 2025) Vázquez Oteo, Orencio; García-Torea, Nicolás; de la Cuesta-González, Marta
    This study develops an anti-corruption accountability framework covering relevant thematic aspects and in-dicators that stakeholders require to assess firms commitment to fighting corrupt practices. Relying on dialo-gic accountability premises, the study performs a research engagement exercise with Spanish stakeholdersorganized in two phases to gather and integrate their multiple views. First, semi-structured interviewswere held with actors representing relevant constituencies to identify key thematic aspects to assess firmsanti-corruption. Second, a focus group was organized with representatives of information users to define aset of suitable indicators to evaluate those aspects. The resulting anti-corruption accountability frameworkconsists of 68 indicators that evaluate 27 key thematic aspects grouped into four overarching blocks. Byhelping make corporations accountable for managing corruption, the study offers insights to policy-makersand managers, particularly in the EU, where firms are mandated to report on anti-corruption. From a methodological perspective, the study shows the instrumentality of dialogic accountability to design spaceswhere firms and stakeholders can collaboratively interact and discuss the information the former shouldprovide to allow the latter to assess corporate commitment on social and environmental topics, such asanti-corruption.
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    Cost–benefit analysis of intellectual capital disclosure: University stakeholders’ view
    (2013) Ramírez Córcoles, Yolanda; Tejada Ponce, Ángel
    The reporting of intellectual capital in higher education institutions becomes of vital importance mainly due to the fact that knowledge is the main output and input in these institutions. Also, the increasing social concern about establishing procedures of accountability and ensuring information transparency in public universities prompted us to raise the need to disclose information on their intellectual capital. This paper aims to know the main reasons why Spanish universities do not disclose information about their intellectual capital in the current accounting information model and the positive consequences that may result from such disclosure. To this end a questionnaire was designed and sent to all the members of the Social Councils of Spanish public universities. The obtained results show that intellectual capital disclosure results in a higher transparency of the institution, increased user satisfaction and improved credibility, image and reputation of the University, while it is the lack of internal systems of identification and measurement of intangible elements the main reason for not disclosing information on intellectual capital.
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    Determinants of sustainability information disclosure of local governments in Latin America
    (Universidad de Murcia, Servicio de Publicaciones, 2022) León-Silva, Jeimi Maribel; Dasí-González, Rosa María; Montesinos Julve, Vicente
    This paper analyses the socioeconomic factors that influence the disclosure of sustainability information on 99 local government websites in 2018 in countries that make up the Pacific Alliance (PA) in Latin America, associated with internal and external demands that public entities have for accountability in social and environmental issues. We use as methodology a content analysis of the sustainability information disclosed by local entities on their websites and a regression of Ordinary Least Squares (OLS). This article shows empirical evidence that the size, budget capacity and the economic level of the municipality are factors associated with the sustainability disclosure on websites due to internal and external factors impacting the decisions and actions taken by the entities related to the sustainability and its disclosure. These results are important for academic and technical discussions in a region with specific characteristics different from most countries studied in previous literature on the subject.
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    El efecto de la innovación en el resultado empresarial durante la recesión económica. Una aplicación a la industria de la automoción
    (2018) Somohano Rodríguez, Francisco M.; López Fernández, José Manuel; Martínez García, Francisco Javier
    El objetivo de nuestra investigación es profundizar en el efecto de la competencia en la innovación y el resultado. Hemos aplicado el análisis en un sector caracterizado por la intensidad tecnológica de las cadenas de producción: los fabricantes de componentes del sector de la automoción español. Hemos utilizado los datos del período de la recesión económica de 2008 para reducir el efecto del desfase del rendimiento de la innovación. La muestra incluyó un total de 920 empresas (81% pymes y 19% grandes empresas). En el contexto de la recesión económica de 2008 se observa que las empresas que innovan menos experimentan peores resultados y, lo que es más importante, que existe un umbral de innovación a partir del cual la productividad marginal es decreciente. Desde los enfoques teóricos utilizados, y en nuestra opinión, marca el límite entre el paradigma estructura-conducta-resultado y el enfoque basado en los recursos y las capacidades
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    Un Examen de los Factores Explicativos del Empleo de las Presentaciones a Analistas en la Empresa Española
    (2006) García-Meca, Emma; Martínez Conesa, Isabel; Larrán Jorge, Manuel
    Las empresas cotizadas organizan regularmente encuentros restringidos con analistas financieros en aras del flujo de información con el mercado y la correcta valoración de sus títulos. El objetivo de este estudio es analizar las variables que influyen en el empleo de presentaciones a analistas por parte de las empresas integrantes en el Índice General de la Bolsa de Madrid. Los resultados evidencian que, en España, las compañías que se comunican con analistas a través de presentaciones muestran un tamaño significativamente superior frente a aquellas que no emplean este canal, siendo la pertenencia al IBEX 35 y la existencia de departamentos de Relaciones con Inversores los factores determinantes de la celebración de estos encuentros
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    Exploring determining factors of web transparency in the world’s top universities
    (2018) Saraite-Sariene, Laura; Gálvez Rodríguez, María del Mar; Haro de Rosario, Arturo
    This paper aims to analyze the online transparency of the top 100 Universities in the world and determine which factors influence the degree of online transparency achieved by these institutions. To this end, a global transparency index was developed comprising of four dimensions (“E-Information”, “E-Services”, “E-Participation” and “Navigability, Design and Accessibility”). From the analysis of the various dimen- sions, it is worth noting that universities are aware of the importance of having a web page with adequate “Navigability, Design and Accessibility”. In contrast, “E-information” is the least valued dimension due to universities focusing their attention on the disclosure of general information rather than on more specific issues. In addition, a multivariate regression equation was used to test the relationship between the online information disclosed and a particular set of factors. As main findings, younger universities of greater size and which are privately funded are the ones most interested in utilizing web pages
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    How to motivate opinion leaders to spread e-WoM on social media: monetary vs non-monetary incentives
    (2022) López, Manuela; Sicilia, María; Verlegh, Peeter WJ; Comercialización e Investigación de Mercados
    Purpose Opinion leaders are increasingly important as a source of information, with consumers judging them to be more credible than other media and more influential than other consumers. Thus, companies have an interest in engaging opinion leaders to post about products and brands, and the authors analyse different incentives for encouraging them to spread the word on social media (via electronic word-of-mouth [e-WoM]). Design/methodology/approach A 2 × 3 between-subjects experimental design was developed in which 359 technological opinion leaders (bloggers) participated. The authors manipulated the monetary incentive (money vs no money) and non-monetary incentives (information only vs return product vs keep product) offered in exchange for a brand post. Findings Various techniques for approaching opinion leaders are effective, but to differing degrees. Providing a product free of charge increases the likelihood that opinion leaders will post about it, and the highest intention to post is observed when they are allowed to keep the product. In contrast, giving money to opinion leaders could have an indirect negative impact on their intention to post through the expected negative reaction of followers. Originality/value It remains unclear how opinion leaders can best be encouraged to spread e-WoM, as incentives used for consumers may work differently for opinion leaders, who have followers that they want to maintain. The main contribution of this paper lies in its explanation of why opinion leaders react differently to monetary versus non-monetary incentives.
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    Presente y futuro de la divulgación de información sobre riesgos en las empresas españolas cotizadas no financieras
    (2020) Amezaga-Alonso, María Teresa; Cilleruelo-Carrasco, Ernesto; Zarrabeitia-Bilbao, Enara; Ruiz-de-Arbulo-López, Patxi
    Este trabajo investiga las razones y los beneficios esperados por las empresas españolas cotizadas no financi-eras para divulgar información sobre riesgos, así como las posibles motivaciones para no hacerlo. Investigala situación actual de la divulgación de riesgos, pero también mira hacia adelante y estudia cómo será éstaen un futuro próximo. A la vista de un entorno cada vez más demandante de información, busca ideas quepermitan mejorar esta práctica.Con el objetivo de conseguir los puntos de vista de las partes implicadas (preparadores y usuarios de lainformación de riesgos) y obtener una opinión consensuada entre ellos, realizamos un estudio Delphi. Elgrupo de expertos estuvo formado por veintidós personas, trece directores de auditoría interna de empresasespañolas cotizadas no financieras, cinco analistas financieros y cuatro académicos. Realizamos tres rondasde preguntas entre los meses de enero y julio de 2017.El estudio concluye, entre otras cosas, que la demanda de información sobre riesgos aumentará en lospróximos años, que los beneficios derivados de la divulgación compensan a las empresas de cualquier costeasociado a ella, y que el legislador debe desarrollar más disposiciones legales que aseguren mayor claridady consistencia de la información, y mayor comparabilidad entre compañías