Corporate Information Disclosure: background of determining factors
Divulgación de información corporativa: antecedentes de los factores que la determinan
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Abstract
This article aims to identify and analyze the antecedents of the determinants of corporate information disclosure based on a review of previous studies. To achieve this, a systematic literature review was conducted. The results show a growing and increased focus on the disclosure of information related to sustainability, while the disclosure of financial capital has taken a secondary role. Additionally, it was identified that factors such as size, leverage, and profitability have been extensively studied and consistently found to have a significant and positive relationship with information disclosure. Emerging factors, such as reputation and the legal system, were also identified, gaining interest in comparative studies. In conclusion, there is a need to expand the scope of empirical studies since most of the literature has been developed in companies located in Europe and North America.
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