Disclosure of carbon credit operations in management publications

  • Vanderlei dos Santos Universidade Regional de Blumenau; Programa de Pós-Graduação em Ciências Contábeis
  • Ilse Maria Beuren Universidade Regional de Blumenau; Programa de Pós-Graduação em Ciências Contábeis
  • Rita Buzzi Rausch Universidade Regional de Blumenau; Programa de Pós-Graduação em Ciências Contábeis
Keywords: Accounting Disclosure, Carbon Credits, Management Reports, Explanatory Notes

Abstract

This study identifies the level of disclosure in management reports and explanatory notes regarding carbon credit operations as related to projects, funding, markets, accounting and taxation. A descriptive research with a qualitative approach was carried out in document analysis of 14 Brazilian companies, publicly traded, that have Clean Development Mechanism projects approved by the Interministerial Commission of Global Climate Change as listed by the Ministry of Science and Technology. By November28, 2008, 195 projects had been approved, 25 of these belonged to these 14 companies. Content analysis technique for management reports and explanatory notes was used for collection of data from the first carbon credits up to the third quarter of 2008. Results show that these companies do not disclose accounting and taxation of the carbon credit transactions in their reporting. Information most often published related to the form of generation of these credits and cost of investment. In conclusion, it is evident that management reports and explanatory notes of these companies with respect to transactions with carbon credits do not respect the full disclosure principle

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Published
2011-03-01
How to Cite
Santos, V., Beuren, I., & Rausch, R. (2011). Disclosure of carbon credit operations in management publications . REGE Revista De Gestão, 18(1), 53-73. https://doi.org/10.5700/rege414
Section
Finanças