The aim of this article is to show the existence of a relationship between voluntary disclosure via corporate websites and the ex-ante cost of capital of companies listed on the BM&FBovespa. Ordinary Least-Squares regression equations produced the following results: (a) on average, the companies...

Recently, increased competition has prompted companies to enhance their organizational efficiency. One of the areas most influenced by this pressure is supply management, which uses a large percentage of corporate assets and has the potential to negatively affect customer service. Another...