Disclosure Via Website: Um Estudo dos Dez Principais Clubes Brasileiros de Futebol

Abstract

This research aims to assess the level of disclosure of accounting and social information on the websites of Brazil's top football clubs. A 25-item checklist, derived from existing literature, was employed to evaluate the voluntary web-based disclosure of the ten most valuable Brazilian clubs as ranked by Brand Finance. This checklist encompassed aspects such as accounting, finance, corporate governance, social responsibility, socioenvironmental factors, and sector transparency. Data was collected in August 2024. A scoring system was used, with 0 indicating non-disclosure and 1 indicating disclosure, to calculate the disclosure level for each section and overall. The results showed a satisfactory level of disclosure, with each club exceeding a 70% disclosure rate. However, there is potential for improvement. The analyzed clubs demonstrated a balanced understanding of the importance of transparency, leading to the conclusion of a generally good disclosure level, albeit with certain identified limitations.