“…In the international literature, the so-called good CG practices help to reduce information asymmetries between the investors and stimulate the flow of international capital (e.g. Kashmartian et al, 2011;Lauterbach and Pajuste, 2017), having a relationship with strategy, competitiveness, firm value, and business sustainability (Kashmartian et al, 2011;Ribeiro et al, 2014;Cosset et al, 2016;Ntim, 2016).The complexity of the business world has led to growing demands on companies in relation to the information provided by them on financial performance, management, CG and their contribution towards the development of sustainability (Garcıa-Sanchez et al, 2013;Frias-Aceituno et al, 2014;Lauterbach and Pajuste, 2017). Notwithstanding this, strategic business positioning aligned with sustainability would suggest that in such a condition socially responsible companies should provide important information, through their accounting, to shareholders and other stakeholders.…”