Among the determinant factors for disclosing information of environment nature, the following stand out:
(i)variables related to the type of company: sector, capital controls, and quotation on the stock exchange;
(ii)size variables: number of employees, volume of sales, total assets;
(iii)financial variables: profitability, capitalization value of shares on the stock exchange, debt;
(iv)external variables: social, political, and cultural aspects, influence from the media, affiliation with nongovernmental organizations, social pressures, government pressures, pressure from creditors, and audit type.