Abstract
The aim of this study is to analyze the influence of certain characteristics associated with the corporate governance model on the level of disclosure of financial risks in non-financial entities listed in Euronext Lisbon. For this purpose, a content analysis of the reports and accounts of those companies was conducted for the periods 2017 to 2019 through a disclosure index based on the disclosure requirements contained in international financial reporting standards. Subsequently, in order to assess the influence of the corporate governance model on the level of risk disclosure, several simple linear regression models were estimated, which correlate the disclosure index with certain characteristics associated with the board of directors and the auditor. The results obtained show that larger boards of directors with greater gender diversity and auditors belonging to the Big 4 positively influence the level of disclosure of financial risks.
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