Determinants of information disclosure in Latin American universities for good corporate governance

In the context that the disclosure of information brings benefits for society, this work answers the questions of what are the causes for different levels of disclosure of information by Latin American universities. The research proposes a theoretical model and four dimensions (and variables) to understand the levels of voluntary dissemination of information. A total of 219 universities from five Latin American countries were considered to answer the research question; these universities are recognized within the 500 best institutions in the Region. Also, a multiple linear regression model was used to test the different hypotheses. The results validate both the theoretical model and its dimensions, which leads to theoretical, empirical and public policy implications.