Publication: Corporate Governance Country Assessment : Brazil
Date
2012-06
ISSN
Published
2012-06
Author(s)
World Bank
Abstract
This report assesses Brazil's
corporate governance policy framework. It highlights recent
improvements in corporate governance regulation, makes
policy recommendations, and provides investors with a
benchmark against which to measure corporate governance in
Brazil. It is an update of the 2005 corporate governance
Report on the Observance of Standards and Codes (ROSC).
Brazil's experience over the past 10 years has shown
the value of corporate governance reforms, both in Brazil
and around the world. Good corporate governance enhances
investor trust, helps to protects minority shareholders, and
can encourage better decision making and improved relations
with workers, creditors, and other stakeholders. It is an
important prerequisite for attracting the patient capital
needed for sustained long-term economic growth. This report
is organized into four sections: section one is the
commitment of the public and private sectors to reform;
section two is shareholder rights; section three is
disclosure and transparency; and section four is boards of directors.
Citation
“World Bank. 2012. Corporate Governance Country Assessment : Brazil. © Washington, DC. http://openknowledge.worldbank.org/handle/10986/15957 License: CC BY 3.0 IGO.”