corporate governance
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Value allocation to stakeholder employees and its effect on the competitiveness of the banking sector.
... In this context, corporate social responsibility (CSR) is approached not only as a company's moral ... corporate ethics (Solomon, 1993), a way of exercising corporate governance (Freeman & Evans, 1990), a model of social contract (Donaldson & Dunfee, ...
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Fusoes e Aquisicoes em Periodos de Recessao.
... International corporate governance spillovers: Evidence from cross-border mergers and ...
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When a thousand words are (not) enough: an empirical study of the relationship between firm performance and attention to shareholders.
... , McKechnie, & Puffer, 1983) these channels are also relevant governance channels which reflect important concrete and contextual aspects of the ... Hypothesis: country level effects ... In the literature on corporate governance, researchers make a broad distinction between two governance ...
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Estrutura de Propriedade e Controle, Governança Corporativa e o Alisamento de Resultados no Brasil
Este artigo procura veri car a associação entre o alisamento de resultados e a estrutura de propriedade e controle, o nível de governança corporativa e a origem do capital. Usando uma amostra de empresas não nanceiras com ações negociadas na Bolsa de Valores de São Paulo no nal de 2007, efetivou-se uma análise de covariância, onde a variável dependente foi o índice de alisamento de Eckel,...
... Ownership and Control Structures, Corporate Governance and Income Smoothing in Brazil ... Damiana Torres ... -
Petrobras elects banned names, faces criticism
... election of three names prohibited by the state-owned companys governance committees. Efrain Cruz, Pietro Mendes, and Srgio Rezende had their names ... chairman of the board of Petrobras for the period 2023-2025.The corporate governance specialist and independent board member Geraldo Affonso ...
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A promoção de igualdade de gênero na administração de companhias abertas: primeiras reflexões
... International and Comparative Corporate Law Journal 7/1-70. 2010 ... ANDRADE, J. M. A. de, e BERCOVICI, G. A ... K., e SKIBNES, R. "Gender equality and corporate governance: policy strategies in Norway and New Zealand". Gender, Work and ...
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The World Financial Crisis and the International Financing of Brazilian Companies
The world financial crisis initiated in 2008 may have affected the international financing mix of firms in Brazil and their determinants, given its aftereffects. Financial crisis are recurrent events with varying degrees of severity. Many public Brazilian firms use international financing in their capital structure mix and it is relevant to understand their behavior during international crises....
... Key words : financial crisis; international corporate financing; capital structure; Brazilian listed firms ... BAR, Rio de ... significant determinant in 2008, and boast better corporate governance scores. Firms without international bank loans may be the most financially ... -
Modelo de auditoria contínua: framework de integração de dados
A aproximação de áreas de negócio com o uso de novas tecnologias, economia em tempo real, transações com vários países e em vários continentes com diferentes garantias legais são necessárias. Essas garantias podem ser adquiridas por meio da Auditoria Contínua (CA). No entanto, para poder realizar a análise, os auditores precisam ter acesso e extrair os dados. Pesquisadores anteriores enfatizam...
... requirements, such as the Sarbanes & Oxley (SOX) Act and Corporate Governance principles that offer a high level of transparency and an ... -
Government appointed 80% of state-run company’s board members
... based on data released by the Secretariat of Coordination and Governance of State-Owned Companies of the Ministry of Management. The data was ... The plan raises eyebrows among corporate governance experts ... "It’s not good governance changing a board ...
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Cuestiones estratégicas: una revisión sistemática de la literatura.
Aunque el concepto de cuestión estratégica (IS) se ha utilizado desde la década de 1970 como marco teórico para investigar y explicar varios fenómenos en la gestión organizacional y estratégica, hasta ahora se han realizado pocas revisiones sobre las IS. Este estudio pretende llenar este vacío. Se realizó una revisión sistemática de la literatura, que comprende 77 artículos empíricos y teóricos...
... contest the current status quo; this contestation gives rise to corporate issues ... In studies in business and society, the theme of ... initiatives is situated in a dynamic network of operational and governance channels” ( Ocasio & Joseph, 2005, p. 41 ) ... Several ... -
Análise da relação entre aspectos comportamentais e temporal com a acurácia da previsão do analista
The study analyzed the relationship between optimism, anchoring, overconfidence, representativeness, realism, commonality and time, with the accuracy in the profit forecast of analysts. Publicly traded Brazilian companies were considered in 2019, and correlation tests, mean differences and multiple regression analyses were applied. The results indicated that accuracy is negatively influenced by...
... In addition , it is able to favor corporate governance by encouraging transparency in the disclosure of ... -
Study of the relationship between overinvestment, leverage, and liquidity in companies listed in tehran stock exchange
This study was conducted aimed at examining the effect of companies’ liquidity and leverage on their overinvestment. Surplus liquidity can affect the financial behavior of companies and accompany them in generating overinvestment in projects. Likewise, the increase in capital of the companies can play a significant role in increasing their leverage. This study sought to answer two main questions:
... , and countries have sought to provide better conditions for corporate investment through deregulation so that they have more financial and ... Overconfidence, CEO selection, and corporate governance. J. Finance 63 (6), 2737–2784. 14 ... Hao, Y., Liu, X., Lin, C., ... -
Agressividade fiscal em sociedades de economia mista no Brasil
This article examines whether government control of companies is a factor influencing tax aggressiveness, through a comparative analysis of these firms versus privately controlled companies listed on the BM&FBovespa. The analysis covers the period from 2009 through 2013 and aggressiveness is measured by three metrics: effective tax rate (ETR), book-tax difference (BTD) and tax burden disclosed in
... However, corporate governance considerations can act to countervail this tendency, by ... -
Cessão de crédito detido contra devedor em recuperação judicial
... 26 Vide, por todos: HARNER, Michelle M. The Corporate Governance and Public Policy Implications of Activist Distressed Debt ...
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A Difusão do Investimento Sustentável: reflexões a partir da Iniciativa para a Bolsa de Valores Sustentável
Este artigo desenvolve uma reflexão sociológica sobre a construção social do mercado do Investimento Sustentável, provocada pelo surgimento da Iniciativa para a Bolsa de Valores Sustentável. Buscado familiarizar o leitor com o fazer sociológico, aponta possíveis caminhos de análise para explicar o fenômeno do investimento sustentável. Três aspectos são destacados: (1) o sistema de classificação...
... ão desenhados a partir da sigla ESG ( Environment, Society and Governance ), a qual substituiu a sigla PPP ( People , Planet and Pro"t ) mais ... development Forum, Sustainable team for the third King report on Corporate Governance e Integrated reporting committee of South Africa ... Vice ... -
Regime societário das empresas públicas e sociedades de economia mista
... In : HOPT, Klaus J.; TEUBNER, Gunther. Corporate ... In : HOPT, Klaus J.; TEUBNER, Gunther. Corporate governance ...
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As práticas de governança corporativa diminuem o gerenciamento de resultados? Evidências a partir da aversão na divulgação de prejuízos e de queda nos lucros
O artigo avaliou se as práticas preconizadas pelo mais alto nível de governança da Bovespa reduzem o gerenciamento de resultados. Comparando-se o histograma dos resultados trimestrais divulgados pelas companhias pertencentes ao Novo Mercado com a distribuição dos resultados das demais empresas, conclui-se que a discricionariedade na divulgação de prejuízos e de quedas nos lucros é mais...
... Does the governance practices reduce the earnings management? Evidences from aversion of ... Keywords : Earnings managemen. Corporate governance. Agency theory. Novo mercado ... Resumen ... El ... -
The mediating effect of transparency in the relationship between corporate social responsibility and corporate reputation.
... ), research analyzing the effect of social transparency related to nonfinancial and non-regulated features (ESG--environmental, social, governance--information) is less numerous, more heterogeneous and less conclusive. Whereas financial information should be understandable only to those with ...
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Trust in Financial Markets: the Role of the Human Element.
... cause for this fall was related to "managers' greed and poor corporate governance" (pp.128). Even more interestingly, they also reported that ...
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Do intangible assets matter to financial analysts in the Brazilian stock market?
1 Introduction ... Intangible assets are the main drivers of corporate value. Through brands, patents, know-how, software, processes, contracts, ... in the capital markets (Martinez, 2011); and (v) good corporate governance practices improve the financial analysts' earnings forecasts (Almeida & ...
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Social capital and internationalization of family SMEs in Campeche, Mexico: a qualitative comparative analysis.
... This form of social capital is vital for governance structures, in which communities interact with regulating bodies and ... Corporate Governance: An International Review, 23(1), 3-24 ... Fiss, P. C. (2008) ...
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Internal controls
... body, as well as an important agent in the company’s governance system ... In general, it can be said that it is up to the Supervisory ... Board members must act in harmony with other corporate governance bodies, in particular the Audit Committee and the internal ...
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On the Innately Political Character of Market Regulation/Sobre o carater politico inato da regulacao de mercado.
... Thailand and East Asia, in: SATO, Yoichiro (Org.), Growth and Governance in Asia, Honolulu: Asia-Pacific Center for Security Studies, 2004, p. 97 ... MATSUI, Tomoyou, Corporate Governance and Closely-held Companies in Japan: The Untold Story, in: ...
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Critérios jurídicos para a classificação contábil da obrigação atuarial por instituição financeira patrocinadora de plano de previdência complementar e deveres dos administradores
... 35 MASSE, David. The Role of Corporate Governance ... Text of a lecture presented in Montreal, Quebec on September ...
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Eficácia das cláusulas de exclusão e limitação de responsabilidade nos contratos de aquisições de sociedades
Este trabalho se propõe a discutir aspectos acerca da possibilidade de declaração de ineficácia de disposições concernentes à exclusão ou limitação da responsabilidade do dever de indenizar convencionadas nos contratos de aquisição de sociedades, em face de situações que signifiquem uma desconformidade ou inconsistência quanto às afirmações e informações consubstanciadas nas declarações e...
... Key words: Corporate Acquisitions, Defects of consent, Exclusion and limitations of liability, ... the Experts Group Meeting on Dispute Resolution and Corporate Governance held in Vienna, Austria, in March 2003, organized by the Organization for ...