Case study on corporate governance disclosure in Brazil

Government and regulators in Brazil recognize that corporate governance is one of the main factors holding back the development of Brazil’s capital markets and are keenly aware of the link between the size and health of capital markets, the cost of capital and overall macroeconomic growth. As a consequence, a number of initiatives have been launched, some of them quite innovative, in order to enhance the governance of companies. Brazil continues to work on legislative and regulatory reforms, as well as on the use of voluntary market mechanisms to encourage companies to improve their governance; this makes the country an interesting case study.

Sustainable Development Goals:

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions