Corporate governance practices in brazilian family construction companies

Autor:	Rayza Mirelle Francelino Nicácio, João Alberto Neves dos Santos, Carlos Alberto Pereira Soares, Wainer da Silveira e Silva
Jazyk:	English<br />Spanish; Castilian
Rok vydání:	2019
Předmět:	corporate governance family business Brazilian construction companies. Technology Mining engineering. Metallurgy TN1-997
Zdroj:	Dyna, Vol 86, Iss 209, Pp 281-288 (2019)
Druh dokumentu:	article
ISSN:	0012-7353 2346-2183
DOI:	10.15446/dyna.v86n209.77135
Popis:	InBrazil, family construction companies provide a significant share of goods and services in the construction industry. To protect themselves against fraud, crises and problems inherent to family organizations, these corporations need to implement at least basic corporate governance recommendations. This study evaluates the practices suggested by the Brazilian Institute of Corporate Governance (IBGC) based on a survey of 33 organizations. Our results indicate that construction companies in the country start their governance models by standardizing and professionalizing their business; however, they only start considering the family influence in later stages. The average scores obtained for the recommendations investigated suggest poor implementation of corporate governance practices in Brazilian family construction companies.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/0f8568ad4dac4522b4c50ce461de652e Zobrazit plný text záznamu View record in DOAJ