Brazil is selected as the best in corporate governance among emerging markets

Hildete VodopivesJune 17, 2010Brazil, BusinessBradesco Corretora, Brazil, China, Corporate governance, ICGN, Novo Mercado, South Korea

A panel of 350 investors selected Brazil as the emerging country with the best corporate governance, in a vote conducted by ICGN (International Corporate Governance Network). Brazil received 71% of the votes, followed by China (15%), India (9%) and South Korea (5%). Initiatives such as the “Novo Mercado” (establishing stricter corporate governance standards for companies going public) are among the reason for this result.

Source: Bradesco Corretora

Published by Hildete Vodopives

Hildete de Moraes Vodopives is founder of Brazil Global and of the Harvard Strategists Group. She has a PhD in Economic History and advises companies and investment agencies in international business development.She served as Corporate Relations Director and later, on the board of the Brazilian Investment Analysts Association (APIMEC). View more posts

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