Corporate governance practices in brazilian family construction companies

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1. Verfasser: Rayza Mirelle Francelino Nicácio
Format: Artículo científico
Sprache:en
Veröffentlicht: Universidad Nacional de Colombia 2019
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author Rayza Mirelle Francelino Nicácio
author_facet Rayza Mirelle Francelino Nicácio
contents Corporate governance practices in brazilian family construction companies Rayza Mirelle Francelino Nicácio João Alberto Neves dos Santos Carlos Alberto Pereira Soares Wainer da Silveira e Silva Ingeniería family business Corporate governance brazilian construction companies In Brazil, 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 aims to evaluate the practices suggested by the Brazilian Institute of Corporate Governance (IBGC) based on a survey of 33 Brazilian organizations for convenience. 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. 2019 artículo científico 0012-7353 https://www.redalyc.org/articulo.oa?id=49662418033 https://www.redalyc.org/journal/496/49662418033/ https://www.redalyc.org/journal/496/49662418033/html/ https://www.redalyc.org/journal/496/49662418033/49662418033.epub https://www.redalyc.org/journal/496/49662418033/movil 10.15446/dyna.v86n209.77135 en http://www.redalyc.org/revista.oa?id=496 Dyna application/pdf Universidad Nacional de Colombia Dyna (Colombia) Num.209 Vol.86
format Artículo científico
id redalyc_49662418033
institution Redalyc
language en
publishDate 2019
publisher Universidad Nacional de Colombia
spellingShingle Corporate governance practices in brazilian family construction companies
Rayza Mirelle Francelino Nicácio
Ingeniería
family business
Corporate governance
brazilian construction companies
Corporate governance practices in brazilian family construction companies Rayza Mirelle Francelino Nicácio João Alberto Neves dos Santos Carlos Alberto Pereira Soares Wainer da Silveira e Silva Ingeniería family business Corporate governance brazilian construction companies In Brazil, 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 aims to evaluate the practices suggested by the Brazilian Institute of Corporate Governance (IBGC) based on a survey of 33 Brazilian organizations for convenience. 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. 2019 artículo científico 0012-7353 https://www.redalyc.org/articulo.oa?id=49662418033 https://www.redalyc.org/journal/496/49662418033/ https://www.redalyc.org/journal/496/49662418033/html/ https://www.redalyc.org/journal/496/49662418033/49662418033.epub https://www.redalyc.org/journal/496/49662418033/movil 10.15446/dyna.v86n209.77135 en http://www.redalyc.org/revista.oa?id=496 Dyna application/pdf Universidad Nacional de Colombia Dyna (Colombia) Num.209 Vol.86
title Corporate governance practices in brazilian family construction companies
topic Ingeniería
family business
Corporate governance
brazilian construction companies
url https://www.redalyc.org/articulo.oa?id=49662418033
https://www.redalyc.org/journal/496/49662418033/
https://www.redalyc.org/journal/496/49662418033/html/
https://www.redalyc.org/journal/496/49662418033/49662418033.epub
https://www.redalyc.org/journal/496/49662418033/movil