March 2018

Corporate Governance in Brazil: The Push for Reform

Political uncertainty in Brazil has cast doubt on the possibility of further corporate governance reforms at the regulatory level. However, over the last five years, Brazilians have taken many steps toward improving corporate governance standards and professionalizing board structures. The discussion will address the state of corporate governance in Brazil as well as the challenges associated with reform. From the recent launch of Brazil's Stewardship Code to Vale's path-breaking election of two female board candidates, much is changing in the Brazilian corporate board room.