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OBSTACLES FOR THE COMPLIANCE WITH GOOD CORPORATE GOVERNANCE AND PRACTICES FOR PUBLICLY TRADED AND CLOSED BRAZILIAN COMPANIES
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Oderlene Vieira de Oliveira 
, Marcelle Colares Oliveira , Sérgio Henrique Arruda Cavalcante Forte , Vera Maria Rodrigues Ponte
Abstract
This study aims to identify the perceptions of executives from Brazilian companies traded and closed on obstacles for the adherence to good corporate governance practices. Therefore, a structured questionnaire was sent to 516 companies. We concluded that the perceptions of executives from Brazilian companies traded and closed differ with respect to amounts allocated; being most of the obstacles (ten out of thirteen) in adhering to good corporate governance practices. What could possibly be explained, is that the fact of a group having already gone through the process or have already duly joined this practice and not the other.
Keywords: Corporate Governance, Obstacles to Good Corporate Governance, Corporate Governance Practices
How to cite this paper: Vieira de Oliveira, O., Colares Oliveira, M., Forte, S. H. A. C., & Rodrigues Ponte, V. M. (2012). Obstacles for the compliance with good corporate governance and practices for publicly traded and closed Brazilian companies. Corporate Ownership & Control, 9(3), 142-154. https://doi.org/10.22495/cocv9i3art12
