Corporate governance in medium-sized companies with growth potential listed on Bovespa More

Abstract

Corporate governance is about how companies are run, monitored and encouraged. It is a very important topic that should be considered by all companies. Regardless of their size, listed or not, they can all enjoy the benefits of good corporate governance practices. Governance codes most often target large listed companies; However, there are initiatives to promote the adoption of governance practices by SMEs. There is a shortage of work related to corporate governance in developing countries, especially in consideration of SMEs. The work aims to collaborate in filling this gap, presenting an analysis of the most prominent governance dimensions of medium-sized companies with growth potential. The research is exploratory, descriptive and quantitative. Data were obtained through financial reports and websites of ten listed medium-sized companies. The results suggest that the rights dimensions of shareholders and board of directors present higher scores, followed by ethics and conflicts of interest and transparency. The work may collaborate with new research in relation to governance in medium-sized companies with growth potential, especially those that intend to access the capital market, as a way to obtain resources and finally present suggestions for future studies.