A governança corporativa das empresas estatais da União

Abstract

This research discoursed about the corporate governance of the state's direct control. Its general objective is to compare the governance structures of public companies and mixed capital companies in the Union, based on the regulation of the State Law (Law 13303/2016). This is a qualitative and quantitative research of corporate character and cross-sectional type. The sample is made up of 45 cases (state-owned companies - public companies and mixedcapital companies). Based on the analysis of the 64 (sixty-four) governance indicators, it was possible to identify that there are differences in the governance structure of state-owned enterprises with regard to the management tools, control and audit; transparency of information; advices, committees and board of directors; ethics and conflicts of interest. It is concluded that, despite the expiration of the legal deadline, not all state-owned companies in the Union have effectively been able to fully comply with best corporate governance practices.