GOVERNANÇA CORPORATIVA: TEORIA E BENEFÍCIOS DE SUA APLICAÇÃO NA GESTÃO

Abstract

This paper presents the concept of corporate governance, identifying it with good corporate management practices. Soon after this work presents the history of corporate governance in the world, warning that the techniques already existed but were not used until the moment when some frauds occur and corporate governance becomes legally mandatory for a group of companies. Then he presents the creation of the Brazilian Institute of Corporate Management as the starting point for the debate on the application of good management practices in Brazil. Next, the benefits of using corporate governance are presented, explaining that the creation of a fiscal council, an audit committee and especially a board of directors are important for the company to be more effective. The use of governance techniques allows the company to be more transparent, and deliver more assertive reports on the company's situation to managers, partners and investors, enabling investors to better assess the company's situation.