O conselho fiscal e a governança corporativa: transparência e gestão de conflitos

Abstract

The objective of this article is to survey the opinions of members of the Advisory Board of companies listed on the Bolsa de Valores de Sao Paulo (Stock Exchange of São Paulo), at levels 1, 2 and new market with regard to compliance of the corporate governance practices planned for the advice of tax institutions. The techniques used in this descriptive study, to obtain information were interviews, observations and questionnaires (with closed-type questions, constructed by means of statements to the methods of the Likert scale). The list of companies at levels 1, 2 and new market was made in 2007. The research result shows that tax advisors have, in fact, aware of their responsibilities and that such practices generate value for shareholders. It was observed that although the companies comply with the concepts of good governance do not include the application of this mechanism the council tax, keeping just within the rules laid down in law of corporations.