This book provides a detailed historical description of the evolution of corporate governance and stock markets in Brazil in the late nineteenth and twentieth centuries. In particular, it covers the rights that shareholders had to restrict the actions of managers, and how that shaped different approaches to corporate finance over time.
Aldo Musacchio Book order


- 2015
- 2009
Experiments in Financial Democracy
Corporate Governance and Financial Development in Brazil, 1882 1950
- 326 pages
- 12 hours of reading
Focusing on the historical development of corporate governance and stock markets, this book explores Brazil's financial landscape from the late nineteenth century into the twentieth century. It provides a comprehensive analysis of how these systems evolved, highlighting key events, regulatory changes, and their impact on Brazil's economic growth and corporate practices. Through meticulous research, it sheds light on the interplay between governance structures and market dynamics in shaping Brazil's financial institutions.