Divulgação do informe sobre o código brasileiro de governança corporativa conforme instrução normativa CVM 586/17: um estudo das companhias abertas do setor de energia elétrica

Abstract

The objective of this study is to identify the level of adherence in 2018 by companies in the energy sector to CVM Normative Instruction 586/17. For this purpose, a survey was carried out of companies in the chosen sector that sent the "Report on the Brazilian Code of Corporate Governance" to B3 in compliance with the obligation of the CVM. The sample consists of 16 companies in the chosen sector, 15 of which were mandatory and 1 was voluntary. The survey results show that the industry's total adoption rate was 59%. By means of the tests of average, the results pointed out that the fact of the company being of public or private capital, affects the adoption of the items of the Code. It is also concluded that the practices most adopted by energy companies were regarding the items of the Board of Executive Officers, while those with less adherence were the items of the Board of Directors.