{"id":"https://openalex.org/W2013245171","doi":"https://doi.org/10.1111/j.1467-8683.2006.00490.x","title":"Boards of Directors of Publicly\u2010Held Companies in Brazil: profile and implications for minority shareholders","display_name":"Boards of Directors of Publicly\u2010Held Companies in Brazil: profile and implications for minority shareholders","publication_year":2006,"publication_date":"2006-03-01","ids":{"openalex":"https://openalex.org/W2013245171","doi":"https://doi.org/10.1111/j.1467-8683.2006.00490.x","mag":"2013245171"},"language":"en","primary_location":{"id":"doi:10.1111/j.1467-8683.2006.00490.x","doi":"https://doi.org/10.1111/j.1467-8683.2006.00490.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1467-8683.2006.00490.x","pdf_url":null,"source":{"id":"https://openalex.org/S77308338","display_name":"Corporate Governance An International Review","issn_l":"0964-8410","issn":["0964-8410","1467-8683"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-3","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Corporate Governance: An International Review","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5043752466","display_name":"Richard Saito","orcid":"https://orcid.org/0000-0002-9512-9071","observed_orcids":["https://orcid.org/0000-0002-9512-9071"]},"institutions":[{"id":"https://openalex.org/I4400600936","display_name":"Escola de Administra\u00e7\u00e3o de Empresas de S\u00e3o Paulo","ror":"https://ror.org/02c0rrp38","country_code":"BR","type":"education","lineage":["https://openalex.org/I4400600936","https://openalex.org/I44202434"]},{"id":"https://openalex.org/I44202434","display_name":"Funda\u00e7\u00e3o Getulio Vargas","ror":"https://ror.org/01evzkn27","country_code":"BR","type":"education","lineage":["https://openalex.org/I44202434"]}],"countries":["BR"],"is_corresponding":true,"raw_author_name":"Richard Saito","raw_affiliation_strings":["Escola de Administrac\u0327a\u0303o de Empresas de Sa\u0303o Paulo of Fundac\u0327a\u0303o Getu\u0301lio Vargas (FGV)","Escola de Administra\u00e7\u00e3o de Empresas de S\u00e3o Paulo of Funda\u00e7\u00e3o Get\u00falio Vargas (FGV)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Escola de Administrac\u0327a\u0303o de Empresas de Sa\u0303o Paulo of Fundac\u0327a\u0303o Getu\u0301lio Vargas (FGV)","institution_ids":["https://openalex.org/I4400600936","https://openalex.org/I44202434"]},{"raw_affiliation_string":"Escola de Administra\u00e7\u00e3o de Empresas de S\u00e3o Paulo of Funda\u00e7\u00e3o Get\u00falio Vargas (FGV)","institution_ids":["https://openalex.org/I4400600936","https://openalex.org/I44202434"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5090656201","display_name":"Marcos Galileu Lorena Dutra","orcid":"https://orcid.org/0009-0004-7512-7441","observed_orcids":["https://orcid.org/0009-0004-7512-7441"]},"institutions":[{"id":"https://openalex.org/I17974374","display_name":"Universidade de S\u00e3o Paulo","ror":"https://ror.org/036rp1748","country_code":"BR","type":"education","lineage":["https://openalex.org/I17974374"]}],"countries":["BR"],"is_corresponding":false,"raw_author_name":"Marcos Galileu Lorena Dutra","raw_affiliation_strings":["University of Sa\u0303o Paulo Law School","University of S\u00e3o Paulo Law School"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Sa\u0303o Paulo Law School","institution_ids":["https://openalex.org/I17974374"]},{"raw_affiliation_string":"University of S\u00e3o Paulo Law School","institution_ids":["https://openalex.org/I17974374"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5043752466"],"corresponding_institution_ids":["https://openalex.org/I4400600936","https://openalex.org/I44202434"],"apc_list":{"value":4030,"currency":"USD","value_usd":4030},"apc_paid":null,"fwci":0.9947,"has_fulltext":false,"cited_by_count":15,"citation_normalized_percentile":{"value":0.83880522,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":96},"biblio":{"volume":"14","issue":"2","first_page":"98","last_page":"106"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14102","display_name":"Corporate Governance and Law","score":0.0006000000284984708,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11047","display_name":"Gender Diversity and Inequality","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/3318","display_name":"Gender Studies"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/board-of-directors","display_name":"board of directors","score":0.9309999942779541},{"id":"https://openalex.org/keywords/board-independence","display_name":"board independence","score":0.8429999947547913},{"id":"https://openalex.org/keywords/controlling-shareholders","display_name":"controlling shareholders","score":0.9129999876022339},{"id":"https://openalex.org/keywords/minority-shareholders","display_name":"minority shareholders","score":0.9649999737739563},{"id":"https://openalex.org/keywords/proxy-voting","display_name":"proxy voting","score":0.6620000004768372},{"id":"https://openalex.org/keywords/shareholder-meetings","display_name":"general meeting of shareholders","score":0.7580000162124634},{"id":"https://openalex.org/keywords/director-selection","display_name":"director selection","score":0.5389999747276306},{"id":"https://openalex.org/keywords/corporate-governance","display_name":"corporate governance","score":0.7360000014305115}],"concepts":[{"id":"https://openalex.org/C120757647","wikidata":"https://www.wikidata.org/wiki/Q381136","display_name":"Shareholder","level":3,"score":0.9533076286315918},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.7576793432235718},{"id":"https://openalex.org/C2780148112","wikidata":"https://www.wikidata.org/wiki/Q1432581","display_name":"Proxy (statistics)","level":2,"score":0.7177780866622925},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6738517880439758},{"id":"https://openalex.org/C520049643","wikidata":"https://www.wikidata.org/wiki/Q189760","display_name":"Voting","level":3,"score":0.6610060930252075},{"id":"https://openalex.org/C35651441","wikidata":"https://www.wikidata.org/wiki/Q625303","display_name":"Independence (probability theory)","level":2,"score":0.4695582687854767},{"id":"https://openalex.org/C25253098","wikidata":"https://www.wikidata.org/wiki/Q2609670","display_name":"Corporate law","level":3,"score":0.4439196288585663},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.44207683205604553},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.26041683554649353},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.21966198086738586},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.18839353322982788},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.12407028675079346},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1111/j.1467-8683.2006.00490.x","doi":"https://doi.org/10.1111/j.1467-8683.2006.00490.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1467-8683.2006.00490.x","pdf_url":null,"source":{"id":"https://openalex.org/S77308338","display_name":"Corporate Governance An International Review","issn_l":"0964-8410","issn":["0964-8410","1467-8683"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-3","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Corporate Governance: An International Review","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:bla:corgov:v:14:y:2006:i:2:p:98-106","doi":null,"is_oa":false,"landing_page_url":"http://www.blackwell-synergy.com/doi/abs/10.1111/j.1467-8683.2006.00490.x","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.6601999998092651,"id":"https://metadata.un.org/sdg/16","display_name":"Peace, justice, and strong institutions"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":16,"referenced_works":["https://openalex.org/W1496020752","https://openalex.org/W1560803879","https://openalex.org/W1566068427","https://openalex.org/W2035506393","https://openalex.org/W2037832385","https://openalex.org/W2096718584","https://openalex.org/W2111562586","https://openalex.org/W2123397272","https://openalex.org/W2127839771","https://openalex.org/W2899916002","https://openalex.org/W3121759882","https://openalex.org/W3123091495","https://openalex.org/W3123504461","https://openalex.org/W3123745296","https://openalex.org/W4255071407","https://openalex.org/W7098809461"],"related_works":["https://openalex.org/W1992393673","https://openalex.org/W1984791407","https://openalex.org/W1856020609","https://openalex.org/W7098979989","https://openalex.org/W7064840832","https://openalex.org/W3035059201","https://openalex.org/W1665950033","https://openalex.org/W7028318164","https://openalex.org/W3123587713","https://openalex.org/W7140255762"],"abstract_inverted_index":{"We":[0],"analyse":[1],"the":[2,5,37,43,60,66,78,106,116],"profile":[3],"of":[4,7,9,45,47,108,118],"boards":[6],"directors":[8,48],"142":[10],"Brazilian":[11],"publicly\u2010held":[12],"companies":[13],"in":[14,49,95,97,102],"1999.":[15],"Directors":[16],"were":[17],"divided":[18],"into":[19],"four":[20],"distinct":[21],"categories,":[22],"following":[23],"Bhagat":[24],"and":[25,100],"Black":[26],"(2000":[27],"Working":[28],"Paper":[29],"no.":[30],"143,":[31],"Columbia":[32],"Law":[33],"School)":[34],"criteria":[35],"for":[36,105],"US":[38],"market.":[39],"Our":[40,56],"survey":[41],"analyses":[42],"degree":[44],"independence":[46],"relation":[50],"to":[51,83,88],"their":[52,81],"respective":[53],"controlling":[54,61],"shareholders.":[55],"results":[57],"indicate":[58],"that":[59,72],"shareholders\u2019":[62,98],"representatives":[63,104],"largely":[64],"dominate":[65],"boards.":[67],"One":[68],"intriguing":[69],"finding":[70],"is":[71],"minority":[73],"shareholders":[74,94],"do":[75],"not":[76],"use":[77],"mechanisms":[79],"at":[80],"disposal":[82],"elect":[84],"directors.":[85,109],"There":[86],"seems":[87],"be":[89,113],"low":[90],"interest":[91],"by":[92,115],"non\u2010controlling":[93],"participating":[96],"meetings,":[99],"consequently":[101],"selecting":[103],"board":[107],"This":[110],"could":[111],"partly":[112],"explained":[114],"lack":[117],"proxy":[119],"voting":[120],"mechanisms.":[121]},"counts_by_year":[{"year":2022,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2026-11-12T12:28:57.059296","created_date":"2016-06-24T00:00:00"}
