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Towards Brazilian Corporations Better Stock Price Valuation and Operational Performance with Corporate Social Responsibility and Environmental Socio Responsibility

  • Carlos D. F. Barbosa
  • Alberto L. Francato
  • Paulo S. F. Barbosa
Chapter
Part of the CSR, Sustainability, Ethics & Governance book series (CSEG)

Abstract

In this chapter is presented a Brazilian capital market good initiatives and improvements: we address some stock market improvements due to corporate governance practices structure development; we discuss correlation between CSR/ESG with operating performance and stock market returns; we describe initiatives undertaken since the middle of 1990s aiming at developing a more robust capital market; we also discuss CSR in a specific sector—the electricity industry, a big business in Brazil.

The discussion of the evolution of policies, programs and practices of Corporate Social Responsibility (CSR) and Environmental Socio Responsibility (ESG) undertaken in Brazil, has raised several development issues and progresses towards growing application across companies.

Notes

Acknowledgement

We would like to thanks people from B3, FGV, and IBGC for the support on bibliographical references, especially Tiago Isaac Cury, Renato Orsato and Luis Martha.

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Copyright information

© Springer International Publishing AG, part of Springer Nature 2019

Authors and Affiliations

  • Carlos D. F. Barbosa
    • 1
  • Alberto L. Francato
    • 1
  • Paulo S. F. Barbosa
    • 1
  1. 1.University of Campinas-UnicampCampinasBrazil

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