Pulverização do controle de empresas já listadas em Bolsa de Valores no Brasil

• Ano de defesa: 2007
• Autor(a) principal: Wanderley, Gilmar Dalilo Cezar
• Tipo de documento: Dissertação
• Tipo de acesso: Acesso aberto
• Idioma: por
• Instituição de defesa: Programa de Pós-graduação em Engenharia de Produção; Estratégia-Apoio Logístico-Tecnologia e Trabalho
• Palavras-chave em Português: Engenharia de produção; Governança corporativa; Mercado de capital; Bolsa de valores; Pulverização de controle; Relação de troca; Corporate governance; Capital market; Dispersion s control; Exchange ratio; CNPQ::ENGENHARIAS::ENGENHARIA DE PRODUCAO
• Link de acesso: https://app.uff.br/riuff/handle/1/18126

Currently, one of the most discussed topics in the Brazilian business scenario involving the Corporate Governance is the dispersion s control of public companies in the capital market. While still incipient, the movement of dispersion s control of Brazilian companies began in 2005 with the operation of Lojas Renner. This movement presents risks and benefits and seems have three main explanations: the maturity of the brazilian capital market, reaching in 2006 the eighth position in the global launch of shares (29 operations in the year), the discovery of an way to sell big block of shares through the stock market, mainly for private equity funds, and finally the vision that dispersion s control is linked to good administration. This study seeks to examine the movement of dispersion s control of the companies in the Brazilian market, focusing on analysis of the methodologies of exchange ratio of shares between controlling shareholders and minority, since this item was the most discussed in corporate reorganizations of Embraer, Perdigão and the cause of the failure of Telemar s restructuring.