STOCK MARKETS REGULATION AND BUSINESS IMPROVEMENT IN BRAZIL
DOI:
https://doi.org/10.21527/2237-6453.2019.47.81-101Keywords:
Capital Market. Institutional Environment. Business Improvement.Abstract
This study aimed to analyze how the evolution of the regulatory institutional capital market environment has influenced the business development in Brazil. The research sought to understand the historical development of the market, how their institutions were built, and the effects of regulation on the governance structures of companies through the historical method of investigation. The analysis led to the result that the provisions imposed by the institutional environment were determinants in market performance over time. In their origins, the institutions represented obstacles to economic activity, resulting in the delay of the capital market consolidation. However, when the market's regulatory environment was created, it has become an alternative to companies for transaction cost savings. Therefore, with the implementation of corporate governance as transparency mechanism, the improvement of management is characterized as the development of the Brazilian business scenario
Downloads
Published
How to Cite
Issue
Section
License
By publishing in Revista Desenvolvimento em Questão, authors agree to the following terms:
All works are published under the Creative Commons Attribution 4.0 International License (CC BY 4.0), which allows:
Sharing — to copy and redistribute the material in any medium or format;
Adaptation — to remix, transform, and build upon the material for any purpose, even commercially.
These permissions are irrevocable, provided that the following terms are respected:
Attribution — authors must be properly credited, a link to the license must be provided, and any changes made must be indicated.
No additional restrictions — no legal or technological measures may be applied that legally restrict others from doing anything the license permits.
Notices:
The license does not apply to elements that are in the public domain or covered by legal exceptions.
The license does not grant all necessary rights for specific uses (e.g., image rights, privacy, or moral rights).
The journal is not responsible for the opinions expressed in the articles, which are the sole responsibility of the authors. The Editor, with the support of the Editorial Board, reserves the right to suggest or request modifications when necessary.
Only original scientific articles presenting research results of interest that have not been previously published or simultaneously submitted to another journal with the same purpose will be accepted.
Mentions of trademarks or specific products are intended solely for identification purposes and do not imply any promotional relationship by the authors or the journal.
License Agreement (for articles published from 2025 onward): Authors retain the copyright to their article and grant Revista Desenvolvimento em Questão the right of first publication.