Firms’ legitimation through corporate governance and its association with risk and return in Brazil

Purpose – This study aims to examine the listing of firms at the highest corporate governance level of the Brazilian stock exchange (B3) as a means of legitimation and its relationship with risk and return on investment. Design/methodology/approach – This paper analyzes 205 companies from 2010 to 20...

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Bibliographic Details
Main Authors: Kléber Formiga Miranda, Jefferson Ricardo do Amaral Melo, Orleans Silva Martins
Format: Article
Language:English
Published: Emerald Publishing 2021-04-01
Series:RAUSP Management Journal
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/RAUSP-05-2020-0087/full/pdf?title=firms-legitimation-through-corporate-governance-and-its-association-with-risk-and-return-in-brazil