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Corporate governance in Brazil, Chile, Colombia, Mexico and Peru: The determinants of risk in corporate debt issuance

Publication cover

Corporate governance in Brazil, Chile, Colombia, Mexico and Peru: The determinants of risk in corporate debt issuance

Autor institucional: NU. CEPAL Physical Description: 268 p.; tabls. Editorial: ECLAC Date: February 2015 ECLAC symbol: LC/W.654

Description

This study builds on the Corporate governance and development of capital markets in Latin America report published by the Development Bank of Latin America (CAF) and the Economic Commission for Latin America and the Caribbean (ECLAC), which looked at the regulatory framework related to the principles of corporate governance in the region and assessed its contribution to the development of capital markets. This book complements the previous study and is the result of a joint effort by CAF, the Inter- American Development Bank (IDB) and ECLAC to identify the key elements of corporate governance for determining debt instrument issuance risk in potential conflicts of interest arising from relationships among shareholders, executives and bondholders

Table of contents

Preface .-- Foreword by Mario Marcel .-- Foreword by
Alejandro Werner .-- Introduction .-- I. Corporate governance and risk identification for debt i
nstrument issuance in Brazil,
Colombia and Mexico: a methodological proposal .-- II. Corporate governance and corporate debt issuance in
Latin America: institutional
investors, investment banks, rating agencies and new empirical evidence .-- III. What factors impact the cost of corporate bond issuance?
A study of emerging
primary markets .-- IV. Bond issuance and corpo
rate governance in Brazil: a multi-case analysis .-- V. Corporate governance and corporate debt issuance in
Chile .-- VI. Corporate governance and corporate debt instruments
in Colombia .-- VII. Corporate governance in Mexico and the evaluation of risk in bond issuance .-- VIII. Corporate governance, institutional investors and risk assessment for issuance
of debt instruments in Peru .-- IX. Concluding remarks.