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The level of corporate governance disclosures and interlocking in Portugal

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This paper’s goal is to calculate the level and quality of corporate governance in Portugal and to analyse if there is interlocking in Portugal. Data concerning the (non)compliance of the recommendations (set by the Portuguese authority) was gathered from the 250 biggest companies in Portugal and listed companies (from 2003 to 2005). Information about the board of directors of those companies was also collected to see whether there is the tradition of sitting in several boards (interlock). The results were clear: no interlocking exists (except among companies from same groups) and the level of corporate governance in Portugal has been increasing.

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A Work Project, presented as part as the requirements for the Award of a Masters Degree in Management from the Nova School in Business and Economics

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Corporate Governance Level of Disclosures Portugal Interlocking

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Licença CC