Stringer, Sir Howard, (born 19 Feb. 1942), Chairman, Sony Corporation, 2005–13 (Board Member, 1999–2013; Vice Chairman, 2003–05; Group Chief Executive Officer and Representative Corporate Executive Officer, 2005–12; President, 2009–12); Chairman, Sony Corporation of America, 1998–2013 (Chief Executive Officer, 1998–2012)

2011 ◽  
Vol 8 (2) ◽  
pp. 37-46
Author(s):  
Marcelle Colares Oliveira ◽  
Lindenberg Araújo Aragão ◽  
Vera Maria Rodrigues Ponte

This study is an analysis of the best practices of corporate governance adopted by the boards of Brazilian banking institutions. The findings show that most banks adhere to the latest Brazilian Institute of Corporate Governance guidelines with regard to board size and to the standards required by BM&FBovespa in terms of independence. The banks studied are rigorous with regard to audits and control in the process of corporate governance and most have a diversified board with the positions of chief executive officer and chairman occupied by different individuals. Practices regarding disclosure of board member remuneration are still at an early stage of development with banks restricting disclosure to what is required by law.


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