29/09/2011
Institutionals see progress in Latin American corporate governance
Institutional investors estimate that corporate governance and investor relations practices have made some progress in Latin America, according to a recent survey of European investors in this class, published by JP Morgan Chase & Co. Respondents says that companies in the region still need to continue their efforts to attract more foreign capital. 50% estimate that Brazilian businesses have the best practices in corporate governance. The study based on the survey, entitled “North America and European Investor Opinions of Latin American Companies” (attached), also finds that investors have high hopes for growth in the region. According to the institutional investors surveyed, opportunities are largely in the Colombian and Brazilian markets.
