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Volkswagen’s restructuring and the decision-making cost of stability
Volkswagen’s restructuring shows how control, co-determination and veto rights can turn institutional stability into decision-making cost.
Isabella Nogueira
2 days ago11 min read
When the controlling shareholder changes position: executive succession at CSN and the limits of separating ownership, board and management
Benjamin Steinbruch and Fabio Schvartsman in an editorial image about executive succession at CSN.
Isabella Nogueira
6 days ago12 min read
Liquidity, Elevated Interest Rates and Principal-Principal Conflict in Brazilian Family Businesses
Ambiente de juros elevados no Brasil, trajetória recente da Selic e seus impactos sobre liquidez, política de dividendos e conflito principal-principal em empresas familiares. Análise técnico-institucional sobre retenção de lucros, controle concentrado, risco de judicialização societária e a importância da governança formal para preservar a estabilidade patrimonial em ciclos de restrição monetária.
Isabella Nogueira
Feb 184 min read
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