STUDY ABOUT THE KNOWLEDGE LEVEL INFLUENCE FROM THE CORPORATE GOVERNANCE ON THE INVESTMENT DECISION

The adoption of good corporate governance practices as a protection form for minority shareholders are being discussed for quite some time, especially after major accounting scandals. However, little or almost nothing has been studied about these shareholders’ views with respect to such practices. Therefore, this article aims to analyze the knowledge influence from corporate governance on the investment decision by the minority shareholders standpoint. Thus, we intend to meet and see if the companies' actions have influenced somehow the investors decision. This work is methodologically classified as an exploratory-descriptive study, using the questionnaire technique for data collection. It was found that the adoption of good governance practices do not influence the investment decision, preferring to examine the characteristics related to the risk and business return. This might be explained by the fact that the investors do not have a broad knowledge about corporate governance.