Open AccessThe Tink’s saga? Is it the Time for the Corporate Governance?
Author(s) -
Eleandra Maria Prigol Meneghini,
Ana Paula Pereira dos Passos,
Jeferson Lana
Publication year - 2020
Publication title -
revista de empreendedorismo e gestão de pequenas empresas
Language(s) - English
Resource type - Journals
ISSN - 2316-2058
DOI - 10.14211/regepe.v10i1.1850
Subject(s) - corporate governance , maturity (psychological) , relevance (law) , order (exchange) , shareholder , business , control (management) , originality , process (computing) , narrative , accounting , capital (architecture) , public relations , process management , economics , management , political science , finance , computer science , linguistics , philosophy , archaeology , creativity , law , history , operating system
Objective: To promote a discussion on the benefits and challenges of the process of implementing mechanisms and good corporate governance practices in a multifamily company. Method: the case was based on real problems of a privately held multifamily organization and fictitious narratives were developed for its construction. Originality/relevance: Multifamily companies potentialize the existence of conflicts between the main ones due to the plurality of partners regarding corporate management and control. In this teaching case, some of these dilemmas were presented and how corporate governance could avoid, mitigate or remedy them in order to find adequate alignment between family members. Results: Conflicts of interest and information asymmetries indicated the need for new solutions for business continuity. Among these solutions, there was the possibility of implementing mechanisms and good corporate governance practices. Theoretical/methodological contributions: It is expected that the student develops an understanding of the need to consider inherent gains and losses in decision making and the particularities of the organization, such as shareholder composition, maturity of the organization and protection of capital and property.