The Brazilian Institute of Corporate Governance (IBGC) was founded on the 27th of November 1995, and is a non-profit business and cultural entity of international scope. IBGC has been principally responsible for the introduction and dissemination of the corporate governance concept in Brazil and it stands today as the main reference in Brazil that focuses on the development of best practices in corporate governance.

The main goal of the Institute is to instill the importance of disclosure within a company’s management, emphasize fairness amongst partners and illustrate the importance of accountability and corporate responsibility. Such concepts make it easier for companies to enter the capital market and attract investors, ultimately resulting in higher value generation. Furthermore, IBGC has positively influenced high levels of management of non-listed companies.

The IBGC organizes conferences, promotes reference publications, provides executive training, encourages networking amongst professionals as well as contributes to the development of best practices within organizations. For more than a decade, IBGC has delivered personal development courses to more than four thousand executives, entrepreneurs, board members and researchers.

The Institute is also well known for preparing the Code of Best Practices in Corporate Governance. Originally released in 1999, its fourth edition was released in 2009 and serves as the primary reference for Corporate Governance. Along side this publication, the IBGC recommends other publications of importance to the concepts we promote.

With over a thousand associates, researchers and specialists, IBGC is always aware of the changes within the corporate universe. Thus, it has affirmed itself as an international reference and authority on corporate governance. The Institute has even been recognized and awarded by many of the top corporate and financial institutions.

IBGC honors annually both companies and individuals who have demonstrated the best of corporate governance principles. Companies honored by the IBGC have been chosen because of their diligence in the pursuit of best practice standards and often become the benchmark to which has always striven to set.

The end results of IBGC’s efforts are to foster business development both domestically and abroad with the belief that the ideals and concepts we promote will ultimately benefit the future of Brazil.