Governance at central banks: a comparative study of the governance practices used by the central banks of Brazil, Canada and England

Detalhes bibliográficos
Autor(a) principal: Faria, Fernando de Abreu
Data de Publicação: 2016
Outros Autores: Streit, Rosalvo Ermes
Tipo de documento: Artigo
Idioma: por
eng
Título da fonte: Revista de Administração Pública
Texto Completo: https://periodicos.fgv.br/rap/article/view/64493
Resumo: Corporate governance at central banks has evolved in recent years, both as a result of advances made in the study of the subject by supranational organizations, as well as through the adoption of the best practices used in the public and private sectors. This paper aims to identify, analyze and compare key aspects of corporate governance used by the central banks of Brazil, Canada and England in 2015. By reviewing existing literature on the subject, it was possible to analyze certain aspects of the monetary authorities of these three countries in terms of their structures and their committees, as well as the three pillars of governance normally attributed to central banks: independence, accountability and transparency. The results showed significant differences between the three, and suggested that the degree of maturity of each country’s society has a certain influence on the practices of governance adopted by its central bank
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spelling Governance at central banks: a comparative study of the governance practices used by the central banks of Brazil, Canada and EnglandGobernanza de bancos centrales: un estudio comparado de las prácticas de gobernanza de los bancos centrales de Brasil, Canadá e InglaterraGovernança em bancos centrais: um estudo comparativo das práticas de governança dos bancos centrais do Brasil, Canadá e Inglaterragovernance in central bankscommitteesindependenceaccountabilitytransparencygobernanza en bancos centralescomitésindependenciaresponsabilidadtransparenciagovernança em bancos centraiscomitêsindependênciaaccountabilitytransparênciaCorporate governance at central banks has evolved in recent years, both as a result of advances made in the study of the subject by supranational organizations, as well as through the adoption of the best practices used in the public and private sectors. This paper aims to identify, analyze and compare key aspects of corporate governance used by the central banks of Brazil, Canada and England in 2015. By reviewing existing literature on the subject, it was possible to analyze certain aspects of the monetary authorities of these three countries in terms of their structures and their committees, as well as the three pillars of governance normally attributed to central banks: independence, accountability and transparency. The results showed significant differences between the three, and suggested that the degree of maturity of each country’s society has a certain influence on the practices of governance adopted by its central bankLa gobernanza corporativa en los bancos centrales ha evolucionado en los últimos años, tanto como resultado de los avances en el estudio del tema por organizaciones supranacionales como la adopción de las mejores prácticas derivadas de los sectores públicos y privados. Este estudio busca identificar, analizar y comparar los principales aspectos de gobernanza en los bancos centrales de Brasil, Canadá e Inglaterra en 2015. A través de una búsqueda en la literatura fue posible analizar los aspectos de los tres bancos en lo que respecta a su estructura y sus comités, y también los tres pilares de gobernanza en los bancos centrales: independencia, responsabilidad y transparencia. Los resultados mostraron que existen diferencias significativas, y el grado de madurez de la sociedad influye en las prácticas de gobernanza adoptadas por los bancos centrales.A governança corporativa em bancos centrais tem evoluído nos últimos anos, tanto em decorrência dos avanços obtidos no estudo do tema por organizações supranacionais como pela adoção das melhores práticas oriundas dos setores público e privado. Este trabalho visa identificar, analisar e comparar os aspectos principais da governança nos bancos centrais do Brasil, Canadá e Inglaterra em 2015. Por intermédio de uma pesquisa bibliográfica foi possível analisar aspectos das autoridades monetárias dos três países em relação à sua estrutura e a seus comitês, e também aos três pilares da governança em bancos centrais: independência, accountability e transparência. Os resultados mostraram que existem diferenças significativas e que o grau de maturidade das sociedades dos países influencia as práticas de governança adotadas pelos bancos centrais.Fundação Getulio Vargas (FGV EBAPE)2016-10-27info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/pdfhttps://periodicos.fgv.br/rap/article/view/64493Brazilian Journal of Public Administration; Vol. 50 No. 5 (2016); 765-794Revista de Administração Pública; Vol. 50 Núm. 5 (2016); 765-794Revista de Administração Pública; v. 50 n. 5 (2016); 765-7941982-31340034-7612reponame:Revista de Administração Públicainstname:Fundação Getulio Vargas (FGV)instacron:FGVporenghttps://periodicos.fgv.br/rap/article/view/64493/62404https://periodicos.fgv.br/rap/article/view/64493/pdf_81Copyright (c) 2016 Revista de Administração Públicainfo:eu-repo/semantics/openAccessFaria, Fernando de AbreuStreit, Rosalvo Ermes2016-12-08T14:25:51Zoai:ojs.periodicos.fgv.br:article/64493Revistahttps://ebape.fgv.br/publicacoes/rapONGhttps://old.scielo.br/oai/scielo-oai.php||rap@fgv.br1982-31340034-7612opendoar:2016-12-08T14:25:51Revista de Administração Pública - Fundação Getulio Vargas (FGV)false
dc.title.none.fl_str_mv Governance at central banks: a comparative study of the governance practices used by the central banks of Brazil, Canada and England
Gobernanza de bancos centrales: un estudio comparado de las prácticas de gobernanza de los bancos centrales de Brasil, Canadá e Inglaterra
Governança em bancos centrais: um estudo comparativo das práticas de governança dos bancos centrais do Brasil, Canadá e Inglaterra
title Governance at central banks: a comparative study of the governance practices used by the central banks of Brazil, Canada and England
spellingShingle Governance at central banks: a comparative study of the governance practices used by the central banks of Brazil, Canada and England
Faria, Fernando de Abreu
governance in central banks
committees
independence
accountability
transparency
gobernanza en bancos centrales
comités
independencia
responsabilidad
transparencia
governança em bancos centrais
comitês
independência
accountability
transparência
title_short Governance at central banks: a comparative study of the governance practices used by the central banks of Brazil, Canada and England
title_full Governance at central banks: a comparative study of the governance practices used by the central banks of Brazil, Canada and England
title_fullStr Governance at central banks: a comparative study of the governance practices used by the central banks of Brazil, Canada and England
title_full_unstemmed Governance at central banks: a comparative study of the governance practices used by the central banks of Brazil, Canada and England
title_sort Governance at central banks: a comparative study of the governance practices used by the central banks of Brazil, Canada and England
author Faria, Fernando de Abreu
author_facet Faria, Fernando de Abreu
Streit, Rosalvo Ermes
author_role author
author2 Streit, Rosalvo Ermes
author2_role author
dc.contributor.author.fl_str_mv Faria, Fernando de Abreu
Streit, Rosalvo Ermes
dc.subject.por.fl_str_mv governance in central banks
committees
independence
accountability
transparency
gobernanza en bancos centrales
comités
independencia
responsabilidad
transparencia
governança em bancos centrais
comitês
independência
accountability
transparência
topic governance in central banks
committees
independence
accountability
transparency
gobernanza en bancos centrales
comités
independencia
responsabilidad
transparencia
governança em bancos centrais
comitês
independência
accountability
transparência
description Corporate governance at central banks has evolved in recent years, both as a result of advances made in the study of the subject by supranational organizations, as well as through the adoption of the best practices used in the public and private sectors. This paper aims to identify, analyze and compare key aspects of corporate governance used by the central banks of Brazil, Canada and England in 2015. By reviewing existing literature on the subject, it was possible to analyze certain aspects of the monetary authorities of these three countries in terms of their structures and their committees, as well as the three pillars of governance normally attributed to central banks: independence, accountability and transparency. The results showed significant differences between the three, and suggested that the degree of maturity of each country’s society has a certain influence on the practices of governance adopted by its central bank
publishDate 2016
dc.date.none.fl_str_mv 2016-10-27
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://periodicos.fgv.br/rap/article/view/64493
url https://periodicos.fgv.br/rap/article/view/64493
dc.language.iso.fl_str_mv por
eng
language por
eng
dc.relation.none.fl_str_mv https://periodicos.fgv.br/rap/article/view/64493/62404
https://periodicos.fgv.br/rap/article/view/64493/pdf_81
dc.rights.driver.fl_str_mv Copyright (c) 2016 Revista de Administração Pública
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2016 Revista de Administração Pública
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Fundação Getulio Vargas (FGV EBAPE)
publisher.none.fl_str_mv Fundação Getulio Vargas (FGV EBAPE)
dc.source.none.fl_str_mv Brazilian Journal of Public Administration; Vol. 50 No. 5 (2016); 765-794
Revista de Administração Pública; Vol. 50 Núm. 5 (2016); 765-794
Revista de Administração Pública; v. 50 n. 5 (2016); 765-794
1982-3134
0034-7612
reponame:Revista de Administração Pública
instname:Fundação Getulio Vargas (FGV)
instacron:FGV
instname_str Fundação Getulio Vargas (FGV)
instacron_str FGV
institution FGV
reponame_str Revista de Administração Pública
collection Revista de Administração Pública
repository.name.fl_str_mv Revista de Administração Pública - Fundação Getulio Vargas (FGV)
repository.mail.fl_str_mv ||rap@fgv.br
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