Governance at central banks: a comparative study of the governance practices used by the central banks of Brazil, Canada and England
Autor(a) principal: | |
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Data de Publicação: | 2016 |
Outros Autores: | |
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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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 |
_version_ |
1798943772436856832 |