Corporate governance failure at PT

Detalhes bibliográficos
Autor(a) principal: Magalhães, Nuno Miguel Carvalho
Data de Publicação: 2016
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/16781
Resumo: The following case study depicts the bitter transfiguration of Portugal Telecom, SGPS (PT), a multinational telecommunications company that was once an honourable flag of innovation, corporate governance standards in Portugal and overseas. It scrutinises the controversial episodes that paved the way for the pitiful condition in which PT is nowadays: a company that carries the weight of a ruinous €897 million investment in a defaulted company and no more than a 25.6% stake in a heavily indebted Brazilian carrier. The free-fall is made, ironically, of a complete disregard for best corporate governance practices, allowing for PT’s major shareholders to take over the helm of the company, using it selfishly as a cash cow.
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spelling Corporate governance failure at PTCorporate governanceMajor shareholdersCash cowDomínio/Área Científica::Ciências Sociais::Economia e GestãoThe following case study depicts the bitter transfiguration of Portugal Telecom, SGPS (PT), a multinational telecommunications company that was once an honourable flag of innovation, corporate governance standards in Portugal and overseas. It scrutinises the controversial episodes that paved the way for the pitiful condition in which PT is nowadays: a company that carries the weight of a ruinous €897 million investment in a defaulted company and no more than a 25.6% stake in a heavily indebted Brazilian carrier. The free-fall is made, ironically, of a complete disregard for best corporate governance practices, allowing for PT’s major shareholders to take over the helm of the company, using it selfishly as a cash cow.Pinho, PauloRUNMagalhães, Nuno Miguel Carvalho2016-03-15T10:59:21Z2016-012016-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfapplication/pdfhttp://hdl.handle.net/10362/16781TID:201529319enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T03:53:59Zoai:run.unl.pt:10362/16781Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:23:30.597426Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Corporate governance failure at PT
title Corporate governance failure at PT
spellingShingle Corporate governance failure at PT
Magalhães, Nuno Miguel Carvalho
Corporate governance
Major shareholders
Cash cow
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short Corporate governance failure at PT
title_full Corporate governance failure at PT
title_fullStr Corporate governance failure at PT
title_full_unstemmed Corporate governance failure at PT
title_sort Corporate governance failure at PT
author Magalhães, Nuno Miguel Carvalho
author_facet Magalhães, Nuno Miguel Carvalho
author_role author
dc.contributor.none.fl_str_mv Pinho, Paulo
RUN
dc.contributor.author.fl_str_mv Magalhães, Nuno Miguel Carvalho
dc.subject.por.fl_str_mv Corporate governance
Major shareholders
Cash cow
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Corporate governance
Major shareholders
Cash cow
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description The following case study depicts the bitter transfiguration of Portugal Telecom, SGPS (PT), a multinational telecommunications company that was once an honourable flag of innovation, corporate governance standards in Portugal and overseas. It scrutinises the controversial episodes that paved the way for the pitiful condition in which PT is nowadays: a company that carries the weight of a ruinous €897 million investment in a defaulted company and no more than a 25.6% stake in a heavily indebted Brazilian carrier. The free-fall is made, ironically, of a complete disregard for best corporate governance practices, allowing for PT’s major shareholders to take over the helm of the company, using it selfishly as a cash cow.
publishDate 2016
dc.date.none.fl_str_mv 2016-03-15T10:59:21Z
2016-01
2016-01-01T00:00:00Z
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dc.language.iso.fl_str_mv eng
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