Hora de se explicar - Capital Abierto

The article describes how the lack of details on the disclosure of remuneration topics in the companies meetings’ agendas during the AGM 2011 season have alerted Proxy advisors which issued negative recommendations for several meetings. The article discusses local Brazilian regulations on this topic as well as the non-disclosure practice adopted by several corporations based upon a judicial injunction no to disclose due to personal security reasons of highly paid executives.