Practical Guide to Corporate Governance: Experiences from the Latin American Companies Circle

The "Practical Guide to Corporate Governance: Experiences from the Latin American Companies Circle" was developed by the Latin American Companies Circle with the support of IFC, the Organization for Economic Co-operation and Development, and the IFC Global Corporate Governance Forum. It compares the performance of Companies Circle’s members to other listed companies in areas such as return on equity and stock multiples, showing that firms with superior corporate governance practices fared better than others.  

The guide also analyzes the operational and stock market performance of Companies Circle’s members against other regional listed companies and found that the portfolios of member companies were less affected by the global financial crisis.