Coelho, Daphne; Teodorovicz, Thomaz; Fritscher, André … - 2024
-stringent governance requirements of the Law on SOEs was detected, the group of federal SOEs, which adopted the IG-SEST monitoring …, and fulfilling social objectives. Yet, SOEs face unique governance challenges as agency conflicts usually increase with … accountability and a complementary monitoring mechanism known as IG-SEST. Using the difference-in-differences methodology, we assess …