Authors

We engaged with Petrobras in the development of its governance framework of subsidiaries.

Investors care deeply about how well a company board is functioning. Getting this aspect of governance right makes it more likely that material risks and opportunities will be well managed.

América Móvil is a conglomerate of telecommunications providers in Latin America and the US. Its largest market is Mexico, where its landline subsidiary, Telmex, has secured a virtual monopoly. By 2006, it operated 80% of the country’s telephone lines, while its mobile business, Telcel, ran almost 70% of the country’s mobile phones.[footnote]‘Prodded by the Left, Mexico’s Richest Man Talks Equity’, published by The New York Times on 3 June 2006[/footnote]