Brazilian minorities Brazilians stripped

Emerging market countries want to be part of the global capital markets. That’s why countries like Brazil have set up new stock exchanges with better corporate governance and auditing practices. Unfortunately, Brazil’s shareholder value revolution has been undermined by some old-fashioned abuses of minority shareholders. Now, the regulator has stepped in to protect minorities at telecoms firm Tele Norte Leste (TNE) after protests from foreign shareholders, included Brandes Investment Partners. T...