Controllership institutionalisation process of corporate governance in Brazilian companies

Abstract

The aim of the article was thus to verify how the Controllership institutionalization process takes place in corporate governance companies in Santa Catarina State - Brazil. Research was carried out by means of a multi-case study with a qualitative approach. Five companies were selected, but four answered the questionnaire, all listed in Bovespa's corporate governance. The research found only one company underwent a restructuring process in controllership. In this, the institutionalization process involved the system and sub-systems used in the company, encompassing every task and practice. The institutionalization of controllership assured the implementations, controls, performance, goals and levels of commitment of those involved.