Chapter 7
A sustainable capital market
Who has been concerned with sustainability?
Around the world, newspaper headlines have recently featured large companies, but unfortunately these frequently haven’t been for positive reasons (Mendes-Da-Silva, 2019; Hayat, 2015). The subjects of these headlines range from corruption involving top executives to environmental aggression of catastrophic proportions, including the worsening quality of life of society. In the field of corporate governance, the Enron scandal in 2001 in the United States and Operation Car Wash in 2015, related to the Brazilian state oil company Petrobrás (Watts, 2017), are illustrations of how the top level of administration can compromise the standards of corporate ...
