Brazil's Lava Jato spurs change in corporate practice, survey finds

Brazil's Lava Jato spurs change in corporate practice, survey finds

Brazil M&A Funds

Brazilian corporate investment and mergers and acquisitions are set to pick up this year thanks to better corporate governance and compliance, according to a survey of over a hundred executives that focus on the country.  The optimism comes as Brazil struggles to emerge from a prolonged recession and recover from political fallout tied to the wide-ranging Lava Jato investigations into corruption at Petrobras, the state-controlled oil company. Brazil's economy contracted in 2016 for the second consecutive year. Dilma Rousseff was impeached and replaced by President Michel Temer against a background of growing popular discontent over corruption. The opinion survey reveals the magnitu

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