This chapter on Brazil is based on detailed responses to a questionnaire provided by Brazil, together with independent research by the Secretariat including missions to Brazil. The chapter describes:

• the corporate governance framework influencing board oversight of the remuneration and incentive systems and its compatibility with corporate objectives;
• the market and corporate context influencing whether incentive structures are in the long term interest of the company and its shareholders; and 
• how boards influence incentives and what role is played by transparency and by shareholders.

Within these areas, the discussion is based on the individual principles relevant to the review. The chapter is intended to be descriptive and not normative in character. The second part of the chapter is devoted to conclusions about Brazil.

This chapter on Portugal is based on detailed responses to a questionnaire provided by Portugal, together with independent research by the Secretariat including missions to Portugal. The chapter describes:

• the corporate governance framework influencing board oversight of the remuneration and incentive systems and its compatibility with corporate objectives;
• the market and corporate context influencing whether incentive structures are in the long term interest of the company and its shareholders; and
• how boards influence incentives and what role is played by transparency and by shareholders.

Within these areas, the discussion is based on the individual principles relevant to the review. The chapter is intended to be descriptive and not normative in character. The second part of the chapter is devoted to conclusions about Portugal.

This chapter on Sweden is based on detailed responses to a questionnaire provided by Sweden, together with independent research by the Secretariat including missions to Sweden. The chapter describes:

• the corporate governance framework influencing board oversight of the remuneration and incentive systems and its compatibility with corporate objectives;
• the market and corporate context influencing whether incentive structures are in the long term interest of the company and its shareholders; and
• how boards influence incentives and what role is played by transparency and by shareholders.

Within these areas, the discussion is based on the individual principles relevant to the review. The chapter is intended to be descriptive and not normative in character. The second part of the chapter is devoted to conclusions about Sweden.

This chapter on the United Kingdom is based on detailed responses to a questionnaire provided by the United Kingdom, together with independent research by the Secretariat including missions to the United Kingdom. The chapter describes:

• the corporate governance framework influencing board oversight of the remuneration and incentive systems and its compatibility with corporate objectives;
• the market and corporate context influencing whether incentive structures are in the long term interest of the company and its shareholders; and
• how boards influence incentives and what role is played by transparency and by shareholders.

Within these areas, the discussion is based on the individual principles relevant to the review. The chapter is intended to be descriptive and not normative in character. The second part of the chapter is devoted to conclusions about the United Kingdom.