Análise do código de conduta das instituições financeiras da BM&FBovespa à luz das recomendações do instituto brasileiro de governança corporativa.

The organizations' code of conduct and ethics is an instrument with the purpose of structuring internal policies and clear rules in regards to the commitment with all stakeholders. In this context, the objective of this research is to analyze the structure and content of the themes of the codes of conduct for financial companies listed on the Brazilian stock market, the BM&FBovespa, based on recommendations issued by the IBGC. Regarding the methodological procedures, the research is classified as qualitative and quantitative, descriptive and documentary. In April of 2016, the codes of conduct published by the main 20 listed banks of the BM&FBovespa were gathered from their websites. Obtained results demonstrate the adherence to the codes. Banks that were the subject of this study have an average adherence rate of 62% in regards to the recommendations made by the IBGC. Data analysis confirms the hypothesis of an adhesion increase over the last years. [ABSTRACT FROM AUTHOR]