After all, its institutional innovations apply only to the new Novo Mercado-listed companies, and not to the bulk of the Brazilian economy’s big firms, which are listed on the stock exchange’s main segment, and thus remain stuck with the old rules, old institutions, and an ineffective court system.
Inclusive porque essa medida inovadora se aplica apenas àquelas empresas listadas no Novo Mercado, no Nível 2 e as que voluntariamente aderiram a ela. Todas as demais, que compõem maioria na BM&FBovespa, continuam presas ao sistema antigo e, logo, às ineficiências do Judiciário nacional.