Mechanisms of information mediation in the Brazilian capital market

Opening of capital represents a great source of fundraising for companies. However, this modality of financing brings not only financial solutions, but also duties. Among the most important ones, we can mention the regular disclosure of information. In this context, there is a look on the process of mediation of highly complex information. In this perspective, the mechanisms, especially of the main agent responsible for the mediation of such information in the Brazilian Capital Market, are presented. The concepts of disclosure will be described, considering that this is one of the columns in line with the concept of transparency, which is considered the most difficult element of interpretation by investors; the information architecture on websites of public companies, considering the great emphasis given to the support of information storage on companies, that is, their web environment, as well as the proposal of a conceptual model based on the use of this environment as decision support; brokerage firms as mediators of information, considering that these agents are the mediators not only in the case of the operational support related to the processes of purchase and sale of shares, but also as mediators of information for decision making.