Master’s theses on business and tax law win awards at FGV´s Sao Paulo Law School
The FGV´s Sao Paulo Law School has unveiled the winners of a competition to choose the best theses for its Professional Master’s Program in the areas of Business Law and Tax Law. Students Guilherme Martins Pellegrini and Daniela Beretta Marçal won awards for their research papers, which stood out for their relevant topics and their contribution to dialogue between law and market needs.
What is the expected behavior of participants in multi-unit public tender processes? Starting with this question, Guilherme Martins Pellegrini, a professional master’s student at the FGV´s Sao Paulo Law School, developed his thesis, which was rated the best in the Business Law area out of all students who graduated in 2018.
According to Pellegrini, his paper, titled “Multi-unit public tenders: modeling public tenders based on auction theory,” sought to promote dialogue about public procurement in Brazil through the use of auction theory. “By defining the public tender model, you also define the objectives of the processes,” he says.
Multi-unit tender formats enable products or services with similar characteristics to be split up into several batches, or different goods can be bundled in the same tender. “It isn’t legally required to adopt any particular format. This explains the use of different public tender strategies and enables expected results to be maximized,” Pellegrini says.
The other paper, rated the best in the Tax Law area, titled “Taxation of operations in the domestic investment crowdfunding market,” was authored by student Daniela Beretta Marçal. It specifically addresses the taxation of capital gains and income arising from venture capital investment in small companies by individuals resident in Brazil, through an electronic crowdfunding platform.
Marçal used an interpretative research method while seeking support from empirical evidence, to make a better connection between the paper’s content and observed reality. The paper set out to answer two central questions: (1) What taxes are levied on investments in the domestic crowdfunding market? (2) Is the current form of crowdfunding taxation consistent with measures to promote capital investment?
The two award-winning papers and details of all the theses produced by professional master’s students can be seen here.