Corporate governance in startups: a classification model for agtechs in Brazil

This article explores the evolution of corporate governance practices in agtech startups across various stages of the life cycle: ideation, validation, traction, scalability, and maturity. Based on a systematic literature review that initially identified 496 articles, subsequently refined to 4 main...

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Main Authors: Felipe Urtado, Cláudio Machado Filho
Format: Article
Language:English
Published: Taylor & Francis Group 2025-12-01
Series:Cogent Business & Management
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/23311975.2024.2437149
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author Felipe Urtado
Cláudio Machado Filho
author_facet Felipe Urtado
Cláudio Machado Filho
author_sort Felipe Urtado
collection DOAJ
description This article explores the evolution of corporate governance practices in agtech startups across various stages of the life cycle: ideation, validation, traction, scalability, and maturity. Based on a systematic literature review that initially identified 496 articles, subsequently refined to 4 main studies, and empirical research conducted with founders and CEOs of Brazilian agtechs, this study proposes a new classification model adapted to the Brazilian context. The results indicate that the formalization of governance practices can be facilitated by a structured model that emphasizes internal organization, product development, risk governance, and sustainability. In addition to enhancing transparency and talent retention, the proposed model highlights the importance of adapting governance practices to the specific needs of each development stage. This work uniquely contributes to the literature by directly linking governance practices to the needs of startups in emerging sectors, providing a validated framework with practical implications for managers and policymakers and suggesting directions for future research.
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spelling doaj-art-b9fff01f435f4b93a46b9ac7238c47ba2025-08-20T01:58:45ZengTaylor & Francis GroupCogent Business & Management2331-19752025-12-0112110.1080/23311975.2024.2437149Corporate governance in startups: a classification model for agtechs in BrazilFelipe Urtado0Cláudio Machado Filho1School of Economics, Business and Accounting of USP, São Paulo, SP, BrazilSchool of Economics, Business and Accounting of USP, São Paulo, SP, BrazilThis article explores the evolution of corporate governance practices in agtech startups across various stages of the life cycle: ideation, validation, traction, scalability, and maturity. Based on a systematic literature review that initially identified 496 articles, subsequently refined to 4 main studies, and empirical research conducted with founders and CEOs of Brazilian agtechs, this study proposes a new classification model adapted to the Brazilian context. The results indicate that the formalization of governance practices can be facilitated by a structured model that emphasizes internal organization, product development, risk governance, and sustainability. In addition to enhancing transparency and talent retention, the proposed model highlights the importance of adapting governance practices to the specific needs of each development stage. This work uniquely contributes to the literature by directly linking governance practices to the needs of startups in emerging sectors, providing a validated framework with practical implications for managers and policymakers and suggesting directions for future research.https://www.tandfonline.com/doi/10.1080/23311975.2024.2437149Corporate governanceagribusinessstartupsagtechlife cycleBusiness, Management and Accounting
spellingShingle Felipe Urtado
Cláudio Machado Filho
Corporate governance in startups: a classification model for agtechs in Brazil
Cogent Business & Management
Corporate governance
agribusiness
startups
agtech
life cycle
Business, Management and Accounting
title Corporate governance in startups: a classification model for agtechs in Brazil
title_full Corporate governance in startups: a classification model for agtechs in Brazil
title_fullStr Corporate governance in startups: a classification model for agtechs in Brazil
title_full_unstemmed Corporate governance in startups: a classification model for agtechs in Brazil
title_short Corporate governance in startups: a classification model for agtechs in Brazil
title_sort corporate governance in startups a classification model for agtechs in brazil
topic Corporate governance
agribusiness
startups
agtech
life cycle
Business, Management and Accounting
url https://www.tandfonline.com/doi/10.1080/23311975.2024.2437149
work_keys_str_mv AT felipeurtado corporategovernanceinstartupsaclassificationmodelforagtechsinbrazil
AT claudiomachadofilho corporategovernanceinstartupsaclassificationmodelforagtechsinbrazil