Expert Commentary on Brazil's Petrobras Nearly $17 Billion in Asset and Corruption Charges

WASHINGTON, April 23, 2015 /PRNewswire-USNewswire/ -- The following is being released by Fundação Dom Cabral:

WHO: Professor Rodrigo Zeidan, PhD, professor of finance and economics at Fundação Dom Cabral (FDC) and visiting professor of economics at New York University (NYU) Shanghai

WHAT: Petrobras audited financial results and nearly $17 billion in corruption charges

WHEN: Thursday and Friday, April 23^rd and 24^th, 2015

DETAILS: Brazil's state oil company put a price tag on a corruption scandal that is likely the largest financial scandal in Brazil's history, writing off $17 billion due to losses from overvalued assets and corruption.

Professor Zeidan serves as associate professor of Finance and Economics at FDC Brazil and visiting professor of economics at NYU Shanghai. FDC is Brazil's number one business school and one of the top twenty business schools in the world.

Throughout his academic career, Professor Zeidan has consulted with Kraft Foods, Johnson & Johnson, Santander, L'Oreal, as well as numerous Brazilian government agencies. He has published papers in the Journal of Business Ethics, Economic Letters, Review of Industrial Organization, and European Journal of Health Economics.

Professor Zeidan is a Brazilian academic expert on Corporate Finance and Corporate Governance in Brazil. The well-known professor is willing to share his unique insights into Petrobras' audited financial results and potentially the largest financial scandal in Brazil's history.

SOURCE Fundacao Dom Cabral