Economically, Brazil is one of the most promising emerging markets in the world today. The country has overcome the recent turbulent international economic crisis and has returned as a stronger and more attractive global player. It has a highly diverse economy and also has a broader selection of trading partners, coupled with tightly regulated financial systems. The country has approximately 122 state- owned companies in different sectors of the Brazilian economy with the state-owned water management company (Sabesp) being one of them.