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Abstract
The purpose of this study was to examine the governance structures established
throughout the Local Arrangement Productive of Grains in Santarém and Belterra, from
interactions between the institutional environment and social actors, and commercial
transactions occurring in the arrangement. Data were collected through structured
questionnaire, which was applied to 20 grain producers, and the analysis of results was
developed from Williamson (1993), Williamson (1999), Humphrey and Schmitz (2000),
Kaplinsky (2000) and Schmitz (2000). Results show that governance throughout the
chain occurs with the leadership of Cargill Agrícola S/A company, and that the executive
governance developed by growers occurs without an entrepreneurial action, which hinders
the creation of sustainable competitive advantages in the long-term.