Interest in the issue of choosing an effective corporate governance model has not subsided for three decades. The reasons for this were major events and trends that influenced the development of the world economy: the global wave of privatization of the last three decades; absorption wave in the 1980s; deregulation and integration of capital markets; the 1998 East Asian crisis, which brought corporate governance in emerging markets (BRIC countries) into focus; The Enron scandal and bankruptcy have raised serious doubts about protecting US investors and led to further reform and regulation of the financial market around the world. An effective corporate governance system is designed to ensure the successful long-term development of countries' economies, attract investment and increase investor confidence. The object of the research is the corporate governance mechanisms of the BRIC countries and the conditions for their formation. The subject of the research is the peculiarities of national models of corporate governance in the BRIC countries. In this regard, the purpose of the study is, on the basis of a comparative analysis, to identify the main features of the national systems of corporate governance in the BRIC countries in order to develop recommendations for the policy of their improvement. The following conclusions were obtained. Formulated key characteristics and features of country models of corporate governance. It was revealed that all BRIC countries are characterized by a fairly high concentration of ownership, insider control - It was found key gaps in the implementation of corporate governance principles: transparency and disclosure of information, protection of shareholders' rights, gender diversity of boards of directors, implementation of recommendations on the share of independent directors. A criterion for the effectiveness of countries (total investment) was identified and recommendations for their improvement were developed.