The Private Sector Perspective Session 2 Marcos E. J.Bertin FUNDECE

1
The Private Sector PerspectiveSession 2Marcos
E. J.BertinFUNDECE

• The Latin American Corporate Governance
  Roundtable
• Sao Paulo, 26-28 April, 2000

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Governance ProjectIDEA-FUNDECEFebruary-May
2000

• What is being done in selected countries.
• Board Best Practices.
• Introduction and acceptance
• Situation in Argentina.
• Obstacles and drivers

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Governance ProjectIDEA-FUNDECEJune-September
2000

• What should we do in Argentina
• Interview incumbents for consensus
• Final report with a strategy and action plan

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Drivers

• Attract and retain financial resources.
• Improve competitiveness
• Increase company value

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Obstacles

• common law vs. civil law
• Wholly owned companies, family and other
• Accounting practices

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Success cases

• Zucamor
• Office net
• Repsol YPF

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Repsol-YPF

• Please attend tomorrow from 14.30-16.00
• Session 3, Corporate Governance Practices.
  
• Presentation Alejandro Etchart, VP of
  
• Spencer Stuart, Argentina

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Conclusion

• Board Best practices- Good for the business
• But only a shopping list. Apply what is
  necessary
• Private sector has to do it at their own
  initiative
• Government to apply in their own
  organizations