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The Private Sector PerspectiveSession 2

Marcos E. J.BertinFUNDECE

The Latin American Corporate Governance Roundtable

Sao Paulo, 26-28 April, 2000

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Governance ProjectIDEA-FUNDECE

February-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-FUNDECE

June-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