Insights

Sorry, this entry is only available in European Spanish.

Sorry, this entry is only available in European Spanish.

Sorry, this entry is only available in European Spanish.

Sorry, this entry is only available in European Spanish.

Sorry, this entry is only available in European Spanish.

Sorry, this entry is only available in European Spanish.

In Chile in recent years, its citizens have been increasingly empowered. This has occurred in the hands of a relatively uninterrupted cycle of relatively high growth for no less than 27 years that has allowed unprecedented expansion in consumption of goods. In addition, our institutionality has been transformed into one in which greater rights are…

Chile is experiencing a difficult energy situation caused by two major factors: On the supply side, the restrictions on the supply of natural gas in Argentina, together with the current high oil prices and some of its substitutes, affect both availability and price Of the energy and therefore the profitability of the business of some…

Once again, the threat of electric rationing is hovering over our country and the current electricity prices are the highest recorded in our history. This is not an encouraging scenario, which raises the question of the fact that the supply of electricity has so little dynamism and because we are under a heavy burden of…

These days we have witnessed three events related to free competition. The Minister of Finance has just released the Chile Compete Plan with 15 measures aimed at improving competitiveness and innovation as well as strengthening the institutionality of competition. On the other hand, two books have been launched that approach this theme from two different…

On the same day that the results of a study on corporate transparency carried out by a university in the capital were presented, our place was shaken by the collusion that affected the paper market for a very long time. They have given rise to numerous comments that systematically point to flaws in corporate governance…

The collusion between recently denounced supermarket chains again brings to the forefront the importance of corporate governance of companies, an issue that becomes even more significant when treated in the three cases of companies that trade their shares and their debt instruments in markets Values. Once these facts were known, both its shares and its…

A few weeks ago the ex pdte. Ricardo Lagos, speaking before an audience of executives and businessmen gathered in the Monetary Club, invited to reflect on the future of Chile and the type of country that we wanted to build. I think for many it was refreshing to hear him talk, among other things, about…

Our Director of BY Asesores, Juan Pablo Bórquez, was interviewed in the program “Business Connection” on March 29. In this instance, this lawyer, professor and economist, had the opportunity to talk about the pain in business and the remedies proposed BY Advisers for those. He also talked about Corporate Governance and business ethics. To listen…

And appeared March. Seminars and conferences of renowned experts are announced, which will analyze the growth projections of the world economy and its repercussion in Chile. This will remind us that, despite the great effort to diversify our economy, we remain a country that depends on the behavior of the prices of its natural resources.…

Less than a year ago, the Superintendency of Securities and Insurance (SVS) issued General Standard No. 385 with the aim of publicly traded companies disclosing to the market the practices they have adopted in matters of corporate governance. Such practices are basically composed of a set of procedures and policies whose adoption has to be…

Although not recognized very openly, there are many pains in the world of entrepreneurship, small, medium and large companies and family businesses. These have to do with various aspects such as obstacles and conflicts as a consequence of a more complex, more integrated and more global world; The permanent challenge of making the business more…

Club Deportivo Universidad de Chile has had a bad campaign and risks descending to First B. If this were not enough, dismissing coach Beccacece would cost the employer company Azul Azul S.A. Something like 810 million pesos. The impression that remains after reading it (a media of written press made it public although without its…

Incredibly, arcane means “secret thing, a mystery difficult to know”. In a sophisticated world such as today, where there is abundant information available, suspicion seems to have been lost. The so-called “Arcano Group” offered an investment model that ensured a yield of around 20% per annum that few doubted even though it exceeded the risk-free…

– What, in your opinion, is the level of relevance that Corporate Governance has in a company? The Corporate Governance of a company is absolutely key. Its role is to give strategic direction to the business, to coordinate the efforts of many people, to attract and retain talent, to build and protect its reputation, to…

According to an article recently published by The Economist, Americans call the “gray market” the growing consumer market over 60 years that is revolutionizing business worldwide. This age group is currently the fastest-growing segment of the population of wealthy countries, whose number will have increased more than 30% by 2030, from 164 million to 222…

  The extension of benefits has been one of the issues debated before the Constitutional Court this week as part of the requirement prompted by the approval in the National Congress of labor reform promoted by the Government. The current labor law provides that collective bargaining agreements reach the members of the union that negotiated…

The Director of BY Asesores, Juan Pablo Bórquez, gave his vision regarding the high unemployment rates in our country. To see this complete interview, click here

On the other hand, increasingly integrated and competitive markets, on the one hand, and an increasingly strict public scrutiny of corporations ‘corporate governments, make the owners’ challenge of generating value permanently and sustainably even more evident in the time. And in this process there are three variables or factors whose management is critical so that…

I was able to attend the last edition of “Chile Day”, held last week in London. One of the speakers, Christopher Pissarides, Professor of Economics at the London School of Economics, gave an interesting reflection on how new technologies and automation will affect employment and society … Will we have a future without a job?…

To read the report of La Segunda, click here

According to an article published in “The Economist”, on the 15th of every month a bus driver in El Salvador keeps a small package wrapped in a black plastic bag under his seat and begins his route. At one point, two young people get on the bus, remove the package and get off. They will…

In the last edition of this magazine, the Director of BY Asesores, Juan Pablo Bórquez, makes an interesting reflection following the cases Arcano and AC Inversions.

The Director of BY Asesores, Juan Pablo Bórquez Y., carries out a deep analysis regarding the role that corporate governments should play in the field of football in our country. Source: here

Juan Pablo Bórquez in Diario Estrategia, regarding the Rule 385 of Corporate Governments. (Only version in Spanish)   To read the interview in high resolution click on the image or here (Only Spanish version)

In a recent article published in The Economist, this medium presents the “Glass-ceiling index”, ranking that reveals the countries where women have better chances of equality at work. The study combines data on higher education, labor force participation, wages, childcare costs, maternity rights, business school demands, and female representation in high-level positions. The novelty of…

Let’s start with the macro: the government of our country seen from the outside. The World Bank’s Worldwide Governance Indicators (WGI) are based on a comprehensive study of the quality of government of 215 nations in the period 1996-2014 that rates performance in 6 areas of governance: Freedoms and Accountability Political Stability and Absence of…

This is a question that many of us are sure to ask frequently. In simple terms one could say that we can adopt two positions. One is to do nothing or very little and wait for the unknowns to clear. This attitude is very similar to that phrase attributed to a President of Chile in…

The savings of Chileans in pension funds and mutual funds are increasingly close to US $ 240 billion of GDP in 2015. The rest of the personal savings of Chileans invested in local and international financial assets, estimated in other US $ 150 billion, are managed by a diverse array of entities and individuals ranging…

“Honesty is a very Expensive Gift. Do not expect it from Cheap People”. “Risk comes from not knowing what you’re doing.” “Diversification is a protection against ignorance.” These phrases from Warren Buffet seem to me to guide when it comes to choosing a counselor or counselor. First, it must be a person who can contribute…

Our Managing Partner, Juan Pablo Bórquez, was recently interviewed by Revista Valora, regarding tax havens. To know his interesting vision about it, here the interview:

Disagreements are part of the nature of business and relationships between people and often escalate into conflict. According to experts in this area, there are two types of conflicts in companies; In the first place, the cognitive ones, that have to do with difficulties in the understanding of the tasks of the company, different visions…

I read a few days ago an interesting article by The Economist entitled “Change, or else” on Corporate Governance in the United States, where criticism of large corporations used to come only from leftist politicians. But the big American corporations – even underneath the newspapers – are so unpopular that the attacks on them during…

The discontent of many Chileans with the pensions that the AFPs surrender accuses, among other things, the rigidity and little adaptability with which many of our institutions are designed. Today, it is inexplicable that when designing them, some element that revises the evolution of the most critical variables has not been incorporated and that the…

Few are those who look out of the box and dare to innovate by changing the paradigms of their industries. Those who dare have had the grace to see what others have not and that is why they have been successful. Key examples of this are, to name just a few, those of Airbnb, RyanAir…

Corpesca became the first company to be formalized as a legal person for alleged bribery in accordance with Law No. 20,393. This law was issued as part of the requirements for the entry of Chile to the OECD and establishes the criminal responsibility of legal persons in the crimes of money laundering, financing of terrorism…

Interview with our Managing Partner, Juan Pablo Bórquez, at La Tercera. Inform and plan: Keys to Responsible Debt Making a real diagnosis of your personal financial situation and consciously making decisions regarding your income is a key exercise before you hire any financial product or service. 2 Oct 2016 By: Tanya Orellana The various credit…

Opinion of our Managing Partner, Juan Pablo Bórquez in the Magazine Colegio de Ingenieros. (Spanish Version)

In ancient Greece the first reflections on economic issues were linked to justice. Greek philosophers wondered what the “fair price” of goods was, or whether it was fair to charge interest on loans or gain profits in trade. Economics and law are completely concomitant, complementary and dependent disciplines of one another. This year the Nobel…

Some days ago, El Mercurio published the results of a study on the functioning of the Directories in Chile. The sample included open, closed corporations and public companies. Notwithstanding the methodological limitations derived from the use of questionnaires as a means of collecting information, the conclusions summarized in the table below show quite a weakness…

The Dictionary of the Royal Academy of the Spanish Language defines the word myth in one of its meanings as “person or thing to which attributes or excellences that it does not have.” And this word came to mind about the idea that is currently going to be the affiliates of the AFPs who decide…

One of the new trends that has been installed in the gastronomic world are the kitchens in view of the diners, allowing them to see in a transparent way the whole process of preparation, their cooks and the hygienic conditions in which they perform. These types of kitchens create a sense of transparency and closeness,…

In times past, trust was eminently local and the result of close relationships. For example, if in a community where ten people lived, one of them borrowed something from another, and then did not return it, their reputation was damaged, and therefore other people would find out, they would stop trusting in it and They…

As the President of Colombia, Juan Manuel Santos, reminded us in his speech to receive the Nobel Peace Prize, the sun will return to shine over that nation after more than 50 years of armed conflict, causing thousands of victims, wounded , Involuntary displacements of hundreds of thousands of people and very economic losses. On…

One of the most recent articles in the Economist’s Schumpeter section argues that some demanagement theories are becoming a compendium of dead ideas. What Martin Luther did to the Catholic Church 500 years ago is what needs to be done to his gurus. The parallel he does to medieval Christendom and the world of management…

In a recent article in the Schumpeter section of The Economist, those people who claim not to have an outgoing personality are underestimated as potential leaders in their companies. Indeed, today most organizations are concerned about combating discrimination against their employees on the basis of race, gender or sexual preference. However, they do not realize…

The world today changes and is changing at an ever-increasing rate. On the other hand, many of these changes are very difficult or null prediction which has knocked down many paradigms in the areas of economy and organization that until a few years ago were little less than cars of faith. Change has been permanent…

I believe that in good companies profits are a consequence of the job well done and not the main purpose of its existence. I agree with the opinion of owners and managers that the reason for being of the company is to provide goods and services useful and able to generate social welfare. Every business…

Steve Ballmer, entrepreneur and former CEO of Microsoft, is the big promoter of the website www. USAfacts.org, which aims to integrate in one place all the official information of the more than 70 government agencies of the United States Government in order to analyze this immense amount of data and, in this way, provide transparency…

Sorry, this entry is only available in European Spanish.

Sorry, this entry is only available in European Spanish.

Sorry, this entry is only available in European Spanish.

Sorry, this entry is only available in European Spanish.

Sorry, this entry is only available in European Spanish.

Sorry, this entry is only available in European Spanish.

Sorry, this entry is only available in European Spanish.

Sorry, this entry is only available in European Spanish.

Sorry, this entry is only available in European Spanish.

Sorry, this entry is only available in European Spanish.

Sorry, this entry is only available in European Spanish.

Sorry, this entry is only available in European Spanish.

Sorry, this entry is only available in European Spanish.