Argentina may grant incentives such as lower tax rates to companies that improve corporate governance standards, part of an effort to attract investment to South America's second-biggest economy.
The securities regulator known as CNV is discussing the incentives with the economy ministry and the stock exchange, CNV Chief Executive Rodolfo Iribarren said.
``It is a topic that is being evaluated because we have to find out the fiscal cost,'' he said in a telephone interview yesterday from Buenos Aires. ``In the second half probably we will have a clearer outlook on whether we could launch this measure in 2009.''
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