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''We need a favourable legal and economic framework so that businesses can grow; we need legal certainty, simplification, and no surprises or uncertainties,'' declared Ignacio Osborne, President of the Family Business Institute, at the most recent session of Matins ESADE, sponsored by Bluecap and organised in collaboration with La Vanguardia. Mr. Osborne explained that the Family Business Institute defends family businesses and their interests generally, not just the interests of affiliated companies. ''Business owners want a long-term vision,'' he commented. ''It’s important to convey the idea that business owners create jobs and work.''
During his presentation, Mr. Osborne spoke about the need for good corporate governance, which, he said, ''offers a very clear competitive advantage''. He noted that good corporate governance has been central to the corporate operations of Osborne, the parent company of brands like Cinco Jotas, Rioja Montecillo and Anís del Mono, where Mr. Osborne has served as CEO since 1996.
''Osborne’s corporate governance began with the aim of organising an increasingly large ownership structure,'' he commented. ''The seed was planted in the 1960s, when the fourth generation was in charge – the generation of my grandfather, who decided that a family growing this quickly had to be regulated.'' He added: ''It’s important to define what the shareholder, the board of directors, and the business management should do. It’s essential to separate those three roles.''
Regarding the role of women on company boards and gender quotas, Mr. Osborne noted that his company has for many years had a large number of women on its board, which currently consists of three women and seven men. ''At Osborne, this has never been a controversial issue, because there have always been many women. We see this as normal, and we’ve never discussed quotas because that is not the best way to avoid discrimination.''