The Argentine government rises the directory of the companies: Why it is bad? April 16th, 2009 How difficult is to ahead take a productive activity in Argentina! Besides an uncertain and unstable context (mainly product of the official economic policy), of the controls of prices and the high rate of inflation, now the government tries to put in the companies. Although the strategy is not the same used by Chvez, it either does not seem to be different itself too much from her. The estatizacin of the Administrators of Bottoms of Retirements and Pensiones (AFJP), in Argentina not only represented a problem for the contributors the deprived system, but also was it for several deprived companies of which the missing organizations of administration had participation shareholder. To think that when privatized the system of pensions and retirements in Argentina, and it was allowed the AFJP to invest a portion of the bottoms in battles of local significance, it as much represented the very good news for the stock market the premises like for its subscribing companies that strived to improve their qualification to be object of investment for the same. Now these companies tell within himself with a shareholder nonwished and that it can affect the perspective of the same negatively. The estatizacin of the AFJP system changed the club structure of the companies of a nonsmaller way since the property shareholder of these companies who was in the hands of several AFJP happened to be in the hands of a single shareholder: the State. A shareholder with major to be able and a different vision on the businesses. Which is the problem that the government enters to comprise of these private companies? The main problem is that the State does not think just as the private sector reason why its influence in the decision making can move away to the companies of its objective of maximization of the benefits and can prevent the strategic decision making for the future development of the companies. .