A Primer on Corporate Governance – Mexico
A Primer on Corporate Governance – Mexico
A Primer on Corporate Governance – Mexico
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Description
A PRIMER ON CORPORATE GOVERNANCE – MEXICO
MEXICO IS A LAND INHABITED BY SEVERAL INDIGENOUS CIVILIZATIONS AND WAS CONQUERED BY SPAIN IN 1521.
Spanish and native cultures make up most of the country’s racial mix.
It is a society where family, religion, and culture are important. The role of the marketplace is constrained by the government and local interest groups.
There is no market for corporate control. Corporate governance codes are voluntary.
There are few institutional investors in corporate ownership. Shareholder activism is rare. In nature, corporate boards are single tier. CEO duality is a common practice. Insiders and shareholder representatives make up most of the boards. Minority stakes are held by independent board members.
THIS BOOK STARTS BY DESCRIBING THE MACRO CONTEXT IN WHICH MEXICO IS EMBEDDED.
The corporate governance system includes laws, regulatory bodies, code of good governance, stock market and local business groups.
Key characteristics of board structure and networks in the country are summarized in the central part of the book.
The book ends with interviews of two well-known directors and suggestions to move the governance field forward in Mexico.
Get a primer on corporate governance in Mexico.
There is a primer on corporate governance in Mexico.
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