Jose Luis Rivas
eBook, ePUB

A Primer on Corporate Governance (eBook, ePUB)

Mexico

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Mexico is a land inhabited by several indigenous civilizations and was conquered by Spain in 1521. The country is mostly a racial mix between the Spanish and native cultures. It is a traditionalist society where family, religion, and culture play a key role. The role of the marketplace is constrained by the government and local interest groups such as unions, political parties, commerce chambers, and private firms. The market for corporate control is scarce. Corporate governance codes are voluntary.Corporate ownership is concentrated with few institutional investors. Shareholder activism is un...

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