Corporate Governance Country Assessment : Mexico
This report provides an assessment of the corporate governance policy framework, enforcement and compliance practices in Mexico. Mexico has overhauled its policy framework over the past two years and developed world-class standards in a number of d...
| Main Author: | |
|---|---|
| Language: | English en_US |
| Published: |
Washington, DC
2013
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2003/09/6595867/mexico-report-observance-standards-codes-rosc-corporate-governance-country-assessment http://hdl.handle.net/10986/14473 |
| Summary: | This report provides an assessment of
the corporate governance policy framework, enforcement and
compliance practices in Mexico. Mexico has overhauled its
policy framework over the past two years and developed
world-class standards in a number of different areas. The
report highlights the recent improvements to the laws and
regulations, makes policy recommendations where appropriate,
and provides investors a benchmark against which to measure
corporate governance in Mexico. In recent years there have
been a number of major reforms, including the drafting of an
early code of best practice, the redrafting of key
provisions of the securities market law (including
requirements for mandatory audit committees and independent
board members), new regulations of the market for corporate
control, and regulations issued in 2003 that resulted in an
issuer manual specifying disclosure guidelines for listed
companies that largely meet OECD guidelines. |
|---|