World Bank2013-07-232013-07-232003-09https://hdl.handle.net/10986/14473This 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.en-USCC BY 3.0 IGOACCOUNTABILITYAUDIT COMMITTEESAUTHORITYAUTHORIZATIONBANKRUPTCYBENCHMARKBENCHMARKSBOLSABONDSBOOK VALUECAPITAL MARKETSCOMMON STOCKCOMPANIESCOMPANYCOMPANY LAWCONSENSUSCORPORATE CONTROLCORPORATE GOVERNANCECORPORATE PROFITSCORPORATE STRATEGYCORPORATIONCORPORATIONSCOUNSELCOURT SYSTEMCRIMINAL SANCTIONSDAMAGESDEBTDISCLOSUREDISCLOSURE REQUIREMENTSDIVIDEND POLICYDIVIDENDSEXPENDITURESFINANCIAL CONTROLFIXED ASSETSFOREIGN INVESTMENTFOREIGN INVESTORSFOREIGN OWNERSHIPFOREIGN SHAREHOLDERSGDPGOVERNANCE MONITORINGHOLDING COMPANIESINSIDER TRADINGINSOLVENCYINSTITUTIONAL FRAMEWORKINSTITUTIONAL INVESTORSINTERNAL AUDITINTERNATIONAL FINANCEINVESTMENT MANAGEMENTINVESTMENT MANAGEMENT FIRMSINVESTOR RELATIONSLEGAL ENTITIESLEGAL FRAMEWORKLEGAL PROVISIONSLIQUIDITYLISTEDLISTED COMPANIESMERGERSMINISTRY OF FINANCEMINORITY SHAREHOLDERSOWNERSHIP DISCLOSURE REQUIREMENTSOWNERSHIP STRUCTUREPORTFOLIOPUBLIC DISCLOSUREPUBLIC SECTORREGULATORY FRAMEWORKREGULATORY MECHANISMSREGULATORY OVERSIGHTRISK MANAGEMENTSHARE CAPITALSHAREHOLDER MEETINGSSHAREHOLDERSSHAREHOLDERS RIGHTSSHAREHOLDINGSHAREHOLDING STRUCTURESSTATEMENTSSUPPLIERSTAKEOVERTRANSPARENCYVOTINGVOTING SHARESWEALTHWorld Bank10.1596/14473