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Abstract: The lack of gender diversity on companies’ boards has become a matter of global concern in recent years. In many countries, this concern has been matched by robust action to increase the number of women directors. Other countries, however, have fared rather less well. Mexico exemplifi es the latter group, as well as many of the reasons why progress towards greater diversity has often been slow in such countries. This article explains why we should care about a lack of gender diversity, and why these reasons for caring apply to countries such as Mexico, notwithstanding their distinctive social structures and corporate landscapes. It examines a number of comparator countries where greater progress has been achieved, and proposes a strategy for increasing the number of women directors.
Keywords: corporate governance; company law; Mexico; board gender diversity
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