Edited by Harwell Wells
Chapter 16: The evolution of Mexican mercantile and corporate laws
The development of Mexican corporate law is examined in Chapter 16. The authors’ account of Mexican corporate and commercial law begins with that law’s origins in the regulations Spain established for governing Mexico when it was still the viceroyalty of New Spain, moving through new laws adopted after Mexican independence and up to changes made in the early twenty-first century. This chapter shows Mexico’s law being formed by cycles of globalization, from laws originating via New Spain’s role within the Spanish empire to recent legal changes spurred by Mexico’s contemporary integration with the global economy and international agreements. It also shows the law’s evolution as it was pulled by two sometimes-contrary policy goals, as the government sought to both play an active role in the economy and to promote economic growth.
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