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 exemplifies 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.
* Christopher A Riley, Associate Professor, Durham Law School, Durham University, Palatine Centre, Stockton Road, Durham DH1 3LE, UK. firstname.lastname@example.org.
** Paola Ruelas, LLM, Durham Law School. email@example.com.
We would like to thank Clare McGlynn, the anonymous referees and the editor for helpful comments. The usual disclaimer applies.