Open Source Content Management

Introduction

Gradually, the words expressed by the 1976 Nobel Prize in Economics, Milton Friedman, that “there is one and only one social responsibility for business: to use its resources and engage in activities designated to increase its profits…” have less resonance among organizations. This is because, contrary to that quote and almost 50 years later, the World Economic Forum published the Davos Manifesto 2020, which states that “a company is more than an economic unit generating wealth. It fulfils human and societal aspirations as part of the broader social system. Performance must be measured only on the return to shareholders, but also on how it achieves its environmental and social objectives”.

A trend has grown during the past few years in investors from the international financial sector, ranging from big investment funds and institutional investors to individual investors (retail investors). This trend is to invest not only in companies that have stable and competitive finances, but also in those that fulfill criteria of sustainable and responsible operations. These aspects have been focused mainly on three big matters: the Environmental, the Social and the Governance (ESG as an acronym). Thus, the investors choose companies that are considered as pillars of the ESG because these serve to value their legal, regulatory and reputational risk.

Our Partner Fernando Carreño offers his insights in an overview regarding Mexican statutes and their regulations in The Private Litigation Guide Mexico Overview.

Our Partner Fernando Carreño offers his insights regarding Mexico in The Private Litigation Guide – Mexico Q&A.

Our Partners Luis Burgueño and Alberto Córdoba as well as our associates Marisol Márquez and Elías Jalife, offer their perspectives regarding indemnity escrows and other payment guarantees in The Guide to Mergers and Acquisitions of Latin Lawyer Insight (First Edition).

Our Partners, Adrián Magallanes and Diego Sierra offer their insights regarding litigation in Mexico in Chambers Global Practice Guides Litigation 2021.

Our Partner, Adrián Magallanes & our Associate, Rodrigo Barradas offer their insights in IBA regarding "The next wave of ISDS cases could be ‘powered’ by recent policy changes in the renewable energy sector in Mexico”. 

Our Partner, Luis Burgueño & our Associate, Santiago Barraza provide their contributions to Lexology GTDT: Market intelligence, discussing "private equity buyouts and investments in Mexico, particularly in the second quarter of 2020…”

Our Partners Adrián Magallanes and Diego Sierra outline the current scenario regarding Litigation in Mexico.

Our Partner, Diego Sierra and our Associate, Alejandro González give their insights about a wave of bankruptcies that could hit Mexico as a by-product of the Covid-19 outbreak.