Abstract

GOMEZ-ALATORRE, Eugenio. Ethical Practices in Mexico’s Large Companies. The Anáhuac j. [online]. 2020, vol.20, n.1, pp.12-43.  Epub Dec 06, 2021. ISSN 2683-2690.  https://doi.org/10.36105/theanahuacjour.2020v20n1.01.

This article evaluates the current status of ethical practices in large companies operating in Mexico. The article analyzes the results of a survey (of 107 large companies) and shows the type of ethical practices that companies have adopted, the degree of implementation of these practices, the motivations behind their implementation and the perceived impact of such practices on organizations. This article helps to fill the gap of analysis about ethical practices in Mexico.

We find that large companies in Mexico have implemented a set of formal ethical practices in accordance with international trends. More than 65 % of the companies surveyed reported having an ethics code, a mission and vision statement, formal conflict-resolution mechanisms or speak-up policies, or compliance policies. We found that the three major reasons for developing ethics policies in Mexican organizations are reputation, personal values of the owners or managers, and criminal liability.

Keywords : survey; code of ethics; ethical practices; business ethics; Mexico; M190.