摘要:This article shows that the bad practices of the corporative government and the ethical absence can affect the financial performance of the companies specially its market value. It is analyzed the TV-Azteca which faces a swindle demand for a rebuying of debt violating the regulation of the versatile market of the United States specially the Sarbanes-Oxley Law, the econometric results show that the value and the price of the company have decreased since the beginning of the Securities and Exchange Commission (SEC) research. The Cementos Mexicanos (Cemex) is a company that developed an internal code of ethics and that adjusted itself to the Código de Mejores Práticas Corporativas (Best Corporative Practices Code), besides being an enthusiastic motivator of the good practices of the corporative government.
关键词:Corporative Government. Econometry. Ethics in Business. Sarbanes-Oxley Law.;Econometría. Ética de los Negocios. Gobierno Corporativo.;Econometría. Ética de los Negocios. Gobierno Corporativo.