Citation

Competitiveness of Latin American Firms – New Theory or New Application?

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Abstract:

This paper explores the characteristics of large Latin American firms that enable them to compete successfully in domestic and international business. A 2-stage theory is presented in which firms first compete domestically based on traditional competitive advantages; then they go overseas and succeed based on 2 particular strengths. Factors that help explain domestic competitiveness/performance include: company size(+), company age(-/+), family ownership(-), international sales(+), and sectoral diversification(-) in the 150 largest companies based in 6 Latin American countries. Case studies of FEMSA, Itausa, Grupo Luksic, and Grupo Economico Antioqueño show that their international competitiveness is based on risk appetite and management of government and society relations.
Most Common Document Word Stems:

0 (1),

Author's Keywords:

emerging markets; Latin America; competitiveness; global strategy; competitive advantages; emerging market multinationals
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Association:
Name: BALAS
URL:
http://http://www.balas.org/


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URL: http://citation.allacademic.com/meta/p1367093_index.html
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MLA Citation:

grosse, robert. "Competitiveness of Latin American Firms – New Theory or New Application?" Paper presented at the annual meeting of the BALAS, University of San Diego, San Diego, USA, Mar 21, 2018 <Not Available>. 2018-10-15 <http://citation.allacademic.com/meta/p1367093_index.html>

APA Citation:

grosse, r. , 2018-03-21 "Competitiveness of Latin American Firms – New Theory or New Application?" Paper presented at the annual meeting of the BALAS, University of San Diego, San Diego, USA Online <PDF>. 2018-10-15 from http://citation.allacademic.com/meta/p1367093_index.html

Publication Type: Conference Paper/Unpublished Manuscript
Review Method: Peer Reviewed
Abstract: This paper explores the characteristics of large Latin American firms that enable them to compete successfully in domestic and international business. A 2-stage theory is presented in which firms first compete domestically based on traditional competitive advantages; then they go overseas and succeed based on 2 particular strengths. Factors that help explain domestic competitiveness/performance include: company size(+), company age(-/+), family ownership(-), international sales(+), and sectoral diversification(-) in the 150 largest companies based in 6 Latin American countries. Case studies of FEMSA, Itausa, Grupo Luksic, and Grupo Economico Antioqueño show that their international competitiveness is based on risk appetite and management of government and society relations.


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