4 research outputs found
The Role of Home Country Political Resources for Brazilian Multinational Companies
This paper aims to analyze the interactions between home country governments and Developing Country Multinational Companies (DMNCs). Drawing on evidence from the Brazilian political environment and Brazilian multinationals we investigate the mechanisms governments use to influence the internationalization process of domestic companies and firms’ political strategic responses to shape the political institutional environment in which they operate. We argue that foreign direct investment (FDI) outflows from developing economies need to be explored given specific country level contextual factors, such as high levels of government involvement. Our main findings support this idea and indicate that home country governments use a series of formal and informal mechanisms in order to drive the international expansion of DMNCs in both the entry and consolidation phases. Moreover, DMNCs political behavior in the home country political environment accounts for an important part of their strategy to develop political resources and obtain above average returns from governmental benefits
Estado de México y democracia en los albores del siglo XXI
De acuerdo con su título, este libro, compuesto por seis capítulos y dos anexos, reúne textos relativos a la democracia y al Estado de México, una de las principales entidades federativas de la República Mexicana. La importancia del Estado de México en el contexto nacional es indiscutible: de las 32 entidades que integran el país, es la que tiene más habitantes y electores (el segundo y el tercer lugares en ambos sentidos son ocupados, respectivamente, por el Distrito Federal y Veracruz), en tanto que está en el segundo lugar por el tamaño de su economía (en el primero se ubica el Distrito Federal y en el tercero, Nuevo León)
The effects of state ownership in the internationalization of emerging multinationals
Esta tese é um compendio de três trabalhos de pesquisa que visam analisar o efeito da
participação do estado na estrutura de propriedade das Multinacionais de Países
Emergentes (EMNEs). A participação do estado como acionista é um fenómeno que pode
trazer novas contribuições no âmbito da governança corporativa, administração da
empresa e a tomada de decisões estratégicas. Os estudos aqui inclusos permitem
identificar, a partir de momentos, diferentes, até que ponto o estado, na posição de
proprietário da EMNE, pode impactar a mesma. Os trabalhos vão desde os mecanismos
de escolha de firmas nas quais investir ate o impacto no ritmo de internacionalização
das empresas, explicando também os mecanismos que o estado usa para ganhar aceso à
tomada de decisões por meio de mudanças na governança corporativaThis thesis is a collection of three different research projects analyzing the effect of state
ownership in the internationalization of Emerging Multinationals (EMNEs). The
participation of the state as shareholder is a phenomenon that can bring new light into
the governance, management and strategic impact of having states participate as
owners in different levels. These studies will allow us to explore, from different
perspectives, the extent to which states, while owners, can impact the EMNE. The
studies thee contained go from exploring the selection mechanisms for a firm to become
the target of state ownership to its effect on the internationalization pace, passing
through the revision of the mechanisms available for the state to gain control and access
to a firm’s decision making, through changes to its corporate governance