50 research outputs found

    Spanish Foreign Direct Investments in Latin America: Internationalization Strategies and Financial Management Practices

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    This study analyzes the internationalization strategies and the financial management practices of seven Spanish companies with the largest volume of investments in Latin America. The companies selected for an in-depth analysis represent approximately 80 percent of the total Spanish foreign investments during the period of analysis. Their investments have taken place mainly in service sectors such as banking, energy, and telecommunications. The study identifies the market conditions and the corporate strategies that have allowed these Spanish companies to successfully initiate and expand business activities into Latin America. The findings suggest Spanish investors have strengthened their global competitiveness and have accomplished greater financial results

    Institutional Determinants of the Argentinean Crisis: A Systemic Approach

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    The explanations given for the Argentinean crisis are fragmentary and center almost exclusively on the causal relationships among economic variables. This study builds on the interpretations that various economists have presented regarding the Argentinean crisis. Based on identified factors, a conceptual approach is used to expose the systemic and dynamic nature of the crisis and to permit an analysis of the interrelationship among the economic, political and institutional factors that triggered it. The article contends that in addition to economic and financial factors, the Argentinean crisis was aggravated due to: (1) institutional frailty, inadequate political management, and lack of transparency, which led to increasing instability and uncertainty; and (2) institutional weakness and obsolescence, which hindered reform consolidation and juridical standards for guaranteeing property rights and adherence to contracts. The article also maintains that the solutions to the crisis required the coordinated actions of different economic and political agents within the framework of a new social pact

    Institutional Determinants of the Argentinean Crisis: A Systemic Approach

    Get PDF
    The explanations given for the Argentinean crisis are fragmentary and center almost exclusively on the causal relationships among economic variables. This study builds on the interpretations that various economists have presented regarding the Argentinean crisis. Based on identified factors, a conceptual approach is used to expose the systemic and dynamic nature of the crisis and to permit an analysis of the interrelationship among the economic, political and institutional factors that triggered it. The article contends that in addition to economic and financial factors, the Argentinean crisis was aggravated due to: (1) institutional frailty, inadequate political management, and lack of transparency, which led to increasing instability and uncertainty; and (2) institutional weakness and obsolescence, which hindered reform consolidation and juridical standards for guaranteeing property rights and adherence to contracts. The article also maintains that the solutions to the crisis required the coordinated actions of different economic and political agents within the framework of a new social pact

    La felicidad y la productividad en los colaboradores de la empresa Inversiones AOJAVIL E.I.R.L. en Chimbote en el año 2019

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    La variable felicidad guarda gran importancia para el desarrollo de los individuos, que buscan alcanzar sus metas. Hablar de felicidad, es tratar de relacionarla con otras variables tales como la productividad, que es delimitante para el éxito de las organizaciones. Es por ello, que el presente trabajo tuvo como propósito principal determinar la relación de la felicidad con la productividad de los colaboradores de la empresa Inversiones AOJAVIL E.I.R.L en Chimbote en el año 2019. Tuvo como propósito secundario, identificar los niveles de las variables felicidad y productividad de los colaboradores de dicha empresa, y determinar la relación entre productividad y las dimensiones de la felicidad. La investigación fue de enfoque cuantitativo, con un tipo de estudio no experimental trasversal, y un diseño descriptivo - correlacional. La población fue de 40 colaboradores del área productiva. El estudio utilizó instrumentos de recolección de datos validados por expertos en ambas variables, para felicidad un “Cuestionario para medir la Felicidad” y en productividad una “Guía de análisis observacional”. Los datos fueron procesados haciendo uso del análisis descriptivo y también inferencial. Como resultados, la felicidad posee una relación significativa con la productividad en los colaboradores de la empresa Inversiones AOJAVIL E.I.R.L en Chimbote en el año 2019, con un coeficiente de Rho de Spearman de 0,277, mostrando una relación positiva de nivel baja. Se identificó el nivel de la felicidad donde el 70.0% de colaboradores se encuentran en un nivel alto y el nivel de la productividad es medio con un 55%. Se determinó que la relación más significativa entre la productividad con una de las dimensiones de la felicidad fue la del sentido positivo de la vida con 0,258 de coeficiente de Rho de Spearman

    Development of business schools in emerging markets: Learning through adoption and adaptation

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    The purpose of this study is to contribute to the understanding of the critical resources and capabilities that business schools (BS) have developed to achieve sustainable development. Framed within the resource-based theory, it analyzes seven of the top 50 BS from emerging markets (EM). It argues that these schools have grown through a development process of adopting and adapting business models, including teaching and research methodologies, organizational structures, and business practices; when they consolidated their local leadership, they started to follow a more idiosyncratic process. The findings shed light on the challenges that schools from EM face to deliver local impact while being measured by international standards and have implications for theory development, practice, and policymaking. In terms of theory, the findings show how the Global North model has exerted a determining influence in the development path of BS in EM, and, subsequently, how the pressure to respond to domestic demands has guided the acquisition of resources and the development of capabilities. For practice, the study reveals development patterns, clues about the challenges these BS face, and the range of solutions they have implemented. For policymaking, the case studies offer valuable lessons on how governments can design support systems for BS development
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