Corporate Governance for a New Environment: Adjusting Ownership and Organization in an Integrated Market
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Redalyc
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| Natura: | Artículo científico |
| Lingua: | en |
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Portal Universia S.A.
2008
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| _version_ | 1876444760565088256 |
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| author | José R. de la Torre |
| author_facet | José R. de la Torre |
| contents | Corporate Governance for a New Environment: Adjusting Ownership and Organization in an Integrated Market José R. de la Torre Economía y Finanzas Efficiency Effectiveness Competitiveness Corporate governance MultiLatin companies Multinational operations in Latin America – whether foreign or locally owned – experienced a dramatic change in their environment during the decade of the 1990s. Starting from a world in which each country was virtually isolated from their neighbors, a series of dramatic political changes brought about significant economic liberalization in its wake, including an explicit poli - cy of market integration both regionally and globally. Firms that operated historically in a fede - ral governance structure, with each subsidiary essentially operating exclusively in its own market and protected by high trade and investment barriers, were driven to change their operational, ownership and managerial structures in order to survive and prosper. The difficulties associated with these changes were significant and many firms and owners failed to adopt the necessary governance structures that would facilitate this change. A comparison of Multinational with Multilatina firms show significant differences in their approaches and suggests the need for the latter to accelerate their managerial investments. 2008 artículo científico 1988-7116 https://www.redalyc.org/articulo.oa?id=511851318004 en http://www.redalyc.org/revista.oa?id=5118 Journal of Globalization, Competitiveness & Governability / Revista de Globalización, Competitividad y Gobernabilidad / Revista de Globalização, Competitividade e Governabilidade application/pdf Portal Universia S.A. Journal of Globalization, Competitiveness & Governability / Revista de Globalización, Competitividad y Gobernabilidad / Revista de Globalização, Competitividade e Governabilidade (España) Num.2 Vol.2 |
| format | Artículo científico |
| id | redalyc_511851318004 |
| institution | Redalyc |
| language | en |
| publishDate | 2008 |
| publisher | Portal Universia S.A. |
| spellingShingle | Corporate Governance for a New Environment: Adjusting Ownership and Organization in an Integrated Market José R. de la Torre Economía y Finanzas Efficiency Effectiveness Competitiveness Corporate governance MultiLatin companies Corporate Governance for a New Environment: Adjusting Ownership and Organization in an Integrated Market José R. de la Torre Economía y Finanzas Efficiency Effectiveness Competitiveness Corporate governance MultiLatin companies Multinational operations in Latin America – whether foreign or locally owned – experienced a dramatic change in their environment during the decade of the 1990s. Starting from a world in which each country was virtually isolated from their neighbors, a series of dramatic political changes brought about significant economic liberalization in its wake, including an explicit poli - cy of market integration both regionally and globally. Firms that operated historically in a fede - ral governance structure, with each subsidiary essentially operating exclusively in its own market and protected by high trade and investment barriers, were driven to change their operational, ownership and managerial structures in order to survive and prosper. The difficulties associated with these changes were significant and many firms and owners failed to adopt the necessary governance structures that would facilitate this change. A comparison of Multinational with Multilatina firms show significant differences in their approaches and suggests the need for the latter to accelerate their managerial investments. 2008 artículo científico 1988-7116 https://www.redalyc.org/articulo.oa?id=511851318004 en http://www.redalyc.org/revista.oa?id=5118 Journal of Globalization, Competitiveness & Governability / Revista de Globalización, Competitividad y Gobernabilidad / Revista de Globalização, Competitividade e Governabilidade application/pdf Portal Universia S.A. Journal of Globalization, Competitiveness & Governability / Revista de Globalización, Competitividad y Gobernabilidad / Revista de Globalização, Competitividade e Governabilidade (España) Num.2 Vol.2 |
| title | Corporate Governance for a New Environment: Adjusting Ownership and Organization in an Integrated Market |
| topic | Economía y Finanzas Efficiency Effectiveness Competitiveness Corporate governance MultiLatin companies |
| url | https://www.redalyc.org/articulo.oa?id=511851318004 |