Persistence of profitability in Latin America: Explaining the differences among countries, industries and firms
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| Format: | Artículo científico |
| Language: | en |
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Consejo Latinoamericano de Escuelas de Administración
2010
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| _version_ | 1876446259288473600 |
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| author | Jorge Tarziján |
| author_facet | Jorge Tarziján |
| contents | Persistence of profitability in Latin America: Explaining the differences among countries, industries and firms Jorge Tarziján Ingrid Eylerts Administración y Contabilidad strategic management Persistence of profits competitiveness in Latin America This article determines the level of persistence of profits econometrically and the differences in such a level, for different Latin American countries (Argentina, Brazil, Chile, Mexico and Peru) and for the USA. Furthermore, the article also evaluates persistence coefficients for individual companies and industries in each country and explains these coefficients. These comparisons are interesting since the questions about the determinants of performance and its persistence have been central to strategic management for several years, and there are no convincing explanations or empirical work that evaluate the variables that explain the possible variations in profit persistence across countries. Among our conclusions, we found that, at the country level, external debt, openness to international trade, country risk and foreign investment have a significantly negative impact on persistence of profits. 2010 artículo científico 1012-8255 https://www.redalyc.org/articulo.oa?id=71614355006 en http://www.redalyc.org/revista.oa?id=716 Academia. Revista Latinoamericana de Administración application/pdf Consejo Latinoamericano de Escuelas de Administración Academia. Revista Latinoamericana de Administración (Perú) Num.44 |
| format | Artículo científico |
| id | redalyc_71614355006 |
| institution | Redalyc |
| language | en |
| publishDate | 2010 |
| publisher | Consejo Latinoamericano de Escuelas de Administración |
| spellingShingle | Persistence of profitability in Latin America: Explaining the differences among countries, industries and firms Jorge Tarziján Administración y Contabilidad strategic management Persistence of profits competitiveness in Latin America Persistence of profitability in Latin America: Explaining the differences among countries, industries and firms Jorge Tarziján Ingrid Eylerts Administración y Contabilidad strategic management Persistence of profits competitiveness in Latin America This article determines the level of persistence of profits econometrically and the differences in such a level, for different Latin American countries (Argentina, Brazil, Chile, Mexico and Peru) and for the USA. Furthermore, the article also evaluates persistence coefficients for individual companies and industries in each country and explains these coefficients. These comparisons are interesting since the questions about the determinants of performance and its persistence have been central to strategic management for several years, and there are no convincing explanations or empirical work that evaluate the variables that explain the possible variations in profit persistence across countries. Among our conclusions, we found that, at the country level, external debt, openness to international trade, country risk and foreign investment have a significantly negative impact on persistence of profits. 2010 artículo científico 1012-8255 https://www.redalyc.org/articulo.oa?id=71614355006 en http://www.redalyc.org/revista.oa?id=716 Academia. Revista Latinoamericana de Administración application/pdf Consejo Latinoamericano de Escuelas de Administración Academia. Revista Latinoamericana de Administración (Perú) Num.44 |
| title | Persistence of profitability in Latin America: Explaining the differences among countries, industries and firms |
| topic | Administración y Contabilidad strategic management Persistence of profits competitiveness in Latin America |
| url | https://www.redalyc.org/articulo.oa?id=71614355006 |