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| Format: | Artículo científico |
| Language: | en |
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Associação Nacional de Pós-Graduação e Pesquisa em Administração
2011
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| Online Access: | https://www.redalyc.org/articulo.oa?id=84119751007 |
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| _version_ | 1866587100465332224 |
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| author | Rodrigo Bandeira-de-Mello |
| author_facet | Rodrigo Bandeira-de-Mello |
| contents | Performance Effects of Stakeholder Interaction in Emerging Economies: Evidence from Brazil Rodrigo Bandeira-de-Mello Rosilene Marcon Anete Alberton Administración y Contabilidad firm performance Emerging economies relational contracts stakeholder management Firm survival in emerging economies is often related to having access to valuable resources that are in stakeholders' hands. However, the literature on strategy in emerging economies provides scant information on the efficiency of acquiring stakeholder resources and its effect on firm performance. We investigated the stakeholder interaction effects on performance of domestic firms competing in an emerging market (Wright, Filatotchev, Hoskisson, & Peng, 2005) from a contractual perspective (Williamson, 1985). We argue that interacting stakeholders in a contractual set yield synergistic governance structures that allow firms more efficient access to external resources. Using a sample of 267 firms in Brazil (secondary data), we explored different patterns in stakeholder contracting with community, government, top management, and employees. A three-stage analysis process was devised: cluster analysis, general linear model estimation and verification tests. Results suggest that stakeholder interaction has a positive impact on firm performance. The conjoint effect of government and community contracts was found to yield superior firm performance as they provide a basic structure for contracting with other interacting stakeholders. 2011 artículo científico 1807-7692 https://www.redalyc.org/articulo.oa?id=84119751007 en http://www.redalyc.org/revista.oa?id=841 BAR - Brazilian Administration Review application/pdf Associação Nacional de Pós-Graduação e Pesquisa em Administração BAR - Brazilian Administration Review (Brasil) Num.3 Vol.8 |
| format | Artículo científico |
| id | redalyc_84119751007 |
| language | en |
| publishDate | 2011 |
| publisher | Associação Nacional de Pós-Graduação e Pesquisa em Administração |
| spellingShingle | Performance Effects of Stakeholder Interaction in Emerging Economies: Evidence from Brazil Rodrigo Bandeira-de-Mello Administración y Contabilidad firm performance Emerging economies relational contracts stakeholder management Performance Effects of Stakeholder Interaction in Emerging Economies: Evidence from Brazil Rodrigo Bandeira-de-Mello Rosilene Marcon Anete Alberton Administración y Contabilidad firm performance Emerging economies relational contracts stakeholder management Firm survival in emerging economies is often related to having access to valuable resources that are in stakeholders' hands. However, the literature on strategy in emerging economies provides scant information on the efficiency of acquiring stakeholder resources and its effect on firm performance. We investigated the stakeholder interaction effects on performance of domestic firms competing in an emerging market (Wright, Filatotchev, Hoskisson, & Peng, 2005) from a contractual perspective (Williamson, 1985). We argue that interacting stakeholders in a contractual set yield synergistic governance structures that allow firms more efficient access to external resources. Using a sample of 267 firms in Brazil (secondary data), we explored different patterns in stakeholder contracting with community, government, top management, and employees. A three-stage analysis process was devised: cluster analysis, general linear model estimation and verification tests. Results suggest that stakeholder interaction has a positive impact on firm performance. The conjoint effect of government and community contracts was found to yield superior firm performance as they provide a basic structure for contracting with other interacting stakeholders. 2011 artículo científico 1807-7692 https://www.redalyc.org/articulo.oa?id=84119751007 en http://www.redalyc.org/revista.oa?id=841 BAR - Brazilian Administration Review application/pdf Associação Nacional de Pós-Graduação e Pesquisa em Administração BAR - Brazilian Administration Review (Brasil) Num.3 Vol.8 |
| title | Performance Effects of Stakeholder Interaction in Emerging Economies: Evidence from Brazil |
| topic | Administración y Contabilidad firm performance Emerging economies relational contracts stakeholder management |
| url | https://www.redalyc.org/articulo.oa?id=84119751007 |