The Sectors That Concentrate the Largest Companies in Latin America and Their Respective Business Environments

Paulo Roberto Feldmann
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Paulo Roberto Feldmann: University of São Paulo

Chapter Chapter 6 in Management in Latin America, 2014, pp 39-56 from Springer

Abstract: Abstract Because of the dissemination of globalization that has occurred on the Latin American continent at the beginning of the 1990s, the local companies were very exposed to the winds of change of international business. To survive, they were forced to diminish costs, discover niches impregnable by competitors outside of the region, or be transformed into global competitors. In this line, they began to be much more aggressive, seeking new managerial techniques, and accelerated the organizational restructuring. Some large local groups took good advantage of the moment of privatizations and bought state-owned companies and in this moment are restructuring them and, generally, with much success.

Keywords: Large Company; Latin American Country; Foreign Company; Local Company; Foreign Bank (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-04750-8_6

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DOI: 10.1007/978-3-319-04750-8_6

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