This article studies two interrelated questions. First, why did business groups in emerging markets thrive and prevail after pro‐market reforms were implemented in their countries? And, second, what type of adaptation ...

Purpose – The purpose of this paper is to examine the impact of business group characteristics on firm-operating performance in Chile. Design/methodology/approach – Using a multiple regression model, this study examines ...

Subsistence entrepreneurs play an important role in developing economies by forming small businesses that represent a way of life, providing employment at the base of the pyramid and contributing to the alleviation of ...

This article examines the interlocking directorates' structure of prominent Argentine business groups at the end of the import substitution period (1970–72), identifying corporate relations among and between business groups ...

This article combines the institutional theory and political economy approaches to test hypotheses about how transitions in institutional environments affect the performance of Business Groups. Its primary hypothesis is ...

In this paper we examine the relationship among business groups (BGs) in Chile in the long run, focusing on the relations between the state viewed as a BG and privately-owned BGs from 1970 to 2010. Our analysis proceeds ...

In this paper we examine the relationship among business groups (BGs) in Chile in the long run, focusing on the relations between the state viewed as a BG and privately-owned BGs from 1970 to 2010. Our analysis proceeds ...

This article aims to getting at the recent changes in Brazilian industrial capitalism, especially the expansion of companies and business groups abroad. The analyzed theme is the Votorantim Group, one of the most important ...