Session 107

Multilatina Performance

Track A

Date: Saturday, March 12, 2011


Time: 10:45 – 12:00


Room: Room 1-D

Session Chair:

  • Luis Dau, Northeastern University

Title: Developing Taxonomy of Brazilian MNES


  • Jorge da Silva, Pontifical Catholic University of Rio de Janeiro
  • Angela da Rocha, Pontifical Catholic University of Rio de Janeiro
  • Jorge Carneiro, Pontifical Catholic University of Rio de Janeiro

Abstract: It has been argued that the characteristics and behavior of emerging-markets MNEs differ not only from today’s developed-country MNEs, but also from these firms at the time they initiated their expansion abroad. Moreover, emerging-markets MNEs do not seem to constitute a homogeneous group. Differences in countries’ resource endowment and culture would tend to lead to differences in ownership mode and capital structure (Cantwell and Barnard, 2008; Hennart and Larimo, 1998). Furthermore, even when these firms appear in the same country, they may still differ in several aspects of internationalization, such as motives, markets, or competitive advantages (Ramamurti, 2009).

Title: Linking Social Capital, Internationalization and Performance to Brazilian SMEs


  • Ruth Clarke, Nova Southeastern University
  • Ramdas Chandra, Nova Southeastern University
  • Marcilio Machado, Famex Trading Company

Abstract: Brazilian SMEs, encouraged by government policy, are rapidly expanding into international markets. We propose to present empirical findings of the relationship between social capital, the extent of strategic internationalization and performance. We measure social capital in terms of the nature and extent of membership of an individual or group in informal networks and formal, voluntary organizations using two adapted tools, the SOCAT (Social Capital Assessment Tool) and the SC-IQ (Integrated Questionnaire for Measuring Social Capital) from the World Bank. These tools are developed particularly for applicability to developing countries and therefore are well suited for our study. We measure performance using subjective measures of sales, assets and employees. We discuss the findings and make recommendations for SMEs and for public policy makers.

Title: Long-term Success of Privatized Companies: Examining the Embraer Case


  • Denise Fleck, Federal University of Rio de Janeiro
  • Gustavo Guerrante, Rio de Janeiro City Hall

Abstract: Taking a long-term perspective of organizational existence, this paper reports a longitudinal study of Embraer, a company that exhibits an impressive record of post-privatization accomplishments. The study compares the state-owned (1969-1993) with the privatized (1994-2009) period using a theoretical framework of analysis that associates long-term success with the organizational ability to handle a set of growth challenges. The comparative analysis of the two periods suggests that throughout its history Embraer has developed consistently strong capabilities to deal with and respond to two growth challenges: enterprising, and navigating into the dynamic environment. On the other hand, the company’s capabilities vis-à-vis three other challenges – diversity management, human resources provisioning and complexity management – have not been consistent over time, and, in some cases, have weakened after privatization.

Title: Strategy and Real Options: Using Latent Curve Models in Longitudinal Analysis of the Value of Growth Options


  • Flavio Vasconcelos, Getulio Vargas Foundation

Abstract: Research integrating strategy and real option theories suggests that firms can be viewed as a portfolio of opportunities that can be seized in the future, implying that resources, capabilities and organizational processes must be combined in order to achieve its optimization. Firms differ with regard to their capacity for such optimization and this heterogeneity is reflected in the dynamic and idiosyncratic behavior of the value of their growth options. Using latent curve models under the perspective of structural equations, we analyze the determinants of the its value and variability.

All Sessions in Track A...

Fri: 11:30 – 12:45
Session 103: CSR and Environmental Issues in Emerging Markets
Session 111: Performance Issues
Session 114: Internationalization Strategies
Session 117: Learning in Emerging Markets
Session 120: The Characteristics and Effects of the BRIC Economies as Hubs for Regional Economic Development
Fri: 14:15 – 15:30
Session 102: Resources in Emerging Markets
Session 106: Multilatina FDI Strategies
Session 110: Global Competition
Session 112: CSR and Environmental Issues
Session 124: Research Methods for the Study of Competitive Advantage
Fri: 15:30 – 16:45
Session 101: Institutions in Emerging Markets
Session 104: Alliances and Networks
Session 105: Knowledge and Innovation
Session 108: Knowledge and Resources
Session 115: Developing Country Firms
Sat: 10:45 – 12:00
Session 107: Multilatina Performance
Session 113: CEOs and Other Human Resources
Session 123: Banks and their Influence
Session 125: Reviewing Latin America’s Strategic Role in Global Development
Session 126: Publishing and Not Perishing: Strategies for Publishing in Top Journals
Sat: 15:45 – 17:00
Session 100: Entrepreneurship in Emerging Markets
Session 109: Social Issues and Local Development
Session 116: Emerging Market Institutional Reform
Session 118: Management Innovation in Emerging Markets
Session 127: Teaching in Latin America

Strategic Management Society

Rio De Janeiro