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The emergence of world-class companies in Chile: Analysis of cases and a framework to assess integration decisions

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  • Tarziján, Jorge
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    Abstract

    This study discusses important corporate strategy decisions made by some of the most prosperous companies in Chile within an environment of deregulation and openness to international trade. The study uses a case analysis and develops a basic framework that facilitates the understanding of some of those decisions. The findings contradict, in part, the view that liberalization might favor an entrepreneurial focus and might promote the emergence of intermediaries. The cases in this study show that, despite being in an environment of deregulation and openness, these companies have become world-class through the integration of their business activities.

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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Business Research.

    Volume (Year): 66 (2013)
    Issue (Month): 10 ()
    Pages: 1728-1735

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    Handle: RePEc:eee:jbrese:v:66:y:2013:i:10:p:1728-1735

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    Web page: http://www.elsevier.com/locate/jbusres

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    Keywords: Corporate strategy; Multi-business companies; Rapid growth;

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    1. Yasemin Y. Kor & Joseph T. Mahoney, 2004. "Edith Penrose's (1959) Contributions to the Resource-based View of Strategic Management," Journal of Management Studies, Wiley Blackwell, vol. 41(1), pages 183-191, 01.
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    6. Rafael La Porta & Florencio Lopez-de-Silane & Andrei Shleifer & Robert W. Vishny, 1996. "Law and Finance," NBER Working Papers 5661, National Bureau of Economic Research, Inc.
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    8. Gene M. Grossman & Elhanan Helpman, 2002. "Integration Versus Outsourcing In Industry Equilibrium," The Quarterly Journal of Economics, MIT Press, vol. 117(1), pages 85-120, February.
    9. Brieuc Monfort, 2008. "Chile," IMF Working Papers 08/128, International Monetary Fund.
    10. Luigi Pascali, 2009. "Contract Incompleteness, Globalization and Vertical Structure: an Empirical Analysis," Boston College Working Papers in Economics 727, Boston College Department of Economics.
    11. Anand, Jaideep & Brenes, Estaban R. & Karnani, Aneel & Rodriquez, Arnoldo, 2006. "Strategic responses to economic liberalization in emerging economies: Lessons from experience," Journal of Business Research, Elsevier, vol. 59(3), pages 365-371, March.
    12. Cynthia A. Montgomery & Birger Wernerfelt, 1988. "Diversification, Ricardian Rents, and Tobin's q," RAND Journal of Economics, The RAND Corporation, vol. 19(4), pages 623-632, Winter.
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