Corrupcion Y Concentracion Del Ingreso: Su Impacto En Las Empresas Latinoamericanas
AbstractCorruption and income inequality have developed into a threat throughout Latin America. Their expansion generates a sense of urgency to confront the problem. Both perversely influence business decisions despite inherently sound macroeconomic reforms. Empirical evidence for twenty Latin American countries confirms a relationship between a set of political and economic variables to explain business performance. The analysis provides support that mainly corruption, rather than income inequality, adversely affects business performance. However, when taken together, both corruption and income disparities exacerbate their negative effects. Business executives must take a stance to demand minimum levels of transparency and equity.
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Bibliographic InfoArticle provided by Escuela de Administracion. Pontificia Universidad Católica de Chile. in its journal ABANTE.
Volume (Year): 10 (2007)
Issue (Month): 2 ()
Find related papers by JEL classification:
- H80 - Public Economics - - Miscellaneous Issues - - - General
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
- M21 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics - - - Business Economics
- O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
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