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Multinational Corporate Strategy in the Face of Host Country Nationalism: The Case of Standard Oil Co. (New Jersey) in Colombia, Mexico, and Venezuela, 1917-1976

Author

Listed:
  • Bucheli, Marcelo

    (U of Illinois at Urbana-Champaign)

  • Aguilera, Ruth V.

    (U of Illinois at Urbana-Champaign)

Abstract

This paper undertakes a comparative and historical analysis of the subsidiaries of a large US oil multinational to examine how each subsidiary reacted to nationalist policies by different types of political regimes, host country regime changes, and the relationship of the host country government with the home country government. Our study shows that the features of each political regime and its changes over time explain the diverse corporate strategies that each subsidiary adopts across countries and over time.

Suggested Citation

  • Bucheli, Marcelo & Aguilera, Ruth V., 2006. "Multinational Corporate Strategy in the Face of Host Country Nationalism: The Case of Standard Oil Co. (New Jersey) in Colombia, Mexico, and Venezuela, 1917-1976," Working Papers 06-0101, University of Illinois at Urbana-Champaign, College of Business.
    • Handle: RePEc:ecl:illbus:06-0101
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