The role of home country political resources for Brazilian multinational companies



Título del documento: The role of home country political resources for Brazilian multinational companies
Revista: BAR - Brazilian Administration Review
Base de datos:
Número de sistema: 000552898
ISSN: 1807-7692
Autores: 1
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1
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Instituciones: 1Fundação Getúlio Vargas, São Paulo, SP. Brasil
Año:
Periodo: Oct-Dic
Volumen: 10
Número: 4
Paginación: 415-438
País: Brasil
Idioma: Inglés
Resumen en inglés This paper aims to analyze the interactions between home country governments and Developing Country Multinational Companies (DMNCs). Drawing on evidence from the Brazilian political environment and Brazilian multinationals we investigate the mechanisms governments use to influence the internationalization process of domestic companies and firms' political strategic responses to shape the political institutional environment in which they operate. We argue that foreign direct investment (FDI) outflows from developing economies need to be explored given specific country level contextual factors, such as high levels of government involvement. Our main findings support this idea and indicate that home country governments use a series of formal and informal mechanisms in order to drive the international expansion of DMNCs in both the entry and consolidation phases. Moreover, DMNCs political behavior in the home country political environment accounts for an important part of their strategy to develop political resources and obtain above average returns from governmental benefits.
Keyword: Competitive advantage,
Interactions between companies and governments,
Developing country multinational companies
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