Master in International Business - MIB (tesis)
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Examinando Master in International Business - MIB (tesis) por Autor "Lugardo, José Alberto"
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Ítem Factors influencing the implementation of diversity and inclusion policies declared by USA Mncs operating in Colombia(Universidad EAFIT, 2019) Lugardo, José Alberto; Díaz Vázquez, Juan CarlosColombia, a country that can be described as an Emerging Market due to its economic characteristics (Teso, Yumi ; Kondo, Masaki; Dormido, 2018), has experienced a significant increase in Foreign Direct Investment (FDI) over the past decades. During these years, US Multinational Companies (MNCs) have operated in Colombia through subsidiaries. Not only have MNCs had an impact on the local economy, they have experienced culture shock and adaptation over the years. MNCs face different challenges for enforcing global policies in their subsidiaries, including differences in regulatory, economic, cultural and social factors among others. This research examines these four elements related to the Diversity and Inclusion (D&I) policies declared by US MNCs operating in Colombia. This research takes a closer look at the D&I policies declared by four US MNCs with subsidiaries in Colombia. These companies are members of the Human Rights Campaign Foundation (HRC). The HRC has measured their Corporate Equality Index (CEI) performance for several years. This analysis focuses on the Lesbian, Gay, Bisexual, Transgender and Intersexual (LGBTI) community’s declared inclusion in US Multinational Corporation subsidiaries in Colombia. This is an important consideration because MNCs need to make sure their employees’ rights are protected when assigned to their subsidiaries no matter their sexual preference or gender expression. Quintero, Yenni Viviana; Duque Orozco & Acevedo, argue that, “MNEs play a significant role given their influence and activities in both home and host countries. They play a double role: actors in the problem, but also actors in the solution.” (2012, p.2) This paper aims to provide an improved understanding of cultural differences, social sensibilities and regulatory strains regarding D&I policy practices particularly related to inclusion of LGBTI groups.