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FORMAL RULES OF THE GAME AND STAGES IN CORPORATE POLITICAL ACTION: A CASE STUDY OF ARGOS IN COLOMBIA 1960-2007
(Editorial Universidad Pontificia Bolivariana, 2015-01-01) Londono Correa, Diana
This article presents the results of a study on the types of formal institutions that require corporate political action. The study was conducted in the framework of the tendencies that stand out in the field of strategy in the XXI century, commitment to administrative practice, and the value of contextualized knowledge. This is a case study with a configurational, longitudinal, retrospective design on the political actions of Argos in Colombia between 1960 and 2007. Through this study, it became evident that companies in contexts similar to that of Colombia are in charge of two types of regulations: those that define property rights and those that regulate business. In addition, they are involved in two stages: (1) regulation development and (2) regulation enforcement. The conclusions of the study are in agreement with the knowledge of corporate political action (CPA) - a sub-field of strategy.