Examinando por Materia "ESTABILIDAD POLÍTICA"

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    Institutional framework and bribery in Latin America: The case of PetroTiger Ltd. and Ecopetrol S.A.
    (Universidad EAFIT, 2014) Siegel, Eyal; González-Pérez, María Alejandra
    Due to different institutional interpretations, there is a broad set of perceptions and attitudes towards bribery and corruption. Especially in the international business context, it is not likely to have a uniform understanding and consensus regarding the interpretation and the handling of these behaviours. This paper analyses the corruption environment in Latin America. Based on analysing the specific case of the firm PetroTiger Ltd., which was engaged in bribery activities with the Colombian state-controlled firm Ecopetrol S.A. in 2010, this study finds characteristics of corruption in the Latin American region. This research distinguishes itself from the existing literature since it provides new insights in one specific region, including a broad set of dimensions and approaches. A compilation of desk research, media analysis and the Latin American Corruption Perception Index by the Transparency International underpins the corruption in this region. The primary findings show that the Latin American region differs from others because its level of perceived corruption is defined by its strong cultural influences, the internal economic drivers of Latin American firms, and the weak enforcement of legislation. Above all, this paper confirms that each region has its own characteristics and that the global perception on corruption is changing negatively. Taking this into account, this research explains the main causes for Latin America, and here for gives insights for further research that specific focusses on the cultural, economic or legal factors.
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    Riesgo político en las Cajas de Compensación de Colombia: un estudio cualitativo
    (Universidad EAFIT, 2018) Hinestroza Rojas, Yuliana; González Castrillón, Diego Hernán; Bornacelly Castro, Jaime Alberto
    Social Compensation Funds in Colombia are exposed to tensions coming from agonistic or antagonistic relations between different actors and stakeholders -- These tensions generate subsequent risk situations such as regulatory changes, presidential power changes, and State functions delegated to Family Compensation Funds, which may affect objectives achievement of the latter -- This research adopts qualitative approach and case study research to address political risk from a business management perspective that takes these relations into account -- Similarly, impact and treatment measures used in enterprise managing are indicated -- This research, simultaneously, motivates academic debate about the relevance of developing political risk conceptualization from an integral enterprise risk management perspective