Emerging market multinationals’ embeddedness in Global South countries
An empirical study of Chinese MNEs in Peru
Bibliographic Data
| ID | 15539057 |
|---|---|
| Authors | Dominique Mazé (corresponding author), Jorge Alcaraz (0000-0003-1654-2202), Ricardo E Buitrago R (0000-0002-6892-7094) |
| Year | 2024 |
| Volume | 20 |
| Issue | 4 |
| Pages | 517-538 |
| Publication date | 2024-04-22 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Critical Perspectives on International Business (JOURNAL) |
| Journal identifiers | ISSN: 1742-2043 • E-ISSN: 1758-6062 |
| Publisher | Emerald Publishing Limited (PUBLISHER • GB) |
| DOI | 10.1108/cpoib-09-2023-0087 |
| OpenAlex | W4395004311 |
| Language | EN |
| Citations received | 3 |
| References cited | 78 |
Purpose This paper aims to investigate how emerging market multinational enterprises (EMNEs) are integrating and expanding into other emerging market host countries, focusing on Chinese mining companies in Peru. Design/methodology/approach Adopting a qualitative approach, an in-depth analysis of two Chinese state-owned enterprises’ strategies was conducted, building on stakeholder theory and the business ecosystem perspective. Findings This study reveals a reliance on high-level political lobbying rather than localized engagement strategies. However, findings point to increasing grassroots resistance among local stakeholders, undermining EMNEs’ bargaining power. Originality/value This paper argues for a paradigm shift toward inclusive, cooperative “translocal governance” approaches as empowered communities gain voice. Key contributions include advancing theoretical understanding of changing stakeholder relationships and power configurations in emerging countries, underscoring the rising significance of microlevel sociocultural embeddedness for MNE success and highlighting practical imperatives for EMNEs to embark on rapid localization strategies in Latin America. By elucidating multilayered integration realities in Peru, this interdisciplinary study yields contextualized insights and enriches perspective on the conditions and pathways for EMNEs to build sustainability in Global South emerging market environments
Business · Economic geography · Economics · Embeddedness · Emerging markets · Empirical research · International business · International trade · Management · Multinational corporation · Political science · Social science · Sociology · Family Business Performance and Succession · International Business and FDI · Migration, Ethnicity, and Economy
Ecosystem as Structure
New Varieties of State Capitalism
How emerging market governments promote outward FDI
Corporate Social Responsibility in Developing Countries as an Emerging Field of Study
Political Corporate Social Responsibility
What passes as a rigorous case study?
Varieties of institutional systems
Towards a theory of ecosystems
Managing Legitimacy
Making connections
A geographic relational perspective on the internationalization of emerging market firms
Managing cultural specificity and cultural embeddedness when internationalizing
The social embeddedness of multinational companies
Political CSR initiatives as levers of marginalisation
The limits and promises of embeddedness as a strategy for social value creation
The structural violence of globalization
Local content policies
Challenges of space and place for corporate ‘citizens’ and healthy mining communities
Politicized CSR
Power asymmetries in social networks of ecosystem services governance
South–South cooperation and the rise of the Global South
The ‘Global South’ in the study of world politics
Transnational power and translocal governance
Multinational Corporations and Local Communities
How Does Development Mean? Attitudes toward Mining and the Social Meaning of Development in Guatemala
Case Study Method
| Citations per year | 3 |
|---|---|
| Citation span | 2025 - 2026 (2) |
| Highly cited | No |