Are Latin America's corporate elites transnationally interconnected? A network analysis of interlocking directorates

Datos Bibliográficos

ID3207175
AutoresJulián Cárdenas (0000-0003-0584-5603, Lateinamerika‐Institut Freie Universität Berlin Rüdesheimer Str. 54 14197 Berlin Germany, autor de correspondencia)
Año2015
Volumen15
Número4
Páginas424-445
Fecha de publicación2015-10-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaGlobal Networks (JOURNAL)
Identificadores de la revistaISSN: 1470-2266 • E-ISSN: 1471-0374
EditorialWiley (PUBLISHER • GB)
DOI10.1111/glob.12070
OpenAlexW2045636608
IdiomaEN
Citas recibidas24
Referencias citadas77

Conflicting perspectives appear when thinking about the emergence of a cohesive transnational corporate network in Latin America. On the one hand, regional political integration, foreign investment growth, increased cross-border mergers and acquisitions, and cultural and linguistic homogeneity may have fostered transnational networks among Latin America's corporate elites. On the other hand, domestic-based business groups, family control and trade orientation to the USA may have hindered the emergence of a cohesive transnational corporate network in Latin America. Based on a network analysis of interlocking directorates among the 300 largest corporations in Latin America, I ask whether the region's corporate elites interconnect at the transnational level and form a cohesive transnational corporate network. I found few transnational interlocks, a lack of cohesion in the transnational corporate network and no regional leaders. Corporate elites in Latin America are not transnationally interconnected and so a cohesive transnational corporate network has not emerged. I discuss implications and avenues of future research

Business · Economic geography · Economics · Economy · Foreign direct investment · Interlocking · International business · International trade · Latin Americans · Multinational corporation · Political economy · Political science · Politics · Sociology · Elite Sociology and Global Capitalism · Engineering · Law · Social and Cultural Dynamics · Social Capital and Networks