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Western Multinational Corporations in Latin America

Conflating Capitalisms and Institutional Dynamics of Inter-systemic Actor Exchange

Moritz Kappler

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Springer International Publishing img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Volkswirtschaft

Beschreibung

This book advances the debate on socio-economic development and multinational corporations (MNCs). It provides an actor-centered perspective and develops the framework called ‘Conflating Capitalisms’ that allows for a better understanding of both MNC-induced institutional change in the host country and the subsequent impact on local development.

The book uses the empirical case of Western MNCs in Latin America. It applies a sequential mixed-method design, including a large-scale elite survey on corporate behavior and in-depth, semi-structured interviews with local decision-makers on the institutionalization of German dual vocational training (DVT) in Brazil.
The book presents strong evidence for both behavioral contradiction in the host country - with MNCs showing alien-to-the-system behavior - and subsequent actor-induced institutional change, with varied developmental impact. Additionally, the book offers novel insights into MNCs’ handling of missing complementary institutions and the institutionalization process of coordinated practices in Latin America.

This book appeals to scholars, students, and practitioners who are interested in advancing the field of development and MNCs.


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Schlagwörter

Multinational corporations, Institutions, Institutional dynamics, Actor-centered institutionalism, Education system, Institutional complementarities, Organizational field, Institutional isomorphism, Dual vocational education, Host country, Varieties of capitalism, Organizational sociology, Institutional change, Foreign subsidiary, Socioeconomic development, International business, Latin America, Comparative capitalism, Institutional duality, Social embeddedness