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This paper focuses on the firm‐specific assets, management processes, and organizational strategies displayed by a group of firms based in Latin America, a region that undertook a generalized attempt of economic liberalization during the 1990s. We analyze the operational and organizational strategies of 40 local firms with rapidly expanding international operations within the region – defined as “multilatinas” – and contrast them with those of 58 U.S. and European multinational corporations also operating in Latin America. By comparing these two sets of firms – emerging and experienced – in the same context and over the same time period, we can test for the universality of models of organizational change that are based largely on the latter. We show that multilatinas enjoy less firm‐specific assets and make less extensive use of sophisticated management processes than their foreign counterparts. We also see, however, many of these emerging multinationals evolving by adopting more complex coordination and control mechanisms as they face a more integrated and global environment.

In this chapter, we reexamine the notion that socially responsible behavior by firms will lead to increased financial performance. By identifying the underlying processes, institutional settings, and actors involved, we present a framework that is more attentive to the multiplicity and conditionality of the mechanisms operating in the often tenuous connection between firms’ social behavior and financial performance. Building and expanding upon existing analyses of the CSP–CFP linkage, our model helps to explain the mixed results from a wide range of empirical studies which examine this link. It also provides a novel theoretical account to help guide future researches that are more attentive to conditionalities and contextual contingencies.

This chapter provides an introduction to the Global Entrepreneurship Monitor (GEM), a project under Latin America and the Caribbean (LAC) regional approach. As a region, the countries of LAC correspond to the second-highest representation in GEM after Europe. The chapter describes the GEM project, summarizes some key longitudinal indicators for the region, and analyzes the contributions and importance of GEM project for the systematic study of entrepreneurship.

In 1983, Charles T. Goodsell reviewed the depictions of bureaucracy in popular culture and academic writing in the United States and concluded that bureaucracy was viewed as “a hate object.” He wrote:Bureaucracy, then, is despised and disparaged. It is attacked in the press, popular magazines, and best sellers. It is denounced by the political right and left. It is assaulted by molders of culture and professors of academia. It is castigated by economists, sociologists, policy analysts, political scientists, organization theorists, and social psychologists. It is charged with a wide array of crimes, which we have grouped under failure to perform; abuse of political power; and repression of employees, clients, and people in general. In short, bureaucracy stands as a splendid hate object. (Goodsell, 1983, p. 11)

In late April 1973, Charles P. Sutcliffe, the Commissioner of the Royal Hong Kong Police Force (RHKPF), received confidential information that Chief Superintendent Peter F. Godber, Deputy District Police Commander for Kowloon, was remitting money abroad. This information was transmitted to James J. E. Morrin, the Director of the Anti-Corruption Office (ACO), for investigation. By the end of May 1973, investigations by the ACO officers revealed that Godber had deposited in Hong Kong banks or remitted overseas HK$650,000 (US$128,332) since 1968 (Blair-Kerr, 1973a, pp. 3–4).