1. THE MEXICAN MULTINATIONAL BUSINESS GROUPS, THE GLOBAL EXPANSION STRATEGY, AND ITS IMPACT ON PERFORMANCE
- Author
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Pelayo-Maciel, Jorge, Perez-Esparza, Aimee, and Sanchez-Gutierrez, Jose
- Subjects
Bolsa Mexicana de Valores S.A. de C.V. ,Neoliberalism ,Securities industry -- International economic relations ,Family ,Emerging markets ,Brand equity ,Global strategy (Marketing) ,Foreign investments ,Trade regulation ,Consumption (Economics) ,Acquisitions and mergers ,Marriage ,Banks (Finance) ,Commercial banks ,Investment management ,Investments ,Mining industry ,Stock exchanges ,Banking industry ,Production management ,Securities industry ,Business, general ,Business ,Business, international - Abstract
The purpose of this research was to determine the relationship between ownership structure, the foreign direct investment strategy and its relationship with the performance of multinational business groups in Mexico, using information from EMIS Emerging Markets and the Mexican Stock Exchange in the period from 2012 to 2015. The findings were that a higher concentration of ownership results in a worse performance of the business group, and the strategies of foreign direct investment and the mergers and acquisitions have an ambiguous relationship in terms of performance. Keywords: Business groups, Ownership concentration, Performance, INTRODUCTION The business groups in Mexico date from the late nineteenth century, particularly in the city of Monterrey, where at that time there was a wave of industrialization driven by [...]
- Published
- 2018