Published: 2013-10-01

Editorial

Jorge Carneiro
1-2

Editorial information

Abstract:

Editorial Advisory Board
Antonio Carvalho Neto (Pontifical Catholic University of Minas Gerais, Brazil)
Arch Woodside (Boston College, USA)
Bryan Husted (York University, Canada, and ITESM, Mexico)
Jay Barney (University of Utah, USA)
Pervez Ghauri (King´s College London, UK)
S. Tamer Cavusgil (Georgia State University, USA)
Sergio Lazzarini (Insper Institute of Education and Research, Brazil)

Editor-in-Chief
Jorge Carneiro...

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Speak now or forever hold your peace? An essay on whistleblowing and its interfaces with the Brazilian culture

Diego Barreiros Dutra Sampaio, Filipe Sobral
370-388
Abstract:

Since the last decade corporate scandals have drawn public attention to the importance of whistleblowers, resulting in the creation of policies and statutes which rely heavily on whistleblowing, especially in the United States. A common assumption behind these efforts is that whistleblowing produces benefits to society at large, as it promotes a more ethical work environment. Still, little is known about many aspects of the decision to blow the whistle on a wrongful act. Particularly in...

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Rhetorical strategies of consumer activists: Reframing market offers to promote change

Daiane Scaraboto, Severino Joaquim Nunes Pereira
389-414
Abstract:

Consumer researchers have most frequently looked at the influence the marketplace has on consumers' identity projects, while the reverse process - how consumers' identity projects influence the marketplace and general culture - is an important issue that has received less attention. Aiming to contribute to the development of this literature, we conduct a qualitative netnographic investigation of the Fat Acceptance Movement, an online-based movement led by consumer-activists who attempt to...

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The role of home country political resources for Brazilian multinational companies

Karina Regina Vieira Bazuchi, Suelen Alice da Silva Zacharias, Laurent Wiliam Broering, Maria Fernanda Arreola, Rodrigo Bandeira-de-Mello
415-438
Abstract:

This paper aims to analyze the interactions between home country governments and Developing Country Multinational Companies (DMNCs). Drawing on evidence from the Brazilian political environment and Brazilian multinationals we investigate the mechanisms governments use to influence the internationalization process of domestic companies and firms' political strategic responses to shape the political institutional environment in which they operate. We argue that foreign direct investment...

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The impact of credit rating changes in Latin American stock markets

Abner de Pinho Nogueira Freitas, Andrea Maria Accioly Fonseca Minardi
439-461
Abstract:

Our objective is to examine whether a rating change or Credit Watch announcement has a significant impact on Latin American stock prices. We conducted an event study to analyze stock market reaction to such news in the four major Latin American economies: Argentina, Brazil, Chile and Mexico. We find similar results to those previously observed in the literature, wherein the impact is quite significant for rating downgrades but less relevant for rating upgrades and Credit Watches. We also...

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Multilatinas and value creation from cross-border acquisitions: An event study approach

Leon Chant Dakessian, Paulo Roberto Feldmann
462-489
Abstract:

The central proposition of this paper is to assess the performance of cross-border acquisitions made by Multilatinas. Applying the event study method to a sample of 607 announcements of acquisitions during the period 1989-2011 by 182 Multilatinas from Argentina, Brazil, Chile, Colombia, Mexico, Peru and Venezuela, we conclude that: (a) on average, these announcements have a neutral impact on the short-term returns to acquiring companies' shareholders; (b) cross-sectional analysis reveals...

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Transformational leaders and work performance: The mediating roles of identification and self-efficacy

Flávia Cavazotte, Valter Moreno, Jane Bernardo
490-512
Abstract:

In this study we investigate the connections between transformational leadership and subordinate formal and contextual performance among Brazilian employees. We also proposed and tested two mediating processes through which transformational leaders would enhance the performance of their staff: stronger follower identification with the leader and efficacy beliefs. These relations were tested with a sample of 107 managers from a multinational company that operates in the financial sector....

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