This paper studies the practice of integration of influential host country actors to a multinational corporation as a strategy to decrease problems of legitimacy to the foreign firm before the host country's society. By developing the concept of obsolescing legitimacy, we argue that this...

This paper undertakes a comparative and historical analysis of the subsidiaries of a large US oil multinational to examine how each subsidiary reacted to nationalist policies by different types of political regimes, host country regime changes, and the relationship of the host country government...

The process of vertical integration by multinational corporations in the extractive sector of poor countries is not only an economic process, but also a political one affected by the host country's social and political dynamics, the relationship between host country and home country, and the...

The bargaining power of a multinational corporation negotiating with a poor country in the extractive sector can be determined by the host country's local politics, the relationships between the host country and the multinational's home country, and the power of other countries. This paper...

Alfred Chandler's recent passing is cause to review and celebrate his many contributions to business history. It also presents an opportunity to highlight links between his rich historical analyses concerning organizational and industrial innovation and contemporary management studies of the...

Between 1917 and 1938, the Mexican government wrote a series of nationalist laws affecting the operations of the foreign multinationals operating there. This nationalism reached its peak in 1938, when the Mexican government expropriated foreign assets in the oil industry. During this period, the...

The US corporations United Fruit and Standard Oil (New Jersey) have been historically considered the purest representatives of American imperialism in Latin America, generating strong nationalist feelings and hostile actions from both working classes and local elites. By studying these two...

During the 1920s and 1930s, most Latin American countries drafted nationalist legislations for the oil sector seeking to control the power of foreign multinational corporations. While most initiatives sought to limit the foreign companies' control on oil production, countries which were not...

The US multinational United Fruit Company has been considered the quintessential representative of American imperialism in Central America. Not only did the company enjoy enormous privileges in that region, but also counted on authoritarian governments in dealing with labor unrest. The...