This work is twofold. On the one hand, we analyze the presence of strategic groups in four sectors (machinery and equipment, chemicals, metal products and textiles) in 14 countries in Latin America and the Caribbean. On the other hand, estimate the efficiency of companies and their countries of...

The growth in the outsourcing of services has become one of the most relevant features of the changes in manufacturing firms’ behaviour. This paper provides empirical evidence about the extent and evolution of services outsourcing by Spanish manufacturing firms in 1990-1998. A general increase...

Este trabajo realiza un análisis descriptivo de la estructura financiera de las empresas españolas en las dos últimas décadas del siglo XX (1982-1999). Partiendo de la información contenida en la Central de Balances del Banco de España, se pone de manifiesto la importancia que tiene el...

Over the last decade, Ecuador experienced inclusive growth fueled by a favorable external environment that financed a vast expansion of the public sector. The country is now facing severe external and fiscal challenges due to the significant extended fall in oil prices and the appreciation of...

This paper investigates the decision to export with a proprietary exports channel by Spanish manufacturing firms. The research focuses on the effects of organizational capabilities versus scale economies on the vertical integration decision, and postulates a system of two simultaneous equations...

This paper studies the determinants of the export activity of family SMEs, disentangling the three main dimensions that comprise the concept of familiness: power, experience, and culture. The results, using the F-PEC scale over a sample of 500 Spanish SMEs, show that this approach identifies the...

<title>Abstract</title>This paper analyses the ownership structure of foreign affiliates of Spanish firms. In contrast to previous studies on the participation degree, the paper highlights the importance of the previous decision to invest abroad. To do so, an econometric model with a limited dependent variable...

The literature of service outsourcing is mainly focused on case studies or specific service activities. However, there is no evidence about the pattern of relatedness among outsourcing of services. This paper analyses this issue by a relatedness index previously applied in the framework of...