The emergence of the Latin American market and its growing importance attract global investors to this region with an eye on profit opportunities. This attraction demands a reliable instrument for the calculation of future stock prices of regional companies. This study examined the reliability...

The organizational literature documents the upheaval that incumbent firms, across numerous industries, often experience when they confront technological change. Much of this work is based on evidence drawn from US firms. A separate literature drawn from institutional economics shows that...

The organizational literature documents the upheaval that incumbent firms, across numerous industries, often experience when they confront technological change. Much of this work is based on evidence drawn from US firms. A separate literature drawn from institutional economics shows that...