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Corrupcion Y Concentracion Del Ingreso: Su Impacto En Las Empresas Latinoamericanas

Author

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  • JAIME ORTIZ ARIZABALO

    (Division of International Programs y College of Business Administration, Texas A&M International University)

Abstract

Corruption and income inequality have developed into a threat throughout Latin America. Their expansion generates a sense of urgency to confront the problem. Both perversely influence business decisions despite inherently sound macroeconomic reforms. Empirical evidence for twenty Latin American countries confirms a relationship between a set of political and economic variables to explain business performance. The analysis provides support that mainly corruption, rather than income inequality, adversely affects business performance. However, when taken together, both corruption and income disparities exacerbate their negative effects. Business executives must take a stance to demand minimum levels of transparency and equity.

Suggested Citation

  • Jaime Ortiz Arizabalo, 2007. "Corrupcion Y Concentracion Del Ingreso: Su Impacto En Las Empresas Latinoamericanas," Abante, Escuela de Administracion. Pontificia Universidad Católica de Chile., vol. 10(2), pages 127-150.
    • Handle: RePEc:pch:abante:v:10:y:2007:i:2:p:127-150
    as

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    File URL: http://www.abante.cl/files/ABT/Contenidos/Vol-10-N2/Ortiz.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Corruption; Income distribution; Emerging markets; Latin America;
    All these keywords.

    JEL classification:

    • H80 - Public Economics - - Miscellaneous Issues - - - General
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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