Purpose -The purpose of this literature review is to provide a systematic overview and analysis of the trends and methodological issues of empirical scholarship in the Latin American context. Design/methodology/approach -The publications of a 21-year period were reviewed in 45 business journals; 108 empirical studies were found that utilized a Latin American context. Findings -Country-specific and research design patterns were identified. This paper discusses how three methodological challenges -language, data collection, and response rates -have evolved in the context of Latin America over a period of two decades. Originality/value -This paper contributes to presenting Latin America as a more tractable empirical context for future qualitative and quantitative scholarship and highlights the feasibility of including this understudied region to test scholars' hypotheses in the developing world.
. (2017) 'The moderating eect of bilateral investment treaty stringency on the relationship between political instability and subsidiary ownership choice.', International business review., 26 (1). pp. 1-11.Further information on publisher's website:
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ABSTRACTWe investigate whether the degree to which a bilateral investment treaty (BIT) protects against expropriation (i.e., its "stringency") influences the international strategy of multinational enterprises (MNEs) as they invest in countries with varying levels of political instability. We draw on institutional logic and insights from political economics to hypothesize that BIT stringency will moderate the established positive relationship between host country political instability and minority ownership. Analysis of a sample of 289 foreign investments made by AEX-listed Dutch MNEs in 34 countries between 2004-2013 provides support: a more stringent BIT will encourage the MNE to choose a majority stake as political instability rises. Robustness tests provide further support for our argument. The results have both managerial and policy implications relating to the role that BIT stringency plays in determining MNE strategy.
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