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In spite of the wave of privatization of the 1980s and 1990s, state ownership of enterprise remains a very important part of the political economies of both developing and industrialized nations. The conventional wisdom in industrial organization states that public enterprises are inefficient; nevertheless, it says very little about the wide variation among these firms both within and across countries. This dissertation provides a new analytical framework to explain differences in behavior among state-owned enterprises. New insights are possible thanks to the use of theoretical and methodological tools from three different fields: political science, economics, and organizational sociology. State-owned enterprise behavior is conceptualized as having two elements, business efficiency and policy utilization, and it can largely be explained with only three variables: the ideology of the government's ruling coalition, the degree of competition in the business environment, and the level of cohesion of the company's managers. Subsequently, this study applies the framework to explain the puzzling variation in the behavior of the subsidiary companies of the Mexican state-owned petroleum enterprise, Petróleos Mexicanos (Pemex). Throughout the dissertation, statistical analysis and qualitative research-including over 100 in-depth interviews conducted with government and oil industry officials from Mexico, Brazil, Venezuela, and the United States-provide empirical support.
Welcome to the Internationalist Business Guides series: The key to a successful business is knowing the markets. HOW TO GET RICH DOING BUSINESS IN MEXICO: MEXICO BUSINESS GUIDE AND CONTACTS offers executives, investors, and entrepreneurs the need-to-know information about doing business in Mexico. Written as an in-depth, straightforward reference guide, this book lists key information about the Mexican market, its challenges, and opportunities. It then looks into a dozen of Mexico’s leading industries, their backgrounds, current situation, and projected course. Whether you are looking to break into international business or need to update your knowledge on Mexican markets— this comprehensive guide is for you. The Internationalist
This book is aimed at companies experienced in overseas trade which are new to doing business with Mexico. You may be an exporter looking to sell directly to Mexican customers or through an agent or distributor in that country. Alternatively, you may be planning to set up a representative office, joint venture or other form of permanent presence in Mexico. This book aims to provide a route map of the way ahead, together with signposts to sources of help.
The new edition of this comprehensive treatise and reference guide provides extensive analysis of all major areas of business law and investment in Mexico. Designed for those who are either planning to invest in Mexico or who already have an established presence, Doing Business in Mexico provides a detailed examination of all relevant legislation and practice in Mexico and closely examines key issues and potential pitfalls involved in all areas of business and investment. Recent trade liberalization has not only led to substantial increases in import and export activities in Mexico, but has also brought about major changes and added complexity to Mexico's foreign trade, tax, intellectual property, environmental and customs laws, and conflicts of law, in addition to legal certainty for capital investors within the country. Doing Business in Mexico's authors, through years of practice and scrutiny of the business, legal and regulatory environments, have learned to interpret the policy law conundrum that typically frustrates multinationals and to anticipate developments that might affect the way people do business in Mexico.