An interaction model to explain firm performance in emerging economies: The case of the Pacific Alliance

Jorge Antonio Heredia, Juan Alejandro Flores, Maria Alejandra Barrientos

Research output: Contribution to conferenceAbstractpeer-review


This study proposes a new model that investigates the causal relationships and the interplay between industry effect, firm effect, institutional effect and firm performance, specifically studying the components of each effect for firms competing in emerging economies. Under the perspective of the Strategy Tripod, we test this new model with a Structural Equation Modeling (SEM) method for Latin American countries (Chile, Colombia, Me´xico and Peru). We found a relevant external factor that especially firms located in the Pacific Alliance face is the informal competition, this type of competition generates severe changes in the way firms resource
influence in performance.
Original languageSpanish
StatePublished - 2017
Event58 th Annual Meeting of the Academy of International Business - New Orleans, United States
Duration: 27 Jun 201630 Jun 2016
Conference number: 58


Conference58 th Annual Meeting of the Academy of International Business
Country/TerritoryUnited States
CityNew Orleans

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