Navigating the Landscape of Transactions : Understanding Firms’ Transactional Governance Structures in Six Latin American Countries

This note summarizes findings from a new paper, which lays out a methodology to determine the types of mechanisms, be they the legal system, civil organizations, or shared business interest, that firms use when entering into agreements with their s...

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Main Author:	Francis, David C.
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2020
Subjects:	BUSINESS ENVIRONMENT LEGAL FRAMEWORK BUSINESS TRANSACTION LATENT CLASS ANALYSIS BUSINESS RELATIONSHIP CONTRACTUAL RELATION GOVERNANCE STRUCTURE B2B FOREIGN OWNERSHIP
Online Access:	http://documents.worldbank.org/curated/en/981751600057710790/Navigating-the-Landscape-of-Transactions-Understanding-Firms-Transactional-Governance-Structures-in-Six-Latin-American-Countries http://hdl.handle.net/10986/34457

id	okr-10986-34457
recordtype	oai_dc
spelling	okr-10986-344572021-05-25T09:53:59Z Navigating the Landscape of Transactions : Understanding Firms’ Transactional Governance Structures in Six Latin American Countries Francis, David C. BUSINESS ENVIRONMENT LEGAL FRAMEWORK BUSINESS TRANSACTION LATENT CLASS ANALYSIS BUSINESS RELATIONSHIP CONTRACTUAL RELATION GOVERNANCE STRUCTURE B2B FOREIGN OWNERSHIP This note summarizes findings from a new paper, which lays out a methodology to determine the types of mechanisms, be they the legal system, civil organizations, or shared business interest, that firms use when entering into agreements with their suppliers and customers. Specially, the note summarizes the data exploration technique (known as Latent Class Analysis) used in the paper and shows some basic results in terms of the attributes of each class. Four basic classes are used for dealing with suppliers (pure bilateralism, bilateralism with private support, bilateralism with legal support, and strong comprehensive) and with customers (pure bilateralism, bilateralism with private support, bilateralism with weak support, and weak comprehensive). Lastly, some basic correlations between the likelihood of class membership and firm-level characteristics are shown. 2020-09-16T18:02:56Z 2020-09-16T18:02:56Z 2019 Brief http://documents.worldbank.org/curated/en/981751600057710790/Navigating-the-Landscape-of-Transactions-Understanding-Firms-Transactional-Governance-Structures-in-Six-Latin-American-Countries http://hdl.handle.net/10986/34457 English Enterprise Note Series;No. 38 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief Latin America & Caribbean
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	BUSINESS ENVIRONMENT LEGAL FRAMEWORK BUSINESS TRANSACTION LATENT CLASS ANALYSIS BUSINESS RELATIONSHIP CONTRACTUAL RELATION GOVERNANCE STRUCTURE B2B FOREIGN OWNERSHIP
spellingShingle	BUSINESS ENVIRONMENT LEGAL FRAMEWORK BUSINESS TRANSACTION LATENT CLASS ANALYSIS BUSINESS RELATIONSHIP CONTRACTUAL RELATION GOVERNANCE STRUCTURE B2B FOREIGN OWNERSHIP Francis, David C. Navigating the Landscape of Transactions : Understanding Firms’ Transactional Governance Structures in Six Latin American Countries
geographic_facet	Latin America & Caribbean
relation	Enterprise Note Series;No. 38
description	This note summarizes findings from a new paper, which lays out a methodology to determine the types of mechanisms, be they the legal system, civil organizations, or shared business interest, that firms use when entering into agreements with their suppliers and customers. Specially, the note summarizes the data exploration technique (known as Latent Class Analysis) used in the paper and shows some basic results in terms of the attributes of each class. Four basic classes are used for dealing with suppliers (pure bilateralism, bilateralism with private support, bilateralism with legal support, and strong comprehensive) and with customers (pure bilateralism, bilateralism with private support, bilateralism with weak support, and weak comprehensive). Lastly, some basic correlations between the likelihood of class membership and firm-level characteristics are shown.
format	Brief
author	Francis, David C.
author_facet	Francis, David C.
author_sort	Francis, David C.
title	Navigating the Landscape of Transactions : Understanding Firms’ Transactional Governance Structures in Six Latin American Countries
title_short	Navigating the Landscape of Transactions : Understanding Firms’ Transactional Governance Structures in Six Latin American Countries
title_full	Navigating the Landscape of Transactions : Understanding Firms’ Transactional Governance Structures in Six Latin American Countries
title_fullStr	Navigating the Landscape of Transactions : Understanding Firms’ Transactional Governance Structures in Six Latin American Countries
title_full_unstemmed	Navigating the Landscape of Transactions : Understanding Firms’ Transactional Governance Structures in Six Latin American Countries
title_sort	navigating the landscape of transactions : understanding firms’ transactional governance structures in six latin american countries
publisher	World Bank, Washington, DC
publishDate	2020
url	http://documents.worldbank.org/curated/en/981751600057710790/Navigating-the-Landscape-of-Transactions-Understanding-Firms-Transactional-Governance-Structures-in-Six-Latin-American-Countries http://hdl.handle.net/10986/34457
_version_	1764480938765451264

Navigating the Landscape of Transactions : Understanding Firms’ Transactional Governance Structures in Six Latin American Countries

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