Mexican multinationals: Insights from CEMEX

Emerging Multinationals in Emerging Markets

Volumn 9780521513869, Issue , 2009, Pages 280-311

  Lessard, Donald R ^a   Lucea, Rafel ^b  

^a MASSACHUSETTS INSTITUTE OF TECHNOLOGY   (United States)

^b GEORGE WASHINGTON UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84864438321     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.1017/CBO9780511576485.010     Document Type: Chapter

References (68)

1. Agmon, T. and D. Lessard (1981). “Investor Recognition of Corporate International Diversification - Reply.” Journal of Finance 36(1): 191-192.
2. Ahlstrom, D. and G. D. Bruton (2006). “Venture Capital in Emerging Economies: Networks and Institutional Change.” Entrepreneurship Theory and Practice 30(2): 299-320.
3. Akram, I., P. Roger, and D. McGoey (2004). “Global Cement Update: Mexican Wave,” Deutsche Bank, November 26, 2004.
4. Almeida, P. (1996). “Knowledge Sourcing by Foreign Multinationals: Patent Citation Analysis in the U.S. Semiconductor Industry.” Strategic Management Journal 17 (Winter Special Issue): 155-165.
5. Almeida, P. and B. Kogut (1996). “Localization of Knowledge and the Mobility of Engineers in Regional Networks.” Management Science 45(7): 905-917.
6. Amsden, A. (1989). Asia’s Next Giant: South Korea and Late Industrialization. Oxford: Oxford University Press.
7. Amsden, A. (2001). The Rise of the –Rest—: Challenge to West from Late Industrializing Economies. Oxford: Oxford University Press.
8. Arora, A., A. Fosfuri, and A. Gambardella (2001). Markets for Technology: The Economics of Innovation and Corporate Strategy. Cambridge, MA, The MIT Press.
9. Austin, M. (2004). “Global Integration the CEMEX Way,” Corporate Dealmaker, February 2004.
10. Barham, J. (2002). “An Intercontinental Mix,” Latin Finance, April 1, 2002.
11. Barkema, H. G., O. Shenkar, F. Vermeulen, and J. H.J. Bell (1997). “Working Abroad, Working with Others: How Firms Learn to Operate International Joint Ventures.” Academy of Management Journal 40(2): 426-442.
12. Barkema, H. G. and F. Vermeulen (1998). “International Expansion through Start-up or Acquisition: A Learning Perspective.” Academy of Management Journal 41(1): 7-26.
13. Barr, P., J. L. Stimpert, and A. S. Huff (1992). “Cognitive Change, Strategic Action and Organizational Renewal.” Strategic Management Journal 13 (Special Issue): 15-36.
14. Birkinshaw, J. M. and N. Hood (1998). “Multinational Subsidiary Development: Capability Evolution and Charter Change in Foreign-owned Subsidiary Companies.” Academy of Management Review 23(4): 729-754.
15. Boisot, M. and J. Child (1996). “From Fiefs to Clans and Network Capitalism: Explaining China’s Emerging Economic Order.” Administrative Science Quarterly 41(4): 600-628.
16. Buckley, P. and M. Casson (1976). The Future of the Multinational Enterprise. London, MacMillan.
17. Caves, R. (1982). Multinational Enterprises and Economic Analysis. Cambridge and New York, Cambridge University Press.
18. Chang, S.J. (1995). “International Expansion Strategy of Japanese Firms: Capability Building through Sequential Entry.” Academy of Management Journal 38(2): 383-407.
19. Chavez, F., (2006). “CEMEX Takes the High Road,” NYSE Magazine, October/November.
20. Derham, M. T. (2004). “The CEMEX Surprise,” Latin Finance, November 1.
21. Duncan, J. (1993). “CEMEX Wrings Savings from Spanish Purchases,” Reuters, March 19.
22. Dunning, J. (1977).“Trade, Location of Economic Activity and the MNE: A Search for an Eclectic Approach.” The International Allocation of Economic Activity. B. Ohlin, P. Hesselborn, and P. Wijkman (eds.). London, MacMillan: 395-418.
23. Dunning, J. H. (1998). “Location and the Multinational Enterprise: A Neglected Factor?” Journal of International Business Studies 29(1): 45-66.
24. Fratocchi, L. and U. Holm (1998). “Centers of Excellence in the International Firm.” Multinational Corporate Evolution and Subsidiary
25. Development. J. M. Birkinshaw and N. Hood (eds.). London, MacMillan: 189-212.
26. Frost, T. S., J. M. Birkinshaw, and P. C. Ensign (2002). “Centers of Excellence in Multinational Corporations.” Strategic Management Journal 23(11): 997-1018.
27. Ghemawat, P. and J. L. Matthews (1999). “The Globalization of CEMEX.” Harvard Business School Publishing, Harvard Business School Case No. 701-017.
28. Grancher, R. A. (2005). “U.S. Cement: Development of an Integrated Business.” Cement Americas, September 1.
29. Gupta, A. and V. Govindarajan (1991). “Knowledge Flows and the Structure of Control within Multinational Corporations.” Academy of Management Review 16(4): 768-792.
30. Gupta, A. and V. Govindarajan (1999). “Feedback-seeking Behavior within Multinational Corporations.” Strategic Management Journal 20(3): 205-225.
31. Hossie, L. (1990). “Remaking Mexico.” The Globe and Mail, February 7.
32. Hymer, S. (1960).“The International Operations of National Firms: A Study of Direct Investments.” Unpublished Ph.D. thesis, MIT.
33. Johanson, J. and J. E. Vahlne (1977). “Internationalization Process of Firm - Model of Knowledge Development and Increasing Foreign Market Commitments.” Journal ofInternational Business Studies 8(1): 23-32.
34. Khanna, T. and J. W. Rivkin (2001). “Estimating the Performance Effects of Business Groups in Emerging Markets.” Strategic Management Journal 22(1): 45-74.
35. Kogut, B. (1989). “A Note on Global Strategies.” Strategic Management Journal 10(4) (July-August): 383-389.
36. Kogut, B. (1993). “Foreign Direct Investment as a Sequential Process.” The Multinational Corporations in the 1980s. C. P. Kindleberger and D. Audretsch (eds.). Cambridge, MA, The MIT Press.
37. Kuemmerle, W. (1999). “The Drivers of Foreign Direct Investment into Research and Development: An Empirical Investigation.” Journal of International Business Studies 30(1): 1-24.
38. Lall, S. (1983). The New Multinationals: The Spread of Third World Enterprises. New York, John Wiley and Sons.
39. Lee, H. and D. Hoyt (2005). “CEMEX: Transforming a Basic Industry.” Harvard Business School Publishing, Stanford Graduate School of Business Case No. GS-33.
40. Lessard, D. (1982). “Multinational Diversification and Direct Foreign Investment.” Multinational Business Finance. D. K. Eiteman and A. Stonehill (eds.). Reading, MA, Addison Wesley.
41. Lessard, D. R. and R. Lucea (2007). “Embracing Risk as a Core Competence: The Case of CEMEX.” Unpublished working paper, MIT Sloan School.
42. Lessard, D.R. and C. Reavis (2007). “Globalization the CEMEX Way.” MIT Sloan Courseware 07-039.
43. Luo, Y. D. (2003). “Industrial Dynamics and Managerial Networking in an Emerging Market: The Case of China.” Strategic Management Journal 24(13): 1315-1327.
44. March, J. G. (1991). “Exploration and Exploitation in Organizational Learning.” Organization Science 2(1)(February): 71-87.
45. Marquis, C. (2003). “The Pressure of the Past: Network Imprinting in Intercorporate Communities.” Administrative Science Quarterly 48: 655-689.
46. Narayanan, V. K. and L. Fahey (2005). “The Relevance of the Institutional Underpinnings of Porter’s Five Forces Framework to Emerging Economies: An Epistemological Analysis.” Journal of Management Studies 42(1): 207-223.
47. Neue Zurcher Zeitung (1989). “Holderbank of Switzerland Announces Major Investment Plans.” October 13, 1989.
48. Nobel, R. and J. M. Birkinshaw (1998). “Patterns of Control and Communication in International Research and Development Units.” Strategic Management Journal 19(5): 479-498.
49. Nonaka, I. (1988). “Toward Middle-Up-Down Management: Accelerating Information Creation.” Sloan Management Review, Spring 1988.
50. Penrose, E. T. (1995). The Theory of the Growth of the Firm. Oxford: Oxford University Press.
51. Podolny, J. and J. Roberts (1999). “CEMEX S.A. de C.V.: Global Competition in a Local Business.” Harvard Business School Publishing, Stanford Graduate School of Business Case No. S-IB-17.
52. Prokopy, S. (2006). “Merging the CEMEX Way.” Concrete Products, May 1, 2006.
53. Rugman, A. (1981). Inside the Multinationals. New York, Columbia University Press.
54. Rugman, A. and T. L. Brewer (eds.) (2001). The Oxford Handbook of International Business. New York, Oxford University Press.
55. Siegel, J. (forthcoming). “Is There a Better Commitment Mechanism than Cross-Listings for Emerging Economy Firms? Evidence from Mexico.” Journal of International Business Studies.
56. Spulber, D. F. (2007). Global Competitive Strategy. Cambridge, Cambridge University Press.
57. Stinchcombe, A. L. (1965). “Social Structure and Organizations.” Handbook of Organizations. J. G. March (ed.). Chicago, Rand-McNally: 142-193.
58. Swaminathan, A. (1996). “Environmental Conditions at Founding and Organizational Mortality: A Trial-by-fire Model.” Academy of Management Journal 39: 1350-1377.
59. Szulanski, G. (1996). “Exploring Internal Stickiness: Impediments to the Transfer of Best Practices Within the Firm.” Strategic Management Journal 17 (Special Issue): 27-44.
60. Tripsas, M. and G. Gavetti (2000). “Capabilities, Cognition and Inertia: Evidence from Digital Imaging.” Strategic Management Journal 21 (10-11): 1147-1161.
61. Vermeulen, F. and H. Barkema (2001). “Learning through Acquisitions.” Academy of Management Journal 44(3): 457-476.
62. Vernon, R. (1966). “International Investment and International Trade in the Product Cycle.” Quarterly Journal of Economics 80: 90-207.
63. Vernon, R. (1971). Sovereignty at Bay, the Multinational Spread of U.S. Enterprises. New York, Basic Books, Inc.
64. Wells, L. (1983). Third World Multinationals. Cambridge, MA, The MIT Press.
65. Whitaker, J. and R. Catalano (2001). “Growth Across Borders.” Corporate Strategy Board, October 2001.
66. Yiu, D.W., C. M. Lau, and G. D. Bruton (2007). “International Venturing by Emerging Economy Firms: The Effects of Firm Capabilities, Home Country Networks, and Corporate Entrepreneurship.” Journal of International Business Studies 38(4): 519-540.
67. Zaheer, S. (1995). “Overcoming the Liability of Foreignness.” Academy of Management Journal 38(2): 341-363.
68. Zaheer, S. and E. Mosakowski (1997). “The Dynamics of the Liability of Foreignness: A Global Study of Survival in Financial Services.” Strategic Management Journal 18(6): 439-463.