Foreign Companies during the Phase of State-Led Industrialization: Organizational Structure and Entry Strategies, Argentina 1944-1972
DOI:
https://doi.org/10.21678/apuntes.75.717Keywords:
Argentina, foreign companies, foreign investment, direct investment, multinational enterprisesAbstract
This article analyzes the local and global factors that shaped direct foreign investment in Argentina. Using information provided by a new database on foreign companies in Argentina (BDEEA-FCAD), an analysis is carried out of the changes in organizational structures and entry strategies of the 100 largest foreign multinationals during the period of state-led industrialization when these companies were attracted by the expansion in industrial demand within a protected economy. The central argument of this article is that Argentina was a host economy that was very open to foreign direct investment (FDI) during the period of state-led industrialization when foreign firms increased their holdings through the acquisition of Argentine companies, the creation of joint ventures, and participation in local companies.
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