Abstract
PurposeThis study aims to analyze the effect of institutional dimensions and corporate reputation (CR) on the performance of Latin American companies using a study framework built on institutional theory.Design/methodology/approachThe authors used a panel data analysis of 45 companies from the 6 biggest economies in Latin America for 5 years.FindingsThe authors found a positive effect between institutional independence and transparency perception, certifications, social norms, chief executive officer (CEO) international experience, board of directors' networks and CR with international performance (IP) and a negative effect between property rights protection and the perception of corporate social responsibility (CSR) with performance.Originality/valueThe uniqueness of this paper is based on the analysis of institutional and reputational variables on the IP of firms from emerging markets.
Subject
Strategy and Management,Public Administration,Business and International Management,General Economics, Econometrics and Finance