The impact of the political resource factor on MNC business failure in the context of Latin America

Abstract

The goal of the current work is, to identify the ways in which the political resource factor shaped the failure of MNC subsidiaries in the context of Latin America and develop recommendations for MNCs on the political strategy that helps to avoid failures. In order to fulfil the goal, we base our work on a vast range of academic literature on political resources, business failures and international business. Within our study, we use a qualitative methodology, more precisely, case studies. Based on the generalisation and discussion of the results of the case analyses we provide recommendations for multinational companies on the use of political resources in a way to avoid failure of their subsidiaries.