Organising and disorganising trust: Corporate governing in Argentina

Gaggiotti, Hugo; Lucero Bringas, María de los Ángeles; Adelopo, Ismail

Abstract

The historical and conceptual evolution of the organizational meaning of governance has been used in this chapter as an axis to explain the similarities and differences of an ignored paradigmatic case: Argentina. The chapter illustrates how the economic and political context could permeate almost all interpretations of the corporate governance (CG) discourse. The chapter starts with a brief discussion of the contrast between Anglo-Saxon and Latin American interpretations of CG, moved to explain how CG poor and subjective understanding in Argentina followed the similar pattern of the country decadence in the past 30 years and how this understanding was reflected in the legislation and regulations; the conclusion is that corporate governance practices are largely non-existent and at best really, emergent. Examples are given on how multiple forces shaped Argentinean companies and corporations and how these forces have affected the meaning and implementation of corporate governing in the country. The chapter concludes that decades of entrenched organizational practices of trust and mistrust could be one of the reasons why the successful implementation of corporate governance in Argentina is still under construction.

• Online Publication Date: Jan 1, 2023
• Publication Date: Jan 1, 2023
• Deposit Date: May 8, 2023
• Publicly Available Date: Jan 2, 2025
• Publisher: Springer
• Pages: 225-246
• Book Title: Corporate Governing in Latin America
• Chapter Number: 6
• ISBN: 9783030857790; 9783030857820
• DOI: https://doi.org/10.1007/978-3-030-85780-6_6
• Keywords: Corporate governance; Latin America; Emerging markets; Corporate strategy; Regulation; Scandals; Managerial elites; Institutions
• Public URL: https://uwe-repository.worktribe.com/output/10761962
• Publisher URL: https://link.springer.com/chapter/10.1007/978-3-030-85780-6_6