Programa BALAS 2013
Transcripción
Programa BALAS 2013
Venue: Swissotel Lima Hosted by Balas 2014 Call for Papers Local Responses to Global Challenges: Lessons from smaller economies April 9-12, 2014 – North West, Mt. Hope, Trinidad and Tobago Hyatt Regency Hotel, Port of Spain Hosted by Arthur Lok Jack Graduate School of Business, University of West Indies Whether you are an advocate of globalization, semi-globalization or localization, the reality in business is that dynamic and unpredictable market forces, fast paced technological developments, social movements, and climate change do have a profound impact in the strategy and the organization of your business. What are the most significant Global Challenges for Business? What opportunities these Global Challenges present to the LATAM and Caribbean Region? How companies in the region have been able to embrace the chaos, uncertainty and ambiguity of markets and technologies for their own advantage? How companies read, understand, and develop foresight using their operating atmosphere and other contexts as sources of inspiration? These are pressing questions our academic community has must tackle. One of the most important aspects of the conference is to explore, compare and contrast how the local responses to global challenges change relative to the size and resource base of a country or regional economy. Papers in all areas of business and economics are invited. We especially invite those that explore the challenges of size and resources for economic growth and the role that business, governments and NGOs play in addressing these challenges. 2014 THEME TRACKS • Size Matters: The Effects of Globalization on Small Economies • The Role of the State and State Owned Enterprises in the development of business GENERAL LATIN AMERICAN BUSINESS TRACKS • Accounting, Taxation, and Management Information and Control Systems • Consumer Behavior • Corporate Finance • Culture, Social, and Ethical Issues • Economic Environment and Regional Integration • Entrepreneurship • Financial Markets, Investment and Risk • Human Resource Management • Information Technology Management • Management Education and Teaching Cases • Marketing Management • Strategies for Global Competitiveness • Supply-Chain and Operations Management Paper Submission Deadline 1 November 2013 More information at balas.org or by email at [email protected] Contents 2 President’s Welcome 3 Host School Welcome by the President 4 Program Chair’s Welcome 5 BALAS Executive Committee 2013 6 BALAS 2013 Institutional Members 7 Track Chairs List 8 Reviewers List 9 Conference Schedule Overview 12 Conference Schedule 13 Author Index 21 Hotel Floor Map 23 Sponsors’ Recognition 24 Annual Conference BALAS 2013 President’s Welcome Dear BALAS Conference Attendees, Welcome to Lima and to the 2013 BALAS Conference! Your ESAN hosts—Jorge Talavera, Nancy Matos and Mariella Olivos—have worked diligently to organize a timely, interesting and engaging conference around the theme of free markets and social inclusion. As I step down from my two-year tenure as BALAS president, I can only say it has been an honor and a privilege to have served in that capacity. When I assumed office I formulated one bold goal: to increase the visibility, credibility, prestige and impact of BALAS among its constituencies. Happily, we have been able to achieve that. Membership—both individual and institutional—is strong, as is our financial position. BALAS continues a “special issue” publications relationship with the Journal of Business Research and with Academia, we will be shortly launching a Working Paper Series thanks to former BALAS president Robert Grosse, and we have successfully re-engaged a number of BALAS stalwarts from years past and designated them as “BALAS Fellows” outstanding scholars in the field, beginning with six last year. Whatever positive contribution I have made as president can only be attributed to the collaboration, collegiality, commitment, and creativity of an outstanding executive committee and an equally outstanding executive director, Victoria Jones, who has toiled long, hard, and passionately to make BALAS what it is today. Incoming president Luis Sanz of INCAE is a true gentleman and a scholar who knows BALAS well. Under his tenure, BALAS will surely ascend to even greater heights. In the meantime, we are happy you are here to partake of the conference and savor Peru’s rich culture and unsurpassed cuisine. Far too many conferences are scholarly but not fun---BALAS strives to achieve both….and we do! So learn, share, network, and enjoy! Jerry Haar BALAS President Free markets and Social Inclusion: Towards a common goal 3 Host School Welcome by the President Dear BALAS participant, We offer you our warmest welcome to Lima-Peru and the 2013 Annual Conference of the Business Association of Latin American Studies. Esan University was founded in 1963 under the auspices of the governments of Peru and the United States that entrusted its start up to Stanford University. ESAN University was the First Graduate School of Business in Latin America and currently offers high quality Programs in Business, MBA, Bachelor Degrees, through the School of Management and Economics, the School of Engineering and the School of Law and Social Sciences and programs in Executive Education. Our institution is high oriented to research in Management Sciences and this occasion hosting the BALAS Conference is a reaffirmation of our commitment with the advance of the education and research in management that will support and will improve the best practices and innovation in our region. Thanks to all the academicians and contributors who are presenting their papers. As President of ESAN University I would like to express again my gratitude to all of you for coming to the BALAS 2013 Conference we are honored to host this renowned conference. Best wishes and enjoy the attractions of our country! Jorge Talavera President, ESAN University 4 Annual Conference BALAS 2013 Program Chair’s Welcome Dear BALAS participants, On behalf of ESAN University we are proud to be your hosts in the context of our 50th Anniversary celebration; and have assumed the responsibility of organizing BALAS 2013 Annual Conference. One of the themes of our conference is “Free Markets and Social Inclusion: Towards a common goal” that reflects the Economic model of development that our country has successfully achieved in these years. The other theme is “Asia Pacific with Latin America”. I would like to express my gratitude to the Track chairs and Reviewers who have contributed their time and expertise for the development and success of the BALAS Annual Conference. We must also thank our Key Speakers at the plenary “Asia Pacific with Latin America” Juan Carlos Capuñay – Director of APEC and specialized forums in TLC; Alfredo Ferrero Diez Canseco – Former Minister of External Trade and Tourism; Pablo de la Flor- Former Peruvian Vice Minister of International Trade and our team that dedicated time and were responsible for the logistics and infrastructure of the conference. Once again welcome to BALAS 2013 in Lima-Peru. We are convinced that you will benefit from attending this year’s Annual Conference and we are delighted to share our beautiful country with you. Sincerely, Nancy Matos, BALAS 2013 Program Chair Free markets and Social Inclusion: Towards a common goal 5 BALAS Executive Committee 2013 President – Jerry Haar, FIU Immediate Past-President/Awards – Esteban R. Brenes, INCAE VP of Membership/Nominations and President-Elect – Luis Sanz, INCAE Central America & Caribbean – Miguel Carrillo, Arthur Lok Jack Brazil – Jorge Carneiro, PUC - Rio US/Canada – Stephen Salter - UTEP Northern South America – Maria Helena Jean, IESA Europe - Xavier Mendoza, ESADE Mexico - María Merino, ITAM Southern South America – Carlos Alsua, UAI Treasurer – Sergio Olavarrieta, USACH Executive Secretary –Victoria Jones, Seattle University 2013 Program Chairs – Jorge Talavera and Nancy Matos, ESAN 6 Annual Conference BALAS 2013 BALAS 2013 Institutional Members Arthur Lok Jack Graduate School Boler School of Business - John Carroll University Bringham Young University CENTRUM - Pontificia Universidad Catolica del Peru CESA COPPEAD EGADE - ITESM Campus Monterey ESADE ESAN ESPAE ESPOL Florida International University IDE Centro De Transferencia Y Desarrollo De Tecnología IESA INCAE INSPER ITAM Northeastern University ORT PUC Rio Seattle University UAI Univ. Sergio Arboleda Universidad CNCI de Mexico Universidad de Chile Universidad De La Salle, Buitra Universidad De Las Americas Puebla Universidad Del Norte Universidad San Francisco de Quito University of Puerto Rico University of San Diego University of Texas at San Antonio UTEP Free markets and Social Inclusion: Towards a common goal 7 Track Chair’s List Track 8 Track Chair Free Markets and Social Inclusion (2013 theme track) Kety Jauregui, ESAN Accounting, Taxation, and Management Information and Control Systems Stephen Salter, UT El Paso and Ervin Black, BYU Consumer Behavior Jose Mauro Hernandez, Centro Universitario da FEI Corporate Finance Rafael Schiozer, FGV Culture, Social, and Ethical Issues Chris Robertson, NEU Economic Environment and Regional Integration Robert Grosse, George Mason University Entrepreneurship John Sargent, UT Pan American Financial Markets, Investment and Risk Urbi Garay, IESA Human Resource Management Carlos Alsua, UAI Information Technology Management Jose Robles. ESAN Management Education and Teaching Cases Jorge Alfonso Gonzales, ITESM Marketing Management Sergio Olivarietta, Universidad de Chile Strategies for Global Competitiveness Xavier Mendoza, ESADE Supply-Chain and Operations Management Henrique Correa, Rollins College Annual Conference BALAS 2013 Reviewers List Name Alexandre Pignanelli Alexandre Di Miceli da Silveira Ali Kazeminia Ana Maria Majano Andre Carvalhal Andrea Maria Accioly Fonseca Minardi Angela da Rocha Aristides Alfredo Vara-Horna Arnoldo J. Rodriguez Bento Alves Costa Carlos Alsua Carlos Correa Carlos Z. Jaramillo Carlos Alberto Rodriguez Maillard Carmen Leonor Martinez-Lopez Chris Robertson Chris Skousen Claudio Bonilla Constanza Bianchi Dane Blevins Dario Moreira Pinto Junior Denise Silva Ferreira Juvenal Diego Carlos Cueto Edgardo Bravo Edmundo Lizarzaburu Eduardo Basso Junior Eduardo Kazuo Kayo Eduardo Pablo Eliana Mariela Werbin Elizabeth Robles Enrique Louffat Erich Brockmann Ervin Black Esteban Brenes Evandro Luiz Lopes Fabrizio Noboa Flávio Régio Brambilla Flávio Bressan Gary Braun Getulio Akabane Institutional Affiliation EAESP/FGV University of Sao Paulo ESADE Business School INCAE Business School Pontifical Catholic University of Rio de Janeiro Insper Instituto de Ensino e Pesquisa Pontifical Catholic University of Rio de Janeiro Universidad de San Martín de Porres Webster University Falcudades Alves Faria Universidad Adolfo Ibáñez FDC IESA / Department of Finance EGADE City University of New York/BMCC Northeastern University Utah State University/School of Accountancy University of Chile Queensland University of Technology University of Texas at Dallas UNIVERSITY CENTER OF BARRA MANSA - UBM Prefeitura da Cidade do Rio de Janeiro Universidad ESAN Universidad ESAN Universidade Luterana do Brasil - Porto Alegre Unviersity of Sao Paulo Tulane University / IESA Economics Faculty - National University od Cordoba University of Puerto Rico/Department of Management Universidad Esan University of New Orleans Brigham Young University INCAE/Catedra Steve Aronson de Estrategia y Agronegocios Universidade Nove de Julho Universidad San Francisco de Quito Universidade de Santa Cruz do Sul (UNISC) & Universidade Luterana do Brasil (ULBRA) Pontificia Universidade Católica de Campinas PUC-Campinas U of Texas at El Paso Anhanguera Educacional Free markets and Social Inclusion: Towards a common goal 9 Name Gina Maria Pipoli Giorgio Gotti Gyorgy Varga Irineu Gianesi Jacobo Ramirez Jairo Laser Procianoy Jan Brinckmann Jeri Rubin Jerry Haar Jessie Olien Joao Turrioni John Sargent Jorge Andres Rodriguez Rodriguez Jorge Ayala Jorge Alfonso González Jorge Guillen Jose Luis Ruiz Jose Afonso Mazzon Jose Mauro C. Hernandez Judith Cavazos Lelis Balestrin Espartel Lilian Cristina Schreiner Lourdes Susaeta Lucas Barros Lucien Jacques Geargeoura Luis Andrés Araya Castillo Luis Felipe Scavarda Luiz Brito Luiz Di Serio Marcos Primo Marcus Vinicius Braga Alves Margarete Kalinowski Maria Melina Segura Marta Olívia Rovedder de Oliveira Martha Corrales Martin Ernesto Quadro Mauro José Oliveira Maximiliano González Michael Abebe Michael J. Pisani Miguel Ramos 10 Institutional Affiliation UNIVERSIDAD DEL PACIFICO University of Texas at El Paso FCE/Brasil Insper Copenhagen Business School CBS Escola de Administração/Universidade Federal do Rio Grande do Sul/Departamento de Finanças ESADE Business School, Ramon Llull University University of Alaska Anchorage FIU College of Business, Mgmt & International Business University of North Carolina, Charlotte UF Itajuba UTPA ESADE Business School-Ramon Llull University-Operations management and Innovation University of Puerto Rico ITESM ESAN Universidad de Chile PPGA/FEA/USP Centro Universitário da FEI UPAEP PUCRS USP IESE Business School University of Sao Paulo FAGEN / Universidade Federal de Uberlândia Department of Administration, University of Chile PUC/Rio EAESP/FGV EAESP/FGV UFPE Marquette University ESADE Business School INCAE/Catedra Steve Aronson de Estrategia y Agronegocios Escola de Administração/Universidade Federal do Rio Grande do Sul/Departamento de Marketing EGADE Business School Economics Faculty - National University of Cordoba (Argentina) Centro Universitário da FEI Uniandes The University of Texas-Pan American Central Michigan University The University of Texas at El Paso Annual Conference BALAS 2013 Name Mohammed Anower Hossain Norma Ortiz Pablo Farias Paulo Cauchick Miguel Paulo Henrique Prado Pedro Parada Peter Wanke Rafael F. Schiozer Raquel de Freitas Oliveira Ricardo Fernando Paiz Ricardo Ratner Rochman Roberto Martins Ronald Freeze Sergio Olavarrieta Sergio Roberto da Silva Sibin Wu Tania Modesto Veludo de Oliveira Theodoro Agostinho Peters filho Tugba Kalafatoglu Urbi Alain Garay Vagner Cavenaghi Victoria Jones Vinicio Souza Almeida Washington Luiz Pereira Soares William Eid Junior Xavier Mendoza Institutional Affiliation University of Applied Sciences and Arts Dortmund IESA / Department of Finance University of Chile UFSC Federal University of Parana ESADE Business School, Ramon Llull University COPPEAD/UFRJ Fundacao Getulio Vargas / Business School (Sao Paulo, Brazil) Central Bank of Brazil Universidad del Valle de Guatemala FGV-EESP UFSCar Emporia State University Universidad de Chile FGV-EAESP-Fundacao Getulio Vargas-SP-BRASIL University of Texas-Pan American EAESP-FGV FEI University/B.A. Department ESADE Business Scholl IESA FEB/UNESP Seattle University UFRN/PPGA UNISANTA - UNIVERSIDADE SANTA CECÍLIA FGV/EAESP ESADE Business School / Ramon Llull University / Strategy and General Management Free markets and Social Inclusion: Towards a common goal 11 Conference Schedule Overview Registration opens at 9 a.m. 8:30am Swissotel Foyer 10 a.m. 11 a.m. 12 m. 2 p.m. 3 p.m. 4 p.m. Inka I 11:00a - 12:30p Consumer Behavior 2:00p - 3:30p Accounting, Taxation, and Management Information and Control Systems 3:45p - 5:00p Panel Strategy and Agribusiness Inka II 11:00a - 12:30p Culture, Social, and Ethical Issues 2:00p - 3:30p Free Markets and Social Inclusion 3:45p - 5:00p Panel - Meet the Editors Inka III 11:00a - 12:30p Financial Markets, Investment and Risk - fund flows 2:00p - 3:30p Marketing Management 3:45p - 5:00p Panel - Entrepreneurship Education Paracas Ballroom 9:00a - 10:30a Welcome Session 5 p.m. 6 p.m. 9:00a - 10:30a Financial Inka I Markets, Investment and Risk I 6:30p - 8:00p Welcome Cocktail 7:30p - 9:00p Sub-group Meeting - Institutional Representatives 12:30p - 2:00p Lunch Thursday March 21, 2013 10:30a - 11:00a Coffee Break 9:00a - 10:30a Human Inka II Resource Management I 9:00a - 10:30a Management Inka III Education and Teaching Cases II Paracas Ballroom Hotel Foyer Inka I 9:00a - 10:30a Entrepreneurship - international 9:00a - 10:30a Information Inka III Technology Management Inka II Paracas Ballroom 12 11:00a - 12:30p Plenary 10:30a - 11:00a Coffee Break 8 p.m. 5:15p - 6:30p Panel-”Developing effective Models to raising funds for Universities in LA” 5:15p - 6:30p Panel - International Partnerships for Business Education Restaurant Hotel Foyer 7 p.m. Wednesday March 20, 2013 10:30a -11:00a Coffee Break Hotel Foyer 1 p.m. 2:00p - 3:30p Corporate Finance I 3:45p - 5:00p Panel - Academy of International Business 5:15p - 6:30p Panel - Entrepreneurship 2:00p - 3:30p Entrepreneurship 3:45p - 5:00p Panel - Mergers and acquisitions in Latin America: Bridging cultures and setting trends” 5:15p - 6:30p Panel - Service Internationalization 2:00p - 3:30p Strategies for Global Competitiveness 3:45p - 5:00p Panel - Small Economies, Big Opportunities 12:30p - 2:00p Lunch Friday March 22, 2013 7:30p - 9:00p Celebration Dinner 11:00a - 12:30p Financial Markets, Investment and Risk II 11:00a - 12:30p Management Education and Teaching Cases I 11:00a - 12:30p Human Resource Management II 1:30p - 2:30p 12:30p - 1:30p Annual Lunch Membershp Meeting Annual Conference BALAS 2013 Conference Schedule Wednesday, March 20, 2013 9:00am 10105 9:00 am to 10:30 am Paracas Ballroom Welcome Session 10:30am 10201 10:30 am to 11:00 am Hotel Foyer COFFEE BREAK 11:00am 10302 11:00 am to 12:30 pm Inka I CONSUMER BEHAVIOR Track: Consumer Behavior “A Customer Satisfaction-Based Strategic Planning Method for Tourism Companies: Coping with Different Levels of Customer Loyalty.” Carlos Mello Moyano, UNISC - Universidade de Santa Cruz do Sul; Jorge Lengler; Carlos Alberto Callegaro, IUMA - Instituto Universal de Marketing em Agronegócio; Vanderlei Becker Ribeiro, UNISC - Universidade de Santa Cruz do Sul “Newspapers in the Digital Age: Antecedent Factors of Information Media Use.” Roberto Nogueira, Coppead/UFRJ; Paula Chimenti, Coppead/UFRJ; Jose Afonso Mazzon, PPGA/FEA/USP; Bianca Carvalho da Silva, Coppead/UFRJ; Luiz Felipe Hupsel Vaz, Coppead/UFRJ; Marco Aurélio de Souza Rodrigues, Coppead/UFRJ “Why Should I Accept Ads on my Mobile Phone? Factors Affecting Acceptance by BrazilianTeenagers.” Marcel Correia Lima, Pontifical Catholic University of Rio de Janeiro; Luis Fernando Hor-Meyll, Pontifical Catholic University of Rio de Janeiro; Jorge Brantes Ferreira, Pontifical Catholic University of Rio de Janeiro 10303 11:00 am to 12:30 pm Inka II CULTURE, SOCIAL, AND ETHICAL ISSUES Track: Culture, Social, and Ethical Issues “Concern for Mother Nature. A women´s issue?” Nancy Matos, ESAN; Silvia González, ITESM, Mexico “Doing good in a macho world: critical perspectives on the gendered dimension of organizational responsibility.” Pilar Acosta, ESCP Europe; Mar Perezts, EM Lyon Business School “Leadership in Latin America: Insights into Complexities across Societies.” Nathalie Castano, Wayne State University; Mary Sully de Luque; Tara Wernsing, IE Business School; Enrique Ogliastri, INCAE; Rachel Gabel, Universidad del Pacífico; Jose Antonio Robles-Flores, Universidad ESAN; ROSA MARÍA FUCHS, UNIVERSIDAD DEL PACÍFICO 10304 11:00 am to 12:30 pm Inka III FINANCIAL MARKETS, INVESTMENT AND RISK - FUND FLOWS Track: Financial Markets, Investment and Risk “Fund flows and performance in Brazil.” Luis Berggrun, Universidad Icesi; Edmundo Lizarzaburu “Mutual Fund Flow and Past Information: Is the Brazilian Investor Smart?” Gyorgy Varga, FCE/Brasil Free markets and Social Inclusion: Towards a common goal 13 12:30pm 10405 12:30 pm to 2:00 pm Paracas 2 LUNCH 2:00pm 10502 2:00 pm to 3:30 pm Inka I ACCOUNTING, TAXATION, AND MANAGEMENT INFORMATION AND CONTROL SYSTEMS Track: Accounting, Taxation, and Management Information and Control Systems “Grupo Maseca Risk Assessment and Risk Management.” Arnoldo J Rodriguez, Webster University; Brad Scott, Webster University; David Porras, Webster University “The Stock Market’s Reaction to Accounting Information: The Case of the Latin American Integrated Market.” Mauricio Melgarejo, INCAE Business School; Eduardo Montiel, INCAE Business School; Luis Javier Sanz Campos, INCAE Business School “The relationship between the level of maturity of the Strategic Purchasing Model and performance: An empirical study of Chilean organizations.” Ricardo Úbeda Sales, Universidad Adolfo Ibáñez; Carlos Alsua, Universidad Adolfo Ibáñez 10503 2:00 pm to 3:30 pm Inka II FREE MARKETS AND SOCIAL INCLUSION Track: Free Markets and Social Inclusion “Innovations in Organizing Networks of Family Farmers in Brazil.” ZILMA BORGES SOUZA, Fundação Getulio Vargas; LUCIEL HENRIQUE DE OLIVEIRA, FGV/EAESP- Escola de Administração de Empresas de São Paulo “Public spaces and their effect on social cohesion: Public policy experience in Mexico.” Delfino Vargas, UNAM; Maria Merino, ITAM “Carbon Footprint Across the Coffee Value Chain: The Case of Costa Rican Coffee.” David Felipe Navichoc, CIMS-INCAE Business School; Bernard Kilian, INCAE Business School; Lloyd Rivera, CIMS-INCAE Business School 10504 2:00 pm to 3:30 pm Inka III MARKETING MANAGEMENT Track: Marketing Management “How does proximity affect marketing cooperation? A study of agribusiness clusters in a Latin-American emerging economy.” Cristian Geldes, Universidad de La Serena; Christian Felzensztein, Universidad Adolfo Ibañez; Ekaterina Turkina, HEC Montreal, Canada; Aurelia Durand, HEC Montreal, Canada “Marketing and Sales organization in a “Brand-Focused Professional” multinational.” Teresa Cometto, Facultad de Administración y Ciencias Sociales, Universidad ORT Uruguay; Gaston J. Labadie, Facultad de Administracion y Ciencias Sociales/Universidad ORT Uruguay; Miguel Palacios, Executive Education ESCP Europe “Trust Formation in Online Services in Latin America: The Effect of Reputation and Familiarity, and the Moderating Role of Experience and Internet Penetration.” Eduardo Torres, Universidad de Chile; Cristobal Barra; Sergio Olavarrieta, Universidad de Chile 14 Annual Conference BALAS 2013 3:45pm 10602 10603 3:45 pm to 5:00 pm PANEL - STRATEGY AND AGRIBUSINESS 3:45 pm to 5:00 pm PANEL - MEET THE EDITORS Inka I Inka II 10604 3:45 pm to 5:00 pm Inka III PANEL - ENTREPRENEURSHIP EDUCATION Track: Panel Entrepreneurship Education and CLADEA Entrepreneurship Network Educational experience in Entrepreneurship Alejandro Lagunes, ITESM Puebla, Mexico and Armando Borda, Universidad ESAN Lima, Peru Tecnologico de Monterrey was founded in 1943. The educational model that was used during its first 35 years always intended to generate the required personnel by the established industries. However, because of the difficult economy that the country was facing during that time, this model would give a major turn in 1978 when the Entrepreneur Program was created. From this program several projects spawned to support entrepreneurship, such as: Academic Programs, Business Incubators and Accelerators, Technology Parks, Centers of enterprising families, among others, resulting in the consolidation of the Entrepreneurship environment at ITESM in 2008. CLADEA Latin American Entrepreneurship Network (Red Latinoamericana de Emprendimiento) The Network was launched in November 2009 in Guayaquil, Ecuador during Cladea Annual meeting. It was created to meet the needs of entrepreneurs under structured and systematic knowledge conditions. The primary objective of the network is to promote entrepreneurship and continuous innovation among students, alumni, researchers, professors and professionals from Latin American institutions, this is achieved through multilateral cooperative actions in order to shape a network of international entrepreneurs. To date, CLADEA Latin American Network of Entrepreneurship has 24 member institutions and along with its members it is developing 6 lines of new investigations related to the entrepreneurship subject. BALAS attendees are invited to know about CLADEA Latin American Entrepreneurship Network new projects. ESAN was founded as a graduate school of business in 1963 and as University in 2003. While traditionally the focus of the university was the training and education of highly qualified professionals to manage established companies, recently we have developed several initiatives to encourage our students, at both undergraduate and graduate levels, to pursue their own ideas and become high impact entrepreneurs. As part of these initiatives, we aim to generate an environment that not only facilitates the creation of new businesses but also strengths the capabilities of the ventures recently created. Current experience will be shared. 5:15pm 10702 5:15 pm to 6:30 pm PANEL “Developing effective Models to raising funds for Universities in LA” Ajay Vinze, Ph.D. Associate Dean International Programs Arizona State University | W. P. Carey School of Business Inka I 10703 5:15 pm to 6:30 pm Inka II PANEL - INTERNATIONAL PARTNERSHIPS FOR BUSINESS EDUCATION Free markets and Social Inclusion: Towards a common goal 15 6:30pm 10805 6:30 pm to 8:00 pm Hotel Foyer WELCOME COCKTAIL 7:30pm 10906 7:30 pm to 9:00 pm hotel lobby with invitation SUB-GROUP MEETING - INSTITUTIONAL REPRESENTATIVES Thursday, March 21, 2013 9:00am 20102 9:00 am to 10:30 am Inka I FINANCIAL MARKETS, INVESTMENT AND RISK I Track: Financial Markets, Investment and Risk “Innovative Approaches for Financing Public-Private Partnerships in Latin America: Best Practices.” Sergio Rafael Bravo Orellana, Universidad ESAN/Instituto de Regulación y Finanzas “The impact of political risk on the sovereign spread: The case of Latin America and the Euro Zone.” Norma Ortiz, IESA / Department of Finance; Carlos Z Jaramillo, IESA / Department of Finance “Will I be paid after a Loss? Evaluating Conventional Versus Index Insurance Contracts in Ecuadorean Agriculture.” María José Castillo, Escuela Superior Politécnica del Litoral - ESPAE Graduate School of Management; Stephen Boucher, University of California - Agricultural and Resource Economics Department; Michael R. Carter, University of California - Agricultural and Resource Economics Department 20103 9:00 am to 10:30 am Inka II HUMAN RESOURCE MANAGEMENT I Track: Human Resource Management “Dispositional and Situational Differences in Motives to Engage in Organizational Citizenship Behaviors.” Felipe Guzmán, Universidad Adolfo Ibáñez/Centro de Innovación Emprendimiento y Tecnología; Alvaro Espejo, Universidad Adolfo Ibáñez / Escuela de Negocios “Impact of intimate partner violence against women in presenteeism and absenteeism in LimaPeru: estimated cost based on wages.” Aristides Alfredo Vara-Horna, Universidad de San Martín de Porres “Variables that would influence on customer oriented management and salespeople performance.” leslier maureen valenzuela, universidad de Chile/ Facultad de Economía y Negocios/ Departamento de Administración; pedro ignacio leiva, Universidad de Chile/Facultad de Economía y Negocios/ Departamento de Administración 20104 9:00 am to 10:30 am Inka III MANAGEMENT EDUCATION AND TEACHING CASES II Track: Management Education and Teaching Cases “Florida Ice & Farm: Sustainability Champion from an Emerging Economy.” John C. Ickis, INCAE Business School; Andrea María Prado, INCAE Business School; Ximena García-Rada, INCAE Business School “Quetsol: Energy and Development.” Felipe Perez Pineda, INCAE Business School; Ana Maria Majano, INCAE Business School; Pablo Roberto Blanco, CLACDS, INCAE Business School 16 Annual Conference BALAS 2013 “Super Selectos: Winning the war against multinationals?” Esteban Brenes, INCAE/Catedra Steve Aronson de Estrategia y Agronegocios; Daniel Montoya, INCAE/Catedra Steve Aronson de Estrategia y Agronegocios “The Expropriation of Repsol-YPF.” Pin Ramón José, IESE Business School; Enrique Rodriguez Fernandez-Hidalgo, IESE Business School; Rodrigo Costamagna, IESE Business School; Lourdes Susaeta, IESE Business School 10:30am 20201 10:30 am to 11:00 am Hotel Foyer COFFEE BREAK 11:00am 20305 11:00 am to 12:30 pm Paracas Ballroom PLENARY “Asia Pacific with Latin America” Juan Carlos Capuñay – Director of APEC and specialized forums in TLC Alfredo Ferrero Diez Canseco – Former Minister of External Trade and Tourism Pablo de la Flor - Former Peruvian Vice Minister of International Trade 12:30pm 20405 12:30 pm to 2:00 pm Paracas 2 LUNCH 2:00pm 20502 2:00 pm to 3:30 pm Inka I CORPORATE FINANCE Track: Corporate Finance “An investigation of the partial adjustment effect of Brazilian IPOs.” Rafael Plantier Castanho, Insper Instituto de Ensino e Pesquisa; Andrea Maria Accioly Fonseca Minardi, Insper Instituto de Ensino e Pesquisa; Rodrigo Menon Simões Moita, Insper Instituto de Ensino e Pesquisa “Private valuation of compensation stock options.” Diego Carlos Cueto, Universidad ESAN “Cultural Distance and its Effect on Cross-Border Entry Mode: Latin American Evidence.” Eduardo Pablo, Tulane University / IESA; Urbi Alain Garay, IESA; Maximiliano González, Uniandes 20503 2:00 pm to 3:30 pm Inka II ENTREPRENEURSHIP Track: Entrepreneurship “Entrepreneurial Intentions among University Students: A Structural Equation Modeling Analysis.” Edgar Eugenio Izquierdo, ESPAE- ESPOL “Innovation Capability in Latin American Firms.” Esteban Brenes, INCAE/Catedra Steve Aronson de Estrategia y Agronegocios; Juan Carlos Barahona, INCAE; Rowan Gibson “The performance of technology-based start ups: A comparative study in Brazil.” Luis Carlos Padrão, Faculdade de Gestão e Negócios/Universidade Federal de Uberlândia/Organizações e Estratégia; Tales Andreassi, EAESP/Fundação Getúlio Vargas/Business Administration Free markets and Social Inclusion: Towards a common goal 17 20504 2:00 pm to 3:30 pm Inka III STRATEGIES FOR GLOBAL COMPETITIVENESS Track: Strategies for Global Competitiveness “Exporting to your neighbours - the internationalization of young Costa Rican and Finnish firms.” Luis Lopez, INCAE; Maija Renko, University of Illinois at Chicago; Sumit Kundu, Florida International University; Luciano Ciravegna, University of London; INCAE “Inquiry into the Conceptual Dimensions of the Performance of Project Portfolio Management.” Pedro Bruno Barros de Souza, BNDES - Banco Nacional de Desenvolvimento Econômico e Social; Jorge Manoel Teixeira Carneiro, Pontifical Catholic University of Rio de Janeiro “Latin America in the Wine Market:The Country of Origin Effect on Consumers` Preferences.” Christian Felzensztein, Universidad Adolfo Ibañez; Carlos Rodriguez, Universidad Adolfo Ibañez 3:45pm 20602 3:45 pm to 5:00 pm PANEL - ACADEMY OF INTERNATIONAL BUSINESS Inka I 20603 3:45 pm to 5:00 pm Inka II PANEL - MERGERS AND ACQUISITIONS IN LATIN AMERICA: BRIDGING CULTURES AND SETTING TRENDS” 20604 3:45 pm to 5:00 pm PANEL - SMALL ECONOMIES, BIG OPPORTUNITIES Inka III 5:15pm 20702 5:15 pm to 6:30 pm PANEL - ENTREPRENEURSHIP 20703 5:15 pm to 6:30 pm PANEL - SERVICE INTERNATIONALIZATION Inka I Inka II 7:30pm 20805 7:30 pm to 9:00 pm Paracas 2 CELEBRATION DINNER 18 Annual Conference BALAS 2013 Friday, March 22, 2013 9:00am 30103 9:00 am to 10:30 am Inka II ENTREPRENEURSHIP - INTERNATIONAL Track: Entrepreneurship “Causal Recipes for Internationalization speed – an exploratory study.” Luis Lopez, Incae Business School; Luciano Ciravegna, University of London; INCAE; Sumit Kundu, Florida International University “Exporting from Latin America – insights from Chilean entrepreneurial firms.” Luciano Ciravegna, University of London; INCAE; Christian Felzensztein, Universidad Adolfo Ibañez; Paul Robson, Royal Holloway, University of London; José Ernesto Amorós Espinosa, Universidad del Desarrollo, Chile 30104 9:00 am to 10:30 am Inka III INFORMATION TECHNOLOGY MANAGEMENT Track: Information Technology Management “From Knowledge Management to Absorptive Capacity: The ECITON Case on Business Model Innovation.” Martha Corrales, EGADE Business School “Technological Customer Relationship Management (CRM): An Enterprises Business Partnership.” Flávio Régio Brambilla, Universidade de Santa Cruz do Sul (UNISC) & Universidade Luterana do Brasil (ULBRA); Gustavo Dalmarco, UNILASALLE 10:30am 30201 10:30 am to 11:00 am Hotel Foyer COFFEE BREAK 11:00am 30302 11:00 am to 12:30 pm Inka I FINANCIAL MARKETS, INVESTMENT AND RISK II Track: Financial Markets, Investment and Risk “Market Segmentation: Venezuelan ADRs.” Urbi Alain Garay, IESA; Maximiliano González, Uniandes “Portfolio Selection with Bayesian Risk in Brazilian Stock Market.” Melquíades Lima Júnior, IFRN; Vinicio Souza Almeida, UFRN/PPGA; Rodrigo Ferreira, UFPE “Study of Market Sentiment and Capital Investment of Brazilian companies.” Claudia Yoshinaga; Alcides Araujo; Hugo Freitas; William Eid Junior, Sao Paulo School of Business - Getulio Vargas Foundation 30303 11:00 am to 12:30 pm Inka II MANAGEMENT EDUCATION AND TEACHING CASES I Track: Management Education and Teaching Cases “Are we really having an impact? A comprehensive approach to assess improvements on critical thinking at an MBA Program.” Luis Noel Alfaro Gramajo, INCAE Business School; Felipe Perez Pineda, INCAE Business School; Carlos Quintanilla, INCAE Business School; Luis Javier Sanz Campos, INCAE Business School Free markets and Social Inclusion: Towards a common goal 19 “The International Expansion of Marcopolo (A): Adventures in China.” Bruno de Góes, Temple University; Angela da Rocha, Pontifical Catholic University of Rio de Janeiro “The International Expansion of Marcopolo (B): Manufacturing in ‘The Other Side of the World’.” Angela da Rocha, Pontifical Catholic University of Rio de Janeiro; Rebecca Arkader, Federal University of Rio de Janeiro; Bruno de Góes, Temple University “Using a Simulation to Teach Management Accounting.” Stephen Brian Salter, University of Texas at El Paso; Juan Claudio Lopez, Universidad Alberto Hurtado; Howard Dottin, Arthur Lok Jack Graduate School of Business 30304 11:00 am to 12:30 pm Inka III HUMAN RESOURCE MANAGEMENT II Track: Human Resource Management “Knowledge Management in Project-Oriented Organizations.” ANA CAROLINA MESSIAS SHINODA, UNIVERSITY OF SAO PAULO; ANTONIO CESAR AMARU MAXIMIANO, UNIVERSITY OF SAO PAULO; ROBERTO SBRAGIA, UNIVERSITY OF SAO PAULO “Sustainable Human Resource Management in Peruvian companies.” GINA MARIA PIPOLI, UNIVERSIDAD DEL PACIFICO; ROSA MARÍA FUCHS, UNIVERSIDAD DEL PACÍFICO “The Impact of HRM Practices on Organizational Performance: A General Model and a Test for Uruguay.” Adriana Cassoni, /Facultad de Administracion y Ciencias Sociales/Universidad ORT Uruguay; Gaston J. Labadie, Facultad de Administracion y Ciencias Sociales/Universidad ORT Uruguay “The importance of people management to the culture of innovation in a Brazilian service firm.” Clarissa Côrtes Pires, Aeronautics Technological Institute - ITA; Ligia María Soto Urbina, Instituto Tecnológico de Aeronáutica - ITA / Production Engineering 12:30pm 30405 12:30 pm to 1:30 pm Paracas 2 LUNCH 30505 1:30 pm to 2:30 pm ANNUAL MEMBERSHIP MEETING Paracas 2 2:30pm 30505 20 1:30 pm to 2:30 pm Sub-group meeting – executive committee Inka I Annual Conference BALAS 2013 Author Index A Acosta, Pilar, 004 Alfaro Gramajo, Luis Noel, 036 Almeida, Vinicio Souza, 035 Alsua, Carlos, 007 Amorós Espinosa, José Ernesto, 032 Andreassi, Tales, 024 Araujo, Alcides, 035 Arkader, Rebecca, 036 B Barahona, Juan Carlos, 024 Barra, Cristobal, 009 Berggrun, Luis, 005 Blanco, Pablo Roberto, 019 Boucher, Stephen, 017 Brambilla, Flávio Régio, 033 Bravo Orellana, Sergio Rafael, 017 Brenes, Esteban, 010, 019, 024 C Callegaro, Carlos Alberto, 003 Carillo, Miguel, 028 Carneiro, Jorge Manoel Teixeira, 025 Carter, Michael R., 017 Cassoni, Adriana, 037 Castanho, Rafael Plantier, 023 Castano, Nathalie, 004 Castillo, María José, 017 Chimenti, Paula, 003 Ciravegna, Luciano, 025, 032 Cometto, Teresa, 009 Corrales, Martha, 033 Costamagna, Rodrigo, 019 Cueto, Diego Carlos, 023 D da Rocha, Angela, 036 da Silva, Bianca Carvalho, 003 Dalmarco, Gustavo, 033 de Góes, Bruno, 036 de Luque, Mary Sully, 004 DE OLIVEIRA, LUCIEL HENRIQUE, 008 Dottin, Howard, 036 Durand, Aurelia, 009 E Eid Junior, William, 035 Espejo, Alvaro, 018 F Felzensztein, Christian, 009, 025, 032 Ferreira, Jorge Brantes, 003 Ferreira, Rodrigo, 035 Freitas, Hugo, 035 Fuchs, Rosa María, 004, 037 G Gabel, Rachel, 004 Garay, Urbi Alain, 023, 035 García-Rada, Ximena, 019 Geldes, Cristian, 009 Gibson, Rowan, 024 González, Maximiliano, 023, 035 González, Silvia, 004 Grosse, Robert, 026 Guzmán, Felipe, 018 H Haar, Jerry, 029 Hor-Meyll, Luis Fernando, 003 Hupsel Vaz, Luiz Felipe, 003 I Ickis, John C., 019 Izquierdo, Edgar Eugenio, 024 J Jaramillo, Carlos Z, 017 José, Pin Ramón, 019 K Kilian, Bernard, 008 Kundu, Sumit, 025, 032 L Labadie, Gaston J., 009, 037 leiva, pedro ignacio, 018 Lengler, Jorge, 003 Leone, Vitor, 035 Lima, Marcel Correia, 003 Free markets and Social Inclusion: Towards a common goal 21 Lima Júnior, Melquíades, 035 Lizarzaburu, Edmundo, 005 Lopez, Juan Claudio, 036 Lopez, Luis, 025 Lopez, Luis, 032 M Majano, Ana Maria, 019 Matos, Nancy, 004 Maximiano, Antonio Cesar Amaru, 037 Mazzon, Jose Afonso, 003 Medeiros, Otavio Ribeiro, 035 Melgarejo, Mauricio, 007 Mello Moyano, Carlos, 003 Mendoza, Xavier, 030 Merino, Maria, 008 Minardi, Andrea Maria Accioly Fonseca, 023 Moita, Rodrigo Menon Simões, 023 Montiel, Eduardo, 007 Montoya, Daniel, 019 N Navichoc, David Felipe, 008 Nogueira, Roberto, 003 O Ogliastri, Enrique, 004 Olavarrieta, Sergio, 009, 011 Ortiz, Norma, 017 P Pablo, Eduardo, 023 Padrão, Luis Carlos, 024 Palacios, Miguel, 009 Perez Pineda, Felipe, 019, 036 Perezts, Mar, 004 Pipoli, Gina Maria, 037 Pires, Clarissa Côrtes, 037 Porras, David, 007 Prado, Andrea María, 019 Q Quintanilla, Carlos, 036 Ribeiro, Vanderlei Becker, 003 Rivera, Lloyd, 008 Robertson, Chris, 027 Robles-Flores, Jose Antonio, 004 Robson, Paul, 032 Rodrigues, Marco Aurélio de Souza, 003 Rodriguez, Arnoldo J, 007 Rodriguez, Carlos, 025 Rodriguez Fernandez-Hidalgo, Enrique, 019 S Salter, Stephen Brian, 036 Sanz Campos, Luis Javier, 007, 036 Sarathy, Ravi, 027 Sbragia, Roberto, 037 Scott, Brad, 007 Shinoda, Ana Carolina Messias, 037 Souza, Pedro Bruno Barros de, 025 Souza, Zilma Borges, 008 Susaeta, Lourdes, 019 T Talavera, Jorge, 012, 013 Torres, Eduardo, 009 Turkina, Ekaterina, 009 U Urbina, Ligia María Soto, 037 V Valenzuela, Leslier Maureen, 018 Vara-Horna, Aristides Alfredo, 018 Varga, Gyorgy, 005 Vargas, Delfino, 008 W Wernsing, Tara, 004 Y Yoshinaga, Claudia, 035 U Úbeda Sales, Ricardo, 007 R Rees, Gareth, 027 Renko, Maija, 025 22 Annual Conference BALAS 2013 Free markets and Social Inclusion: Towards a common goal BOARD ROOM 2 BOARD ROOM 1 INTERNET SERVICIO BUSINESS CENTER Elevators REGISTRATION ASCENSOR RESTROOMS NAZCA I NAZCA II INKA 1 PARACAS II INKA 2 4 2 INKA 3 3 1 SWISSOTEL INKA 4 EXHIBITOR AREA PARACAS I Hotel Floor Map INKA 5 RESTROOMS DIRECT ACCESS TO THE GARDEN EQ. SONIDO 23 The CFA ChArTer is A globAlly reCognized, grAduATe-level invesTmenT CredenTiAl. Earning it demonstrates a commitment to professional integrity and expertise in the broad range of skills needed for a career in the investment profession. To find out more about the CFA charter, please visit www.cfainstitute.org/programs/cfaprogram. “Charterholders stand out from the crowd because they have demonstrated that they have tenacity and are able to go through a rigorous program and study hard: it shows a certain type of personality that definitely performs well.” Ana Cecilia Reyes Esparza, CFA Mexico City, MEXICO © 2013 CFA Institute Notes Free markets and Social Inclusion: Towards a common goal 25 Notes 26 Annual Conference BALAS 2013 Notes Free markets and Social Inclusion: Towards a common goal 27 Notes 28 Annual Conference BALAS 2013 www.esan.edu.pe conexionesan.com @esanperu esanposgrado Sede ejecutiva Hoy mantenemos el mismo compromiso, el cual nos seguirá ubicando por muchos años como una de las instituciones educativas más prestigiosas de la región. Desde el inicio tuvimos la misión de formar líderes empresariales con visión internacional. Nuestro compromiso es hacia el futuro Exhibitors: Media Partners: Hosted by: www.balas.org