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Navigating the Landscape of Transactions : Understanding Firms’ Transactional Governance Structures in Six Latin American Countries (الإنجليزية)

This note summarizes findings from a new paper, which lays out a methodology to determine the types of mechanisms, be they the legal system, civil organizations, or shared business interest, that firms use when entering into agreements with their suppliers and customers. Specially, the note summarizes the data exploration technique (known as Latent Class Analysis) used in the paper and shows some basic results in terms of the attributes of each class...
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