Exploring the Relationship between Business Elite Networks and Redistributive Social Policies in Latin American Countries
Alice Salomon University of Applied Sciences Berlin, 12627 Berlin, Germany
Sustainability 2020, 12(1), 13; https://doi.org/10.3390/su12010013
Received: 24 November 2019
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Revised: 10 December 2019
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Accepted: 16 December 2019
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Published: 18 December 2019
(This article belongs to the Section Economic and Business Aspects of Sustainability)
Although the cohesion of business elites has been associated with income concentration and regressive policies, few studies have investigated in depth the role of business elite networks in macrosocial issues such as redistributive social policies. This research explores the relationship between business elite networks and redistributive social policies in several Latin American countries. To do so, this paper (1) examines business elite networks applying a network analysis of interlocking directorates, and (2) performs a cross-national comparative analysis of the cohesiveness of business elite networks, coverage and incidence of social protection and labor programs, and other variables. Results show that where business elites formed cohesive networks, social protection and labor programs were more inclusive. In conjunction with other factors, business cohesion plays a crucial role in business elites’ acceptance of redistributive social policies because it enables long-term cost-sharing agreements, reduces uncertainty and internal divergent interests, and facilitates inducement.
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Keywords:
elite networks; business elites; redistributive social policies; social protection; interlocking directorates; Latin America
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MDPI and ACS Style
Cárdenas, J. Exploring the Relationship between Business Elite Networks and Redistributive Social Policies in Latin American Countries. Sustainability 2020, 12, 13. https://doi.org/10.3390/su12010013
AMA Style
Cárdenas J. Exploring the Relationship between Business Elite Networks and Redistributive Social Policies in Latin American Countries. Sustainability. 2020; 12(1):13. https://doi.org/10.3390/su12010013
Chicago/Turabian StyleCárdenas, Julián. 2020. "Exploring the Relationship between Business Elite Networks and Redistributive Social Policies in Latin American Countries" Sustainability 12, no. 1: 13. https://doi.org/10.3390/su12010013
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