Internationalisation as an explicit objective in the declared vision and mission of the 500 largest companies in Colombia
Keywords:
Internationalization, Colombian firms, strategic planning, vision and mission statements.Abstract
The present study is of empirical nature and aims at establishing, through a content analysis of the corporate vision and mission statements of the top 500 companies in Colombia, whether internationalization is considered amongst the strategic objectives of such organizations. For this purpose, the vision and mission statements of 398 companies were classified to determine if internationalization can be considered an end, that is beingn explicitly included in the vision statement; or if internationalization can be considered a mean, that appears to be clearly included in the mission statement. As a result, it was found that internationalization has been clearly included in the vision statement of 151 companies (37,9%), in the mission statement of 70 companies (17,6%), and for 44, out of the 398 analyzed cases, it has been included in both types of statements (11,1%).
Downloads
Downloads
Published
Issue
Section
License
Authors who publish with this journal agree to the following terms:
a. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under aCreative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
b. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
c. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
