The integration of stock exchanges: The case of the Latin American Integrated Market (MILA) and its impact on ownership and internationalization status in Colombian brokerage firms

dc.contributor.authorYepes Rios, Beatriz
dc.contributor.authorGonzalez Tapia, Kelly
dc.contributor.authorGonzalez Perez, Maria Alejandra
dc.date.accessioned2021-11-03T20:19:40Z
dc.date.available2021-11-03T20:19:40Z
dc.date.issued2015-12-01
dc.description.abstractThis paper describes the changes in ownership and internationalization of the brokerage firms in Colombia as a result of the regional integration process of its stock exchange market through the Latin AmericanIntegrated Market (MILA). It proposes that the integration of stock exchanges generated transformations within the brokerage sector, and affected companies in response pursue different strategies toremain competitive in the current state of affairs. In the case of Colombia, stock exchange integration through MILA has resulted into mergers between local brokerage firms, acquisitions from both national and international companies and changes in ownership.en_EN
dc.description.abstractEste artículo describe los cambios de titularidad y la internacionalización de las compañías de corretaje colombianas, como resultado del proceso de integración regional de su mercado bolsista, a través del Mercado Integrado Latinoamericano (MILA). El documento propone que la integración de las bolsas ha generado transformaciones dentro del sector de los corretajes y que, en respuesta, las empresas afectadas persiguen diferentes estrategias para seguir siendo competitivas dentro de la situación actual de los negocios. En el caso de Colombia, la integración de la bolsa a través del MILA ha originado fusiones entre los corretajes locales, adquisiciones por parte de empresas nacionales e internacionales y cambios de titularidad.es_ES
dc.identifierhttps://revistas.esan.edu.pe/index.php/jefas/article/view/155
dc.identifier.citationYepes Rios, B., Gonzalez Tapia, K., & Gonzalez Perez, M. A. (2015). The integration of stock exchanges: the case of the Latin American Integrated Market (MILA) and its impact on ownership and internationalization status in Colombian brokerage firms. Journal of Economics, Finance and Administrative Science, 20(39), 84-93. https://doi.org/10.1016/j.jefas.2015.08.001
dc.identifier.doihttps://doi.org/10.1016/j.jefas.2015.08.001
dc.identifier.urihttps://hdl.handle.net/20.500.12640/2613
dc.language.isoeng
dc.publisherUniversidad ESAN. ESAN Ediciones
dc.publisher.countryPE
dc.relation.ispartofurn:issn:2218-0648
dc.relation.urihttps://revistas.esan.edu.pe/index.php/jefas/article/view/155/235
dc.rightsAttribution 4.0 International*
dc.rightsinfo:eu-repo/semantics/openAccesses_ES
dc.rights.urihttps://creativecommons.org/licenses/by/4.0
dc.subjectIntegrationen_EN
dc.subjectStock exchangesen_EN
dc.subjectBrokerage firmsen_EN
dc.subjectCapital marketsen_EN
dc.subjectLatin American Integrated Marketen_EN
dc.subjectIntegraciónes_ES
dc.subjectBolsas de valoreses_ES
dc.subjectCompañías de corretajees_ES
dc.subjectMercados de capitales_ES
dc.subjectMercado Integrado Latinoamericanoes_ES
dc.subject.ocdehttps://purl.org/pe-repo/ocde/ford#5.02.04
dc.titleThe integration of stock exchanges: The case of the Latin American Integrated Market (MILA) and its impact on ownership and internationalization status in Colombian brokerage firmsen_EN
dc.typeinfo:eu-repo/semantics/article
dc.type.otherArtículo
dc.type.versioninfo:eu-repo/semantics/publishedVersion
oaire.citation.endPage93
oaire.citation.issue39
oaire.citation.startPage84
oaire.citation.titleJournal of Economics, Finance and Administrative Science
oaire.citation.volume20
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