Marcelo Bucheli

Marcelo Bucheli

Associate Professor of Business Administration

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Biography

Marcelo Bucheli is an associate professor of business administration, having joined the University of Illinois at Urbana-Champaign in 2005. Before that, he was a lecturer in business history at Harvard Business School and an assistant professor at Universidad de los Andes (Colombia) Department of Economics. His research interests include the political economy of foreign direct investment, international business history, and multinational corporations, as well as the intersection of history and management theory. Bucheli is also an associate for the Center for Advanced Study at the University of Illinois, and has received multiple MBA Teaching Excellence Awards from Gies College of Business. He has been a visiting lecturer at the Wharton School, a visiting scholar at the École Polytechnique (Paris), and a fellow at the University of Reading. He earned both a BA and an MS in economics from Universidad de los Andes, in 1991 and 1993, respectively. He has also earned two history degrees from Stanford University, an MA in 1998 and a PhD in 2002.

Contact

198 Wohlers Hall

1206 S. Sixth

Champaign, IL 61820

217-244-0208

mbucheli@illinois.edu

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Educational Background

  • Ph.D., History, Stanford University, 2002
  • M.A., History, Stanford University, 1998
  • M.A., Economics, Universidad de los Andes, 1993
  • B.S., Economics, Universidad de los Andes, 1991

Positions Held

  • Associate Professor of Business Administration, University of Illinois, 2011 to present
  • Assistant Professor of Business Administration, University of Illinois, 2005-2011
  • Assistant Professor in Economic History, School of Economics, Universidad de los Andes, 2004
  • Lecturer in Business History, Harvard Business School, 2004

Recent Publications

  • Bucheli, M., & Decker, S. Forthcoming. Expropriations of foreign property and political alliances: a business historical approach. Enterprise and Society.  link >
  • Bucheli, M., Salvaj, E., & Kim, M. (2019). Better Together: How multinationals come together with business groups in times of economic and political transitions. Global Strategy Journal, 9 (2), 176-207.  link >
  • Medina, L., Bucheli, M., & Kim, M. (2019). Good friends in high places: Politico-economic determinants of the expropriation and taxation of multinational firms. Journal of International Business Policy, 2 (2), 119-141.  link >
  • Bucheli, M., Manuel Llorca-Jaña, Rory Miller, and Diego Barría (Ed.) (2019). Economic Policy and Foreign Capital in the Creation and Rise of Copec. Capitalists, Business, and State-Building in Chile London: Palgrave Macmillan.
  • Bucheli, M. (2019). From Cold War to Washington Consensus: Evolution of the Multinational Corporations' Strategies in Chile. Multinational Enterprise, Political Risk and Organizational Change: From Total War to Cold War. Neil Forbes, Takafumi Kurosawa, and Ben Wubs (eds.) New York: Routledge.
  • Bucheli, M., Andreas Sanders, Pal T. Sandvik, and Espen Storli (Ed.) (2019). National Oil Companies and Political Coalitions: Venezuela and Colombia, 1910-1976. The Political Economy of Resource Regulation: An International and Comparative History, 1850-2015 Vancouver: University of British Columbia Press.
  • Bucheli, M., & Salvaj, E. (2018). Political Connections, the Liability of Foreignness, and Legitimacy: A Business Historical Analysis of Multinationals' Strategies in Chile. Global Strategy Journal, 8 (3), 399-420.  link >
  • Hikino, T., & Bucheli, M., Asli Colpan and Takashi Hikino (Ed.) (2018). The United States in Historical Perspectives: The Strange Career of Business Groups in Industrial Development. Business Groups in the West: The Evolutionary Dynamics of Big Business Oxford: Oxford University Press.

Other Publications

Articles

  • Berkowitz, H., Bucheli, M., & Dumez, H. (2017). Collectively Designing CSR Through Meta-Organizations: A Case Study of the Oil and Gas Industry. Journal of Business Ethics, 143 (4), 753-769.  link >
  • Duran, X., & Bucheli, M. (2017). Holding up the Empire: Colombia, American Oil Interests and the 1921 Urrutia-Thomson Treaty. Journal of Economic History, 77 (1), 251-284.
  • Bucheli, M., & Kim, M. (2015). Attacked from Both Sides: A Dynamic Model of Multinational Corporations' Strategies for Protection of Their Property Rights. Global Strategy Journal, 5 (1), 1-26.  link >
  • Bucheli, M., & Salvaj, E. (2014). Adaptation Strategies of Multinational Corporations, State-Owned Enterprises, and Domestic Business Groups to Economic and Political Transitions: A Network Analysis of the Chilean Telecommunications S. Enterprise and Society, 15 (3), 534-576.
  • Bucheli, M., & Romero Sommer, G. (2014). Multinational Corporations, Property Rights, and Legitimization Strategies: U.S. Investors in the Argentine and Peruvian Oil Industries in the Twentieth Century. Australian Economic History Review, 54 (2), 145-163.
  • Bucheli, M., & Salvaj, E. (2013). Reputation and Political Legitimacy: ITT in Chile, 1927-1972. Business History Review, 87 729-755.
  • Bucheli, M. (2013). 'Colombia's Coffee Producers Reprise Export Protectionism' in Bloomberg View (http://www.bloomberg.com/news/2013-03-22/colombia-s-coffee-producers-reprise-export-protectionism.html). Bloomberg.
  • Bucheli, M., & Kim, M. (2012). Political Institutional Change, Obsolescing Legitimacy, and Multinational Corporations: The Case of the Central America Banana Industry. Management International Review, 52 (6), 847-877.
  • Bucheli, M., Mahoney, J., & Vaaler, P. (2010). Chandler's Living Scholarship: The Visible Hand of Vertical Integration in 19th Century America Seen under a 21st Century Transaction Costs Economics Lens". Journal of Management Studies, 47 (5), 859-883.
  • Bucheli, M. (2010). Major Trends in the Historiography of the Latin American Oil Industry. Business History Review, 84 (2), 339-362.
  • Bucheli, M. (2010). Multinational Corporations, Business Groups, and Economic Nationalism:Standard Oil (New Jersey), Royal Dutch-Shell, and Energy Politics in Chile, 1913-2005. Enterprise and Society, 11 (2), 350-399.  link >
  • Bucheli, M., & Aguilera Vaques, R. (2010). Political survival, energy policies, and multinational corporations: A historical study for Standard Oil of New Jersey in Colombia, Mexico, and Venezuela in the Twentieth century. Management International Review, 50 (3), 347-378.
  • Bucheli, M., & Salvaj, E. (2009). Embrace your enemy. Harvard Business Review Digital Articles, 87 (5), 22-23.
  • Bucheli, M. (2009). Canadian Multinational Corporations and Economic Nationalism: The Case of Imperial Oil Limited in Alberta (Canada) and Colombia, 1899-1938. Entreprises et Histoire, 54 (1), 67-85.
  • Bucheli, M. (2008). Negotiating Under the Monroe Doctrine: Weetman Pearson and the Origins of US Control of Colombian Oil. Business History Review, 82 (3), 529-55.
  • Bucheli, M. (2008). Multinational Corporations, Totalitarian Regimes, and Economic Nationalism: United Fruit Company in Central America, 1899-1975. Business History, 50 (4), 433-454.
  • Bucheli, M. (2005). Banana War Maneuvers. Harvard Business Review Digital Articles, 83 (11), 22-24.
  • Bucheli, M. (2004). Enforcing Business Contracts in South America: The UnitedFruit Company and the Colombian Banana Planters in the Twentieth Century. Business History Review, 78 181-212.

Book Chapters

  • Bucheli, M., Geoffrey Jones and Andrea Lluch (Ed.) (2015). Multinationals, Business Groups, and Chile's Energy Policies. The Impact of Globalization in Argentina and Chile: Business Enterprises and Entrepreneurship ( pp. 77-107). Cheltenham, UK: Edward Elgar Publishers.
  • Bucheli, M., & Kim, J. (2014). The State as a Historical Construct in Organization Studies. Organizations in Time: History, Theory, Methods ( pp. 241-262). Oxford: Oxford University Press.
  • Bucheli, M., & Saenz, L., Paulo Drinot and Alan Knight (Ed.) (2014). Export Protectionism and the Great Depression: Multinational Corporations, Domestic Elite, and Export Policies in Colombia. The Great Depression in Latin America ( pp. 129-159). Durham, North Carolina: Duke University Press.
  • Kipping, M., Wadhwani, R., & Bucheli, M. (2014). Analyzing and Interpreting Historical Sources: A Basic Methodology. Organizations in Time: History, Theory, Methods ( pp. 305-329). Oxford: Oxford University Press.
  • Wadhwani, R., & Bucheli, M. (2014). The Future of the Past in Management and Organizational Studies. Organizations in Time: History, Theory, Methods ( pp. 3-29). Oxford: Oxford University Press.
  • Bucheli, M. (2011). Empresas multinacionales, grupos económicos y nacionalismo petrolero: Shell, Esso, Copec y el estado chileno, 1913-2005. El impacto histórico de la globalización en Argentina y Chile: empresas y empresarios Buenos Aires: Temas.
  • Bucheli, M., Alain Beltran (Ed.) (2011). Oil Nationalism, Property Rights, and Political Regimes: A Comparative Study of Colombia and Mexico in the Twentieth Century. Oil Producing Countries and Oil Companies: From the Nineteenth to the Twenty-First Century Brussels: Peter Lang.
  • Bucheli, M., & Read, I., Z. Frank, S. Topik, and C. Marichal (Ed.) (2006). From Hotel Suites to Workers' Lunchboxes: The Growth of Demand for Bananas in the United States, 1880-1970. From Silver to Cocaine: Latin American Commodity Chains and the Building of the World Economy Durham, North Carolina: Duke University Press.
  • Bucheli, M. (2003). Tras la visita del Senor Herbert: United Fruit Company, elite local y movimiento obrero en Colombia, 1900-1970. Empresas y empresarios en la historia de Colombia, siglos 19 y 20 Universidad de los Andes/Norma.
  • Bucheli, M., M. Moeberg & S. Striffler (Ed.) (2003). United Fruit Company in Latin America. Banana Wars: Power, Production, and History in the Americas Durham, North Carolina: Duke University Press.

Book Reviews

  • Bucheli, M. (2017). Evolution of Family Business: Continuity and Change in Latin America and Spain. ( 1 ed vol. 91, pp. 204-206). Business History Review.
  • Bucheli, M. (2015). The Business of Empire: United Fruit, Race, and US Expansion in Central America. ( 4 ed vol. 16, pp. 976-978). Enterprise and Society.
  • Bucheli, M. (2015). Entrepreneurship and Multinationals: Global Business and the Making of the Modern World. ( 3 ed vol. 89, pp. 578-580). Business History Review.
  • Bucheli, M. (2014). British Lions and Mexican Eagles: Business, Politics, and Empire in the Career of Weetman Pearson in Mexico, 1899-1919. ( 1 ed vol. 88, pp. 212-215). Business History Review.

Books and Monographs

  • Bucheli, M., & Wadhwani, R. (2014). Organizations in Time: History, Theory, Methods. Oxford: Oxford University Press.
  • Bucheli, M. (2005). Bananas and Business: The United Fruit Company in Colombia, 1899-2000. New York: New York University Press.

Case Studies

  • Bucheli, M., & Jones, G. (2005). The Octopus and the Generals: United Fruit in Guatemala. Harvard Business School Case 9-805-146 Mass: Harvard Business School.

Conference Proceedings

  • Bucheli, M., Salvaj, E., & Kim, M. (2015). Non-Market Strategies During Transitions: The Case of Chile. ( 1 ed pp. 10886). Academy of Management Best Paper Proceedings.  link >
  • Bucheli, M. (2012). Integrating Business History in a Friendly Environment Where No Previous Tradition Existed. ( pp. 16-18). Teaching Business History: Insights and Debates: Harvard Business School Publishing, Boston, MA.

Other Publications

  • Bucheli, M. (2007). "United Fruit in Latin America" in Jones, G. and R. Daniel Wadhwani (eds.) Globalization and Entrepreneurship (Cheltenham, UK: Edward Elgar).

Presentations

  • Bucheli, M., & Decker, S. (2012). Economic Nationalism in Latin America and Africa in the Twentieth Century: A Comparison. Business History Conference.
  • Bucheli, M., & Sáenz, L. (2012). Export Protectionism and the Great Depression: Multinational Corporations, Domestic Elite, and Export Policies in Colombia. European Business History Association Meeting.
  • Bucheli, M. (2009). Multinational Corporations, Business Groups, and Economic Nationalism: Standard Oil (New Jersey), Royal Dutch-Shell, and Energy Politics in Chile, 1913-2005. Business History Conference.
  • Bucheli, M., & Salvaj, E. (2009). Multinationals, Business Groups, and Politics in the Second Global Economy: Spanish Firms in Chile, 1980-2006. Academy of International Business Annual Meetings.
  • Bucheli, M., & Salvaj, E. (2009). Multinationals, Business Groups, and Politics in the Second Global Economy: Spanish Firms in Chile, 1980-2006. Academy of Management Annual Meeting.
  • Bucheli, M. (2007). Political Economy and International Business History: The Case of Vertical Integration in Latin America. Business History Conference.

Working Papers

  • Bucheli, M., & Decker, S. Political Alliances and the Expropriation of Foreign Property: Historical Evidence from Latin America and Sub-Saharan Africa.
  • Medina, L., Bucheli, M., & Kim, M. Good friends in high places: Politico economic determinants of the expropriation and taxation of MNCs.
  • Bucheli, M., & Saenz, L. Multinational Corporations and Economic Nationalism in Oil Products Marketing: Standard Oil of New Jersey (Esso), Royal Dutch-Shell, and the Argentinean State.

Honors and Awards

  • MBA Teaching Excellence Award, Gies College of Business, 2018 to present
  • Associate, Center for Advanced Study, University of Illinois, 2019-2020

Grants

  • National Elite, Multinational Corporations, and Oil Policy in Brazil, Lemann Center for Brazilian Studies (University of Illinois), 2011-2012
  • CIBER Research Grant, Center for International Business Education and Research, 2011
  • Canadian and American Oil Multinationals in South America: Political Economy and Corporate Strategy in the 20th Century, Canadian Government, 2007

Service

  • Committee Chair Philip Scranton Award, Business History Conference, 2017 to present

Teaching Interests

International business; business history

Research Interests

Political economy of foreign direct investment; international business history; multinational corporations

Current Courses

  • International Business (BADM 380) Introduces the field of international business and management. Examines the economic, political, and legal environments of international business. Analyzes differences in financial management, marketing, and management practices for firms doing business abroad.

  • Politics of International Bus (BADM 590) Special topics in the general area of business. Topics are selected by the instructor at the beginning of each term.

  • Global Strategy (MBA 504) Presents additional management topics important to the study of business organizations and the economic landscapes within which they exist. Specific topics include financial management, global strategy, decision and risk analysis, leadership, and ethics.

  • Global Strategy (MBA 548) This course seeks to understand how firms adapt to, react towards, and shape the global economy. Students should be able to evaluate markets and the best strategies firms should follow when operating globally.

Contact

198 Wohlers Hall

1206 S. Sixth

Champaign, IL 61820

217-244-0208

mbucheli@illinois.edu

Vita

Google Scholar

Website

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