Government and public–private relationships: lessons from the Odebrecht case

Gloria Camacho, Mario Vázquez Maguirre

Research output: Chapter in Book/Report/Conference proceedingChapter


The relationship between public entities and multinationals in Latin America has been affected by a series of scandals of corruption and collusion that deteriorates the common good. One of the most notorious is Odebrecht, which has affected and continues to affect at least nine countries of the region. The resulting lack of credibility and legitimacy has urged governments and multinationals to find new management models that better respond to recover the citizens’ confidence and provide higher levels of well-being. In this sense, humanistic management can provide guidance regarding how to best manage organisations for the common good. The aim of this chapter is to explore how a humanistic management approach can improve the relationship between governments and multinationals in Latin America. To this end, this chapter examines Odebrecht as a case example of poor management practices and how a three-stepped humanistic management model may improve decision-making and stakeholder engagement based on human dignity protection and recognition. The results suggest that improving transparency, accountability, participation, legitimacy, and the search for the common good in this type of partnerships can directly contribute to improve infrastructure (SDG 9), increase peace, justice, and strong institutions (SDG 16), and to build stronger partnerships for the goals (SDG 17).
Original languageEnglish
Title of host publicationHumanistic Management in Latin America
EditorsConsuelo García de la Torre, Osmar Arandia, Mario Vázquez-Maguirre
Place of PublicationNew York
Number of pages11
ISBN (Electronic)9781000384857
ISBN (Print)9780367367527
Publication statusPublished - 1 Jan 2021

Publication series

NameHumanistic Management

Bibliographical note

Publisher Copyright:
© 2021 selection and editorial matter, Consuelo A. García-de-la-Torre, Osmar Arandia and Mario Vázquez-Maguirre; individual chapters, the contributors.

All Science Journal Classification (ASJC) codes

  • Economics, Econometrics and Finance(all)
  • General Business,Management and Accounting


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