Download or read book The Political Background of Multinational Corporations and Investment Risks written by Gyu Sang Shim and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The role of domestic and international institutions in reducing political risks in foreign direct investment (FDI) has been well studied by extant studies. Yet, one question remains unanswered: why do some foreign investors face more problems than others in the same host country? In other words, how could some firms take greater risks than others? Three essays in this dissertation suggest that firm heterogeneity is the key to answering this question. Firms have diverse political backgrounds and they leverage that against investment risks. The first paper suggests that firms can reduce policy risks by lobbying information. Due to the possibility of costly investor-state disputes, host governments are more willing to avoid damaging the business operation of firms with the available record of lobbying the US government. The second essay finds that foreign ownership of a mine has a restraining effect on armed conflict. The possibility of home countries' military intervention discourages both insurgents and national governments to fight in the vicinity of foreign-owned mining facilities. The third paper argues that multinationals use collusive corruption to hedge political risks from protests. However, a given firms' bribery only works in a district where both senators are from the incumbent party because senators from opposition parties have incentives to increase protests against foreign investors"--Page vii.
Download or read book Political Risks in International Business written by Lars H. Thunell and published by Greenwood. This book was released on 1977 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on foreign investment decision making of multinational enterprise in a context of risk or probability with regard to political problems in host countries - includes diagrams, graphs, references and statistical tables.
Download or read book Political Risks in International Business written by Thomas L. Brewer and published by Greenwood. This book was released on 1985 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Main types of political risks experienced by MNEs written by Svenja Martina Gnosa and published by GRIN Verlag. This book was released on 2011-07-19 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2011 in the subject Business economics - Offline Marketing and Online Marketing, grade: 1,3, University of St Andrews (School of Management), language: English, abstract: Identify the main types of political risk encountered by multinational corporations and discuss how these risks can be minimized. Introduction The controversy between the Kazak government and the Italian oil company ENI about the exploitation of Kashagan ́s oil fields is only one out of many cases, in which political violence acts or governmental decisions threatened foreign investments of a multinational enterprise (MNE). In April 2006, the Dacion and Jusepin oil fields, operated by ENI and the French company Total, were taken over by the Venezuelan government, because they rejected to change their business operations into joint ventures with the state-owned oil company PDVSA (Ferrari and Rolfini 2008). Stated by Kesternich and Schnitzer (2009) some recent empirical studies identified that for MNEs political risk is one of the most important factors when considering a foreign investment. Foreign investments nowadays seem to be even more risky in terms of pollution that result in natural catastrophes such as caused by BP (Heller 2011), cultural conflicts or political disturbances for which Lybia (Yang 2011) represents a recent example and an increasing social disparity (Bloch, Koepplinger and Wolfrum 2007) [...]
Download or read book Politics and International Investment written by Witold J. Henisz and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'A challenging research monograph that will appeal to international business scholars in the area of transaction cost economics (TCE), political risk, multinational enterprise (MNE) host country bargaining, and international joint ventures. It offers both theoretical and empirical advances in this area.' - Alan Rugman, Journal of International Business Studies
Download or read book Nation States and the Multinational Corporation written by Nathan M. Jensen and published by Princeton University Press. This book was released on 2008-01-21 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: What makes a country attractive to foreign investors? To what extent do conditions of governance and politics matter? This book provides the most systematic exploration to date of these crucial questions at the nexus of politics and economics. Using quantitative data and interviews with investment promotion agencies, investment location consultants, political risk insurers, and decision makers at multinational corporations, Nathan Jensen arrives at a surprising conclusion: Countries may be competing for international capital, but government fiscal policy--both taxation and spending--has little impact on multinationals' investment decisions. Although government policy has a limited ability to determine patterns of foreign direct investment (FDI) inflows, political institutions are central to explaining why some countries are more successful in attracting international capital. First, democratic institutions lower political risks for multinational corporations. Indeed, they lead to massive amounts of foreign direct investment. Second, politically federal institutions, in contrast to fiscally federal institutions, lower political risks for multinationals and allow host countries to attract higher levels of FDI inflows. Third, the International Monetary Fund, often cited as a catalyst for promoting foreign investment, actually deters multinationals from investment in countries under IMF programs. Even after controlling for the factors that lead countries to seek IMF support, IMF agreements are associated with much lower levels of FDI inflows.
Download or read book Political Risk and Multinational Corporations written by Alero Akporiaye and published by . This book was released on 2014 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation investigates the effects of political risk on multinational corporations after they have made investments in foreign countries. I examine the ex post implications of political risk in the energy industry, as the energy industry presents an environment in which multinational corporations embrace risk and must continually overcome risk to earn favorable returns on their investment. I explore two types of risks that energy multinationals face: risk from the obsolescing bargain and socio-political conflict risk from non-state actors. Regarding the former, I derive a theoretical model that examines a mechanism through which energy multinationals could forestall the hold-up problem, and test this model empirically. With respect to the latter, I investigate the effect socio-political conflict from non-state actors has on the performance of multinational corporations, as this could ultimately affect their ability to earn a return on their investment. My results provide empirical evidence that such risk from non-state actors is problematic for firms.
Download or read book Foreign Investments And The Management Of Political Risk written by Dan Haendel and published by Routledge. This book was released on 2019-05-20 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume focuses on the efforts that multinational enterprises (MNEs) can and must make to evaluate and deal with the political risks they confront in host countries. After discussing various aspects of the relationships between MNEs and host countries, the author considers the definitional and conceptual issues of political risk. He examines th
Download or read book The Overseas Private Investment Corporation written by Alan C. Brennglass and published by Praeger Publishers. This book was released on 1983 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Multinational Corporations written by Theodore H. Moran and published by Free Press. This book was released on 1985 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Multinational Corporations in Political Environments written by Usha C. V. Haley and published by World Scientific. This book was released on 2001 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tested in South Africa when US multinationals were facing diverse pressures from stockholders, governments and consumers to leave, the research provides a prism to isolate how different stakeholders' actions influenced multinationals' behaviours. Detailed analyses of subsidiary-level archival data over a period of four crucial years revealed that the multinationals engaged in diverse forms of leaving reflecting their involvements, strategies and stakeholders' influences. The research, the first to test which stakeholders' strategies, including boycotts and sanctions, influenced multinationals and which did not, and to identify their effects on multinationals' behaviours, has enormous implications for policy makers, managers and social activists.
Download or read book Overseas Investment and Political Risk written by Dan Haendel and published by . This book was released on 1975 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Business Operations and the Impact of Political Environment written by Rashid Saber and published by Universal-Publishers. This book was released on 2006-04-24 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study attempts to develop a conceptual frame work to deal with operations and management in a foreign business environment. The study develops a measure for business financial performance by employing factor analysis methods to integrate three profit-related ratios, derived from Modified DuPont Model, utilizing financial performance data from 630 multinational companies ranked in Business Week's Global 1000 report between years 1994-1997. In the analysis of multinational companies cases, approximately 400 sets of financial data (Return/Assets, Return/Revenues, Return/Equity), were categorized and computed for intercorrelations and development of the financial performance index. A new financial performance measure was derived and termed the Financial Performance Index or FPI. Indices trends for 4 years were generated and compared among four parent countries (France, Germany, Japan, and U.S.), across four selected industry groups, i.e., automobile, pharmaceuticals, electric and electronic equipments and banking. In the analysis of the multinational companies data, the financial performance index exhibited patterns and trends which varied by country and across industry groups; moreover, they added analytical depth when interpreted along with market shares and sales mode. To test the hypothesis that a multinational company's financial performance in foreign business environment is linearly related to the host country's political conditions. Twelve political uncertainties indicators (independent variable) in thirteen host countries were chosen to test for linear relationship with the level of financial performance index (dependent variables). Five equations were formulated to predict the Financial Performance Indices of the four selected industries and the country composite. A step-wise method of multiple regression analysis was employed to measure and determine a predication equation with most favorable financial performance in thirteen host countries of four major industries, i.e., automobile, pharmaceuticals, electric and electronic equipments, and banking. The combination of political risk indicators in the host country can explain the variations of the country composite FPI and the FPI across four selected industries. Results of multiple regression analysis support the hypothesis, enabling prediction of the FPI as well as analysis of the differential importance of the political risk indicators. A model of international business operations was fully developed to be applied as a conceptual framework for further research and practical applications in the field of international business operations.
Download or read book Evaluating and monitoring political risk for foreign direct investment by U S multinational corporations written by Christine Jacqueline Porta and published by . This book was released on 1986 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book U S Power Multinational Corp written by Robert Gilpin and published by . This book was released on 1975-11-13 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on foreign policies and economic policies of the USA with regard to foreign investment, economic relations and multinational enterprises (role of USA) - shows the reciprocal interaction of economics and politics in today's world. References and statistical tables.
Download or read book Global Goliaths written by James R. Hines and published by Brookings Institution Press. This book was released on 2021-04-20 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: How multinationals contribute, or don't, to global prosperity Globalization and multinational corporations have long seemed partners in the enterprise of economic growth: globalization-led prosperity was the goal, and giant corporations spanning the globe would help achieve it. In recent years, however, the notion that all economies, both developed and developing, can prosper from globalization has been called into question by political figures and has fueled a populist backlash around the world against globalization and the corporations that made it possible. In an effort to elevate the sometimes contentious public debate over the conduct and operation of multinational corporations, this edited volume examines key questions about their role, both in their home countries and in the rest of the world where they do business. Is their multinational nature an essential driver of their profits? Do U.S. and European multinationals contribute to home country employment? Do multinational firms exploit foreign workers? How do multinationals influence foreign policy? How will the rise of the digital economy and digital trade in services affect multinationals? In addressing these and similar questions, the book also examines the role that multinational corporations play in the outcomes that policymakers care about most: economic growth, jobs, inequality, and tax fairness.
Download or read book States and Companies written by Howard Lax and published by Praeger. This book was released on 1988-11-15 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Because political events can determine the success or failure of an investment abroad, transnational companies must make every effort to analyze political risks as part of the decisionmaking process. States and Companies, written especially for students of international business and executives of transnational companies, presents a conceptual framework for the analysis of political risk. Although the author focuses his study on the international oil industry, his explanatory model of political risk is applicable to most transnational companies. Lax's study is important because it focuses on developing a context for understanding political risk rather than simply offering a predictive methodology. He provides the theoretical groundwork for this understanding by explaining political risk in terms of a broader theory of interaction between host states and transnational corporations. The inherent conflict of interests and issues hierarchies between these two actors, Lax argues, is the root cause of political risk.
