Political Risk Management: International Lending and Investing Under Environmental Uncertainty - Hardcover

Kennedy, Charles R.

Hardcover

ISBN 10: 0899301576 ISBN 13: 9780899301570

Publisher: Quorum Books, 1987

Synopsis

"This work compresses much of the established literature on risk and investment-business strategy. While it may not offer new direction, it succeeds in bringing together the perspectives of international finance, rooted in country risk analysis, with those of broader social science. It focuses the reader's attention on the political and social forces directly impacting on business operations. This, this book serves as an excellent literature review for academics, and helps the strategic planner in business get a grip on the political risk literature from a multidisciplinary perspective. It deserves a prominent place in the political risk/international business environment literature." The International Executive

About this title

About the Author

CHARLES R. KENNEDY, JR., is an Associate Professor at the Colgate Darden Graduate School of Business Administration of the University of Virginia.

Review

“Kennedy covers the problems of politico-economic risk assessment from the perspective of international lending and investing. The author strikes an excellent balance in covering country political and economic variance as a source of financial risk, and project-specific characteristics and their interaction with country attributes. The book contains a review of the history and concepts of country risk assessment; international bank-lending (cross-border) exposures to risk; the process of managing country risk in banks and for foreign direct-investment activities; and political risk strategy. The work is based on extensive literature reviews and original research, and there are comprehensive footnotes and references. . . . This volume should be most valuable for students seeking practical business applications for material studied in political science, history, and economics courses. Highly recommended for college and university libraries.”–Choice

“This book is an in-depth study of political risk management techniques of multinational firms engaged in foreign investment. The author's purpose for writing the book is to develop a more useful framework for assessing political risk in foreign investment than is presently practiced. . . . The book is comprehensive and well-written, and should be useful to academics studying international investment risk as well as corporate managers undertaking international investment plans.”–The International Trade Journal

Edition details

• Publisher: Quorum Books
• Publication date: 1987
• Language: English
• ISBN 10: 0899301576
• ISBN 13: 9780899301570
• Binding: Hardcover
• Number of pages: 177