The Nature, Estimation, and Management of Political Risk

(Hardback)

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The inclusion and factoring of political risk into accounting and non-accounting decisions is crucial if multinational firms are to avoid negative consequences ranging from unprofitable business environments to the outright expropriation of their assets. In a work that will be of particular value to professionals and academics in international and domestic finance, accounting, and management, the authors examine the characteristics of environments that give rise to political risk, explore the relationship between low economic growth and high political risk, and differentiate between definitions and forecasting models of political risk. They also provide a unique forecasting model to explain and predict risk, and they suggest alternative strategies for managing political risk.

Reviews

[T]his volume is readable and contains valuable information.-Choice
"This volume is readable and contains valuable information."-Choice
"[T]his volume is readable and contains valuable information."-Choice

Author Bio

JANICE MONTI-BELKAOUI is Department Chair, Sociology and Communication, at Dominican University. With a doctorate in sociology and research interests in international development, mass media, and related fields, she holds several awards for excellence in teaching. Among her previous Quorum books (coauthored with Ahmed Riahi-Belkaoui) are: Fairness in Accounting (1996), Human Resource Valuation (1995), and Accounting in the Dual Economy (1991). AHMED RIAHI-BELKAOUI is CBA Distinguished Professor of Accounting in the College of Business Administration, University of Illinois at Chicago. Author of more than 30 Quorum books and coauthor of several more, he is also a prolific author of articles published in the major scholarly and professional journals of his field, and has served on numerous editorial boards that oversee them.