ESCP Europe

Item type

Ebook

Language

English

Publication year

2017

ISBN

9781315308616

Note

• 1 user licence

Subjects

INTERNATIONAL RELATIONS - FINANCIAL RISK - POLITICAL RISK - INTERNATIONAL ECONOMY

"In the OECD-area states provide security business to be conducted through a legal-institutional framework where state institutions, working in a legal-rational, predictable and effective manner, are often taken for granted. Worldwide, however the situation is very different. Private actors seize public institutions and processes accumulating ever more power and private wealth by systematically abusing, side-stepping, ignoring and tailoring formal institutions to fit their interests. Such forms of ‘state capture’ are associated with specific political risks international businesses are confronted with when operating in these countries, such as institutional ambiguity, systematic favouritism and systemic corruption."

Part I: THEORY 1. Corruption, Favouritism and Institutional Ambiguity as Political Risks – Insights from the Concept of Neopatrimonialism Hannes Meissner 2. Political Risk and International Business: Where they Interfere, Consequences, and Options Johannes Leitner Part II: COUNTRY CASE STUDIES 3. Doing Business in Armenia: The Art of Manoeuvring a System of Corruption Yevgenya J. Paturyan and Christoph H. Stefes 4. Political Risk Factors for the Business Environment in Georgia Johannes Wetzinger 5. State Capture in Azerbaijan between clan politics and ‘bureaucratic oligarchy’ Rail Safiyev 6. Doing Business in Russia: The Main Political Risks and Challenges for International Companies Julia Kusznir 7. Corruption among Ukrainian Businesses: Do Firm Size, Industry and Region Matter? Elena Denisova-Schmidt, Martin Huber and Yaroslav Prytula 8. Political Risks in Moldova - A Barrier to International Investment? Cornel Ciurea 9. Transformation of corporate governance in Turkey: Eliminating or Accommodating Political Risk for Doing Business? Digdem Soyaltin 10. Corruption and Favouritism in Romania Tina Olteanu 11. Political Risks to International Business in Bulgaria Stoycho P. Stoychev Part III: COMPANY CASE STUDIES 12. Take-off in Baku. Waagner-Biro and the new airport in Baku. Hans Frey 13. Developing a Logistics Hub in Georgia: The Case of Gebrüder Weiss. Thomas Moser 14. Advanced Siemens Medical Equipment in Modernization of Moldavian Healthcare Serghei Putilin and Otto Oberparleiter Conclusions Johannes Leitner and Hannes Meissner Editor(s).