POLITICAL RISK IN INTERNATIONAL CAPITAL BUDGETING
Abstract
One of the practical difficulties of international capital budgeting is how to incorporate political risk into the decision process. This paper examines the nature of political risk and the use of analytical techniques in the evaluation of such risk. Questionnaire and interview findings from a survey of UK multinational companies suggest that corporate practice differs from the theoretical ‘textbook’ treatment of this type of risk.
Citation
Goddard, S. (1990), "POLITICAL RISK IN INTERNATIONAL CAPITAL BUDGETING", Managerial Finance, Vol. 16 No. 2, pp. 7-12. https://doi.org/10.1108/eb013639
Publisher
:MCB UP Ltd
Copyright © 1990, MCB UP Limited