Managerial perceptions of political risk in international projects

被引:92
作者
Al Khattab, Adel [1 ]
Anchor, John [2 ]
Davies, Eleanor [2 ]
机构
[1] Al-Hussain Bin Talal University, College of Business School, Department of Business, Ma'an
[2] Huddersfield University Business School, Huddersfield, HD1 3DH, Queensgate
关键词
Developing countries; Firm-specific characteristics; Managerial perceptions; Political risk;
D O I
10.1016/j.ijproman.2007.03.006
中图分类号
学科分类号
摘要
This paper examines the vulnerability of international projects to political risks. A brief review of the literature on general risks - natural, financial, cultural and political - is undertaken and then a more detailed review of the literature on political risk is presented. It was found that relatively few studies of political risk, particularly in the context of international projects, have been carried out. More particularly the focus has been almost exclusively on developed, rather than developing, countries. Questionnaires were distributed therefore to the entire target population of Jordanian international projects. The findings suggest that the political risk associated with international projects poses a threat to the majority of respondents and that the vulnerability to political risk is related to a firm's degree of internationalisation. International projects are more concerned about host-society and interstate related risks than host-government related risks. © 2007 Elsevier Ltd and IPMA.
引用
收藏
页码:734 / 743
页数:9
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