Strategies for political risk mediation by international firms in transition economies: the case of Bulgaria

Iankova, Elena A.; Katz, Jan Hack

doi:10.1016/s1090-9516(03)00018-x

Cited by 62 publications

(46 citation statements)

References 11 publications

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“…Political risk, as suggested by Brink [8], arises from both political and societal sources. Iankova and Katz [28] defined societal risk as risk arising from political actions of non-governmental organisations which include revolutions, coups d'état and civil wars. Nevertheless, political risk studies use different terms to refer to such non-governmental risks.…”

Section: Host-society Riskmentioning

confidence: 99%

Managerial perceptions of political risk in international projects

Khattab

Anchor

Davies

2007

International Journal of Project Management

104

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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.

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Section: Host-society Riskmentioning

confidence: 99%

Managerial perceptions of political risk in international projects

Khattab

Anchor

Davies

2007

International Journal of Project Management

104

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“…Another important obstacle is the poorly functioning institution of property rights, particularly in the case of the Russian economy (Gans-Morse 2012). The presence of a wide spectrum of political risks highlights the necessity of a better strategic fit of an organization to the context of its external environment, signifying the importance of the strategic flexibility of the firm (Iankova/Katz 2003). On the other hand, the fast pace of economic growth has brought opportunities for firms to capitalize upon what could not be found in developed markets.…”

Section: Managerial Discretion In the Context Of Transition Economiesmentioning

confidence: 99%

An integrative view on managerial discretion: A study of a Russian firm in transition

Ponomareva¹,

Umans²

2017

Management in CEE Countries Between 1996 and 2016

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“…Organizations which are 'heavily' involved in international business, according to Suder (2006), Chapman and Ward (2003) and Green (2005), face greater risks and consequently place more emphasis on risk management. Studies of risk management in the context of Bulgaria (Iankova & Katz, 2003) and Jordan (Al Khattab et al, 2008b) found that organizations which had greater international risk exposure had more interest in risk integration. The organization's degree of internationalization can therefore influence its practices through the exposure to various risk sources in international markets.…”

Section: Determinants Of Irmmentioning

confidence: 99%

The Risk Management Process in Jordanian Public Shareholding Organisations

Khattab¹,

Hood²

2015

IJBM

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Risk management, as a business practice in developing and emerging nations, is an under-researched area. The aim of this paper is to contribute to the development of risk management theory and practice by examining the determinants of the integration of risk management within public shareholding organizations in an Arab country, Jordan.A survey strategy was used and questionnaires were distributed to Jordanian organizations listed on the Amman Stock Exchange. Parametric statistics such as Pearson's correlation coefficient and analysis of variance were used to achieve the aim and objectives, which were all related to risk management practice and its wider implications for general management.The main finding of this research is that the level of integrated risk management within many Jordanian organizations is variable, but that it is significantly correlated with the type of industry; financial organizations are more likely to be involved in risk management than service or industrial organizations.

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Strategies for political risk mediation by international firms in transition economies: the case of Bulgaria

Cited by 62 publications

References 11 publications

Managerial perceptions of political risk in international projects

Managerial perceptions of political risk in international projects

An integrative view on managerial discretion: A study of a Russian firm in transition

The Risk Management Process in Jordanian Public Shareholding Organisations

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