July 2013
Intermediate to advanced
352 pages
15h 18m
English
In this chapter, you will learn about:
The nature of country risk
Political systems
Legal systems
Types of country risk produced by political and legal systems
The nature of government intervention
Instruments of government intervention
How firms can respond to government intervention
Most of us expect a familiar business landscape when conducting business at home. But foreign markets frequently differ in terms of political and legal systems. Managers must be able to navigate difficult regulations and practices and avoid unethical or questionable conduct. At the same time, the political and legal context can present ...