4

Political and Legal Environment

LEARNING OBJECTIVES

After going through this chapter, you should be able to:

  • Identify the dominant political ideologies of the world

  • Understand the changing role of transnational and regional forces in shaping political systems

  • Appreciate the different dimensions of political risk in business decision making

  • Understand the interrelationship between national, regional, and international legal frameworks in the international business environment

  • Assess the dynamics of ethics in international business

Corruption in India

Corruption seems to be India's second name. Politicians, businessmen and bureaucrats are all in the thick of it, but it scaled unimaginable heights in the USD 40 billion scam involving ...

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