States and Companies: Political Risks in the International Oil Industry Lax, Howard L.

Because political events can determine the success or failure of an investment abroad, transnational companies must make every effort to analyze political risks as part of the decisionmaking process. States and Companies, presents a conceptual framework for the analysis of political risk. Although the author focuses his study on the international oil industry, his explanatory model of political risk is applicable to most transnational companies. Lax's study is important because it focuses on developing a context for understanding political risk rather than simply offering a predictive methodology.

DOI: 10.1336/0275930742 Mouse over the Digital Object Identifier (DOI) to learn more about this book or related books published by Greenwood Publishing Group. Visit the Greenwood Publishing Group page for this title: http://www.greenwood.com/catalog/C3074.aspx

States and Companies: Political Risks in the International Oil Industry Hardback, 209 pages, $98.95 Copyright ©1988, Praeger Publishers ISBN: 0-275-93074-2 DOI: 10.1336/0275930742

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