… political risk. He then clearly differentiates between political instability and political risk: "...
political … business environment significantly do not represent risk for international business .... …

… The perspective on political risk developed in this article would lead to a prediction that
ina closed society, the direct risks stemming fromsocietal actors willbe mitigated by the …

… that the financial-risk measure contains the … political risk contains the least. We next
investigated the link between these country-risk measures and some more-standard measures of risk…

… political risk as a concept should encompass all aspects of the risk to international business
that are contained in its political … to define political event risk rather than political risk. Such a …

… spread that is due to political risk, making use of political risk ratings. In addition, we … political
risk ratings are predictive, on average, of future risk realizations using data on political risk …

… high aggregate political risk. Decomposing our measure of political risk by topic, we find that
firms that devote more time to discussing risks associated with a given political topic tend to …

… of political risk, and tries to identify those political risk components that matter most for
multinationals. Political risk is related to the risk that … Changes in government policy and/or political …

… In this paper, I develop a model that measures the effects of political risk on the outcome
of … from the political event or events in question. The evolutionary process of political risk is …

… Using analyst estimates of political risk, we show that average returns in emerging markets
… political risk exceed those of emerging markets experiencing increased political risk by …

… relationship between political institutions and political risk. In this paper I utilize price data
from political risk insurance agencies to directly test how domestic political institutions affect …