'This book is about political risk for multinational companies. It describes and analyzes the complex, conflicting relationships between politics and international business. First, a
theoretical framework is meticulously constructed. Second, a new dataset on political risk is presented and analyzed. Third, a statistical investigation of the relationship between risks and
the location decisions of multinationals is performed. Eye-catching examples of political risk phenomena - such as kidnappings, nationalizations, and armed conflicts - are presented and
commented upon throughout the text. The broad focus and real-world examples will provide valuable lessons for business managers, government officials, political risk analysts, and insurers and,
more broadly, all students of global affairs and international business.'--Back cover
