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| Author: | Feils, D. J. Sabac, F. M. |
| Title: | The impact of political risk on the foreign direct investment decision: a capital budgeting analysis |
| Journal: | Engineering Economist
2000 : VOL. 45:2, p. 129-143 |
| Index terms: | Capital budgeting Political risks Foreign investment |
| Language: | eng |
| Abstract: | Using a capital budgeting framework, the impact of political risk on the foreign direct investment decision is examined. Political risk may alter operating cash flows via discriminatory regulations as well as the investment via expropriation. |
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