TY - JOUR
T1 - Managerial perceptions of political risk in international projects
AU - Al Khattab, Adel
AU - Anchor, John
AU - Davies, Eleanor
PY - 2007/10/1
Y1 - 2007/10/1
N2 - This paper examines the vulnerability of international projects to political risks. A brief review of the literature on general risks - natural, financial, cultural and political - is undertaken and then a more detailed review of the literature on political risk is presented. It was found that relatively few studies of political risk, particularly in the context of international projects, have been carried out. More particularly the focus has been almost exclusively on developed, rather than developing, countries. Questionnaires were distributed therefore to the entire target population of Jordanian international projects. The findings suggest that the political risk associated with international projects poses a threat to the majority of respondents and that the vulnerability to political risk is related to a firm's degree of internationalisation. International projects are more concerned about host-society and interstate related risks than host-government related risks.
AB - This paper examines the vulnerability of international projects to political risks. A brief review of the literature on general risks - natural, financial, cultural and political - is undertaken and then a more detailed review of the literature on political risk is presented. It was found that relatively few studies of political risk, particularly in the context of international projects, have been carried out. More particularly the focus has been almost exclusively on developed, rather than developing, countries. Questionnaires were distributed therefore to the entire target population of Jordanian international projects. The findings suggest that the political risk associated with international projects poses a threat to the majority of respondents and that the vulnerability to political risk is related to a firm's degree of internationalisation. International projects are more concerned about host-society and interstate related risks than host-government related risks.
KW - Developing countries
KW - Firm-specific characteristics
KW - Managerial perceptions
KW - Political risk
UR - http://www.scopus.com/inward/record.url?scp=34548563772&partnerID=8YFLogxK
U2 - 10.1016/j.ijproman.2007.03.006
DO - 10.1016/j.ijproman.2007.03.006
M3 - Article
AN - SCOPUS:34548563772
VL - 25
SP - 734
EP - 743
JO - International Journal of Project Management
JF - International Journal of Project Management
SN - 0263-7863
IS - 7
ER -