This book recommends and examines the various approaches to incorporating an accurate measure of risk into the appraisal of an international investment. It considers the way in which decisions on international investment projects are taken and how they should be. It critiques and integrates existing
Risk and Foreign Direct Investment
โ Scribed by Colin White, Miao Fan (auth.)
- Publisher
- Palgrave Macmillan UK
- Year
- 2006
- Tongue
- English
- Leaves
- 274
- Edition
- 1
- Category
- Library
No coin nor oath required. For personal study only.
โฆ Synopsis
Incorporating an accurate measure of risk is important to the appraisal of an international investment. This book examines and recommends how decisions on international investment projects are made. Critiquing and integrating existing theory, it shows how risk can be incorporated into the present value formula produce a clear decision rule.
โฆ Table of Contents
Front Matter....Pages i-xii
Introduction....Pages 1-3
Front Matter....Pages 5-5
A Review of Theory Concerning Risk and the Foreign Investment Decision....Pages 7-22
Risk and Risk-generating Events....Pages 23-40
Home Country Bias in Foreign Direct Investment....Pages 41-59
Front Matter....Pages 61-62
The Investment Process and Decision Making: the Financial Perspective....Pages 63-83
The Investment Process and Decision Making: the Strategic Perspective....Pages 84-103
The Investment Process and Decision Making: the Organisational Perspective....Pages 104-124
Front Matter....Pages 125-126
The Context of Risk....Pages 127-145
Country Risk....Pages 146-167
Enterprise and Project Risk....Pages 168-186
Front Matter....Pages 187-187
Responses to Risk....Pages 189-208
The Behaviour of FDI....Pages 209-235
Conclusion....Pages 236-239
Back Matter....Pages 240-265
โฆ Subjects
Risk Management;International Business;International Economics
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