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The Shield of Nationality: When Governments Break Contracts with Foreign Firms - Couverture souple

Wellhausen, Rachel L.

 
9781107443167: The Shield of Nationality: When Governments Break Contracts with Foreign Firms

Synopsis

There is extraordinary variation in how governments treat multinational corporations in emerging economies; in fact, governments around the world have nationalized or eaten away at the value of foreign-owned property in violation of international treaties. This even occurs in poor countries, where governments are expected to, at a minimum, respect the contracts they make with foreign firms lest foreign capital flee. In The Shield of Nationality, Rachel Wellhausen introduces foreign-firm nationality as a key determinant of firms' responses to government breaches of contract. Firms of the same nationality are likely to see a compatriot's broken contract as a forewarning of their own problems, leading them to take flight or fight. In contrast, firms of other nationalities are likely to meet the broken contract with apparent indifference. Evidence includes quantitative analysis and case studies that draw on field research in Ukraine, Moldova, and Romania.

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À propos de l'auteur

Rachel Wellhausen is an assistant professor of government and holds courtesy appointments at the McCombs School of Business and the Center for Russian, Eastern European, and Eurasian Studies at the University of Texas, Austin. She is co-editor of Production in the Innovation Economy (2014), an interdisciplinary volume emerging from the multiyear MIT project on the links between innovation and manufacturing in the United States and abroad. Wellhausen has published in the Journal of Conflict Resolution, International Studies Quarterly, Business and Politics, and Systems and Synthetic Biology. She has also worked in the political risk industry.

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Autres éditions populaires du même titre

9781107082762: The Shield of Nationality: When Governments Break Contracts with Foreign Firms

Edition présentée

ISBN 10 :  1107082765 ISBN 13 :  9781107082762
Editeur : Cambridge University Press, 2014
Couverture rigide