Country-risk measurement and analysis: A new conceptualization and managerial tool

Brown, Christopher L.; Çavuşgil, S. Tamer; Lord, A. Wayne

doi:10.1016/j.ibusrev.2014.07.012

Cited by 59 publications

(41 citation statements)

References 10 publications

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“…In an increasingly interconnected world with global commerce, it is of great importance to fully understand the role of country context on behavior and, in particular, risk perceptions and preferences (Delerue & Simon, 2009;Mihet, 2013;Rieger et al, 2014). Crossnational factors have been shown to shape risk-taking in a variety of business and management practices (Brown, Cavusgil, & Lord, 2015;Chow, Kato, & Merchant, 1996;Meschi & Riccio, 2008;Tse, Lee, Vertinsky, & Wehrung, 1988). Thus, managers of international teams or CEOs of multinational corporations need to understand and take into account differences in risk perception and risk preferences among employees of various cultures and backgrounds and of customers in different countries.…”

Section: Introductionmentioning

confidence: 99%

Catch me if I fall: Cross-national differences in willingness to take financial risks as a function of social and state ‘cushioning’

Schneider

Fehrenbacher

Weber

2017

International Business Review

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Section: Introductionmentioning

confidence: 99%

Catch me if I fall: Cross-national differences in willingness to take financial risks as a function of social and state ‘cushioning’

Schneider

Fehrenbacher

Weber

2017

International Business Review

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“…political, economic forces, etc. ), it is the factor that determines the country's attractiveness (Brown et al, 2014: Kotler et al, 2019.…”

Section: Discussionmentioning

confidence: 99%

The impact of the macro-environment on consumer scepticism towards cause-related marketing

Priporas

Kamenidou

Nguyen

et al. 2019

IMR

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Purpose The purpose of this paper is to explore how the macro-environment influences consumer scepticism towards cause-related marketing (CRM), especially in a turbulent economic setting. Design/methodology/approach An exploratory qualitative research study utilising open-ended, semi-structured Skype interviews with 26 respondents was conducted in a country experiencing economic crisis. Findings The findings demonstrate that respondents hold a strong scepticism towards CRM campaigns and they are more negative towards the CRM campaigns initiated by foreign enterprises as compared to the domestic ones. This can be attributed to ethnocentrism, or even antipathy or animosity towards foreign companies due to crisis. Furthermore, results reveal that the political and legal elements of the macro-environment have an impact on consumer scepticism towards CRM campaigns, while the impact of the economic crisis itself did not seem to be equally significant. Originality/value This work contributes to the existing literature of CRM as it is the first study that explores the impact of macro-environmental elements on consumer scepticism towards CRM within an economic turbulence setting.

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“…At the same time, it is assumed that risk arises because of a number of internal and external environmental factors to the firm; hence in this sense we speak about "sources" of risk. For instance, risk is related to sets of specific environmental (Ghoshal 1987;Miles and Snow 1978;Pfeffer & Salancik, 1978), political (Fitzpatrick, 1983;Henisz, 2000;Miller, 1992;Truitt, 1974;Slangen & Van Tulder, 2009), country-related (Aulakh & Kotabe, 1997;Brown et al, 2015;Hill et al, 1990;Klein et al, 1990) or relational (Das & Teng, 1996;Nooteboom et al, 1998) sources.…”

Section: Characterizing Uncertainty Versus Riskmentioning

confidence: 99%

Uncertainty in Entrepreneurship and Management Studies: A Systematic Literature Review

Magnani¹,

Zucchella²

2018

IJBM

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Despite the crucial role of uncertainty in entrepreneurship and management studies, the characteristics of uncertainty, its relationship with risk, and the sources of uncertainty affecting firms’ activities still require investigation. Extant literature lacks systematization, and concepts like risk and uncertainty are interchangeably used. The issue of uncertainty is present in very different fields of research but with different nuances and sometimes conflicting approaches. This work contextualises the concept of uncertainty in strategic management and entrepreneurship, because in both fields actors make decisions impacting on the survival and long run performance of their organisations. These decisions take place in a context shrouded in either high risk or uncertainty. We systematically analyse 96 papers and 28 books, and purposely integrate the economics, entrepreneurship, and organizational perspectives into our review. We contribute to extant knowledge by systematizing the literature about uncertainty. Firstly, we disentangle its construct from the construct of risk. Secondly, we reveal its complex nature, as a context at the interface between the external and the internal environment. Finally, we link this conceptualisation of uncertainty to the formation of opportunities in the processes of strategic management and entrepreneurship.

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Country-risk measurement and analysis: A new conceptualization and managerial tool

Cited by 59 publications

References 10 publications

Catch me if I fall: Cross-national differences in willingness to take financial risks as a function of social and state ‘cushioning’

Catch me if I fall: Cross-national differences in willingness to take financial risks as a function of social and state ‘cushioning’

The impact of the macro-environment on consumer scepticism towards cause-related marketing

Uncertainty in Entrepreneurship and Management Studies: A Systematic Literature Review

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