Managing Political Risks for Multinational Companies
This course focuses on assessing and responding to political risks that were identified in a multinationals’ host market. The students will get acquainted with management tools that help structure and prioritize different political risks by assessing the political risk factors’ probabilities to materialize and by evaluating the potential impact of the political risk factors on the multinational’s operations. In a next step, the course will introduce strategies to manage political risks according to their relevance for the multinational firm. The students will be equipped with the necessary theoretical background to understand political risk assessment and management, and at the same time, students will have the opportunity to apply their knowledge to case studies, which will be dealt with in the course.
European Economy & Business Management (Bachelor)
Language of instruction
Upon completion of this course, the successful candidate will have acquired the competences to systematically manage political risks for multinational companies. In particular, the student will be capable of: (2) Assessing the probability and impact of different political risks. (3) Prioritizing different political risks according to their relevance. (4) Designing strategies to manage political risks.