Who Mismanages Student Loans and Why?
In: Review of Financial Studies, forthcoming
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In: Review of Financial Studies, forthcoming
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In: Kelley School of Business Research Paper No. 15-8
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In: Journal of Financial Economics (JFE), Forthcoming
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In: Environmental science and pollution research: ESPR, Band 30, Heft 11, S. 29727-29742
ISSN: 1614-7499
This is a post-peer-review, pre-copyedit version of an article published in Management International Review. The final authenticated version is available online at: http://dx.doi.org/10.1007/s11575-017-0331-1. ; The concept of political risk has been defined from the perspective of developed-country multinational enterprises (MNEs) and has mainly focused on the political and regulatory perils in developing host countries. However, we have limited understanding of how emerging market firms perceive political risk in international marketplaces. Adopting a case study method, we examine how Chinese MNEs perceive political risk when operating in developed and developing host countries, specifically, the European Union (EU) and Africa. Our findings show that Chinese MNEs regard their home-country origin and industry-specific restrictions as major political risks in the EU. By contrast, they consider the volatile political environment in some African countries as the main source of political risk. In addition to the sharp contrast in the political and regulatory environment between the EU and African states, Chinese MNEs commonly encounter political risks in both markets due to their own behaviour.
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