Wahl, Jack E.; Broll, Udo - In: Frontiers in Finance and Economics 7 (2010) 1, pp. 21-33
Instruments of risk mitigation play an important role in managing country risk within the foreign direct investment … (FDI) decision. Our study assesses country risk by state-dependent preferences and introduces futures contracts as a tool … of risk mitigation. We show that foreign direct investment related country risk assessments do not matter if the …