engleski

The impact of Political Risk on international Business transactions of Croatian Companies

The purpose of the paper is to evaluate the influence of political risk on international business transactions of Croatian companies and suggest ways and instruments to manage political risk. The scientific goal of this paper is to highlight the importance of the political risk in the course of international transactions by Croatian companies in order to contribute to theoretical discussion of the importance and impact of political risk in managing companies with international business operations. The expected contribution to economic science stems from the development of scientific findings about the impact of political risk on international transactions. Practical objectives of the research will attempt to identify and assess to what degree and in what way Croatian companies manage political risk, and further, we will analyze the perceptions and attitudes of the management board by Croatian companies on the importance of political risk in international business. Finally, we will try to suggest methods and instruments to manage political risk in order to increase the competitiveness of companies. The expected contribution to economic science in application terms is based on empirical research and methods to reduce exposure of Croatian companies to political risk which will be proposed and based on the analyzed results.

risk, politics, political risk, international business transactions, management

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