![]() Governments are no longer the only ones playing an important role in business decisions. Everything is more complex and intertwined. Nowadays, the public and the private sphere are constantly changing and evolving. Rice and Zegart define the twenty-first-century political risk as the probability that a political action could significantly affect a company’s business. Their ultimate objective is to provide functional framework that can be utilized in any organization or by any person to improve political risk management. ![]() ![]() Consequently, theoretical framework is added as they advance in the explanation, in this way making it useful for the reader in order to understand, analyze, mitigate and answer efficiently to political risks. The authors start by explaining the contemporary concept of political risk. The work titled Political Risk: How Businesses and Organizations can Anticipate Global Insecurity is divided into ten chapters. Motivated by their students, they decided to turn their classes into a book in order to allow more people and organizations to navigate the waters of political risk. ![]() The classes are taught by former U.S Secretary of State Condoleezza Rice and the renowned academic Amy B. Every year Stanford Graduate School of Business offers their students a seminar in Political Risk. ![]()
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