How does Political Risk affect Firm Performance ? Evidence from Telecommunications License Cancellations in India 1

  • Daniel J. Blake
  • Published 2016

Abstract

We propose that firms facing adverse political actions divert significant managerial attention from routine operations to responding to the political challenge. As finite managerial attention is spread over a greater number of novel and challenging political activities, rather than the core productive activities, firm performance suffers. Further, if there… (More)

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