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Does Religious Freedom Affect Country Risk Assessment?

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Authors
Alon, Ilan; Spitzer, John
Issue Date
2003-12
Publisher
Institute of International Affairs, Graduate School of International Studies, Seoul National University
Citation
Journal of International and Area Studies, Vol.10 No.2, pp. 51-62
Keywords
Religious FreedomCountry RiskBusiness Environment
Abstract
Investors and lenders, when evaluating the risks of a country, generally base their assessment on the political and social environment of a country. Accordingly, a number of studies examining the economic and political factors affecting country risk assessment have surfaced, but no known researches have studied the impact of religious freedom, which is an influential element in the political and social environment of a country, on international business. This study analyzes the relationship between religious freedom and the three measures of country risk: ICRG, Institutional Investor and Euromoney. Although the empirical results are mixed, this article maintains that religious freedom is likely to affect the international business environment.
ISSN
1226-8550
Language
English
URI
http://hdl.handle.net/10371/96392
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Graduate School of International Studies (국제대학원)Dept. of International Studies (국제학과)Journal of International and Area StudiesJournal of International and Area Studies vol.10 (2003)
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