1st Edition

State Capture, Political Risks and International Business Cases from Black Sea Region Countries

Edited By Johannes Leitner, Hannes Meissner Copyright 2017
256 Pages 10 B/W Illustrations
by Routledge

254 Pages 10 B/W Illustrations
by Routledge

254 Pages 10 B/W Illustrations
by Routledge

In the OECD-area states provide security business to be conducted through a legal-institutional framework where state institutions, working in a legal-rational, predictable and effective manner, are often taken for granted. Worldwide, however the situation is very different. Private actors seize public institutions and processes accumulating ever more power and private wealth by systematically... Read more

Preface by Heiko Pleines

Introduction: State Capture, Political Risk and International Business

Johannes Leitner and Hannes Meissner

Part I: THEORY

1. Corruption, Favouritism and Institutional Ambiguity as Political Risks – Insights from the Concept of Neopatrimonialism

    Hannes Meissner

2. Political Risk and International Business: Where they Interfere, Consequences, and Options

    Johannes Leitner

    Part II: COUNTRY CASE STUDIES

3. Doing Business in Armenia: The Art of Manoeuvring a System of Corruption

    Yevgenya J. Paturyan and Christoph H. Stefes

4. Political Risk Factors for the Business Environment in Georgia

    Johannes Wetzinger

5. State Capture in Azerbaijan between clan politics and ‘bureaucratic oligarchy’

    Rail Safiyev

6. Doing Business in Russia: The Main Political Risks and Challenges for International Companies

    Julia Kusznir

7. Corruption among Ukrainian Businesses: Do Firm Size, Industry and Region Matter?

    Elena Denisova-Schmidt, Martin Huber and Yaroslav Prytula

8. Political Risks in Moldova - A Barrier to International Investment?

    Cornel Ciurea

9. Transformation of corporate governance in Turkey: Eliminating or Accommodating Political Risk for Doing Business?

    Digdem Soyaltin

10. Corruption and Favouritism in Romania

    Tina Olteanu

11. Political Risks to International Business in Bulgaria

    Stoycho P. Stoychev

    Part III: COMPANY CASE STUDIES

12. Take-off in Baku. Waagner-Biro and the new airport in Baku.

    Hans Frey

13. Developing a Logistics Hub in Georgia: The Case of Gebrüder Weiss.

    Thomas Moser

14. Advanced Siemens Medical Equipment in Modernization of Moldavian Healthcare

Serghei Putilin and Otto Oberparleiter

Conclusions

Johannes Leitner and Hannes Meissner

Biography

Johannes Leitner is head of the Competence Center for Black Sea Region Studies at the University of Applied Sciences BFI Vienna, Austria.

Hannes Meissner is a senior researcher and lecturer in the Competence Centre for Black Sea Region Studies at the University of Applied Sciences BFI Vienna, Austria.