Enterprise and Political Risk Management in Complex Systems by K. Ensor, L. Kyj, & G. C. Marfin

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  • 8/9/2019 Enterprise and Political Risk Management in Complex Systems by K. Ensor, L. Kyj, & G. C. Marfin

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    TBH KAX_@JI AC H@H_MV

    J@D DHSHIA^LH@T

    Ejtbhrf`h O. H`war) Ijdj Evk) j`d Mjrv G. Ljrcf`)

    H`thr~rfwh j`d ^aiftfgji _fwe Lj`jmhlh`t f`

    Gal~ih Wvwthlw)

    Saixlh 7?) @xlohr ?

    Ga~vrfmbt ?>>6

  • 8/9/2019 Enterprise and Political Risk Management in Complex Systems by K. Ensor, L. Kyj, & G. C. Marfin

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    H@TH_^_FWH J@D ^AIFTFGJI _FWE

    LJ@JMHLH@T F@ GAL^IHR WVWTHLW

    Ejtbhrf`h O. H`war) Ijdj Evk) j`d Mjrv G. Ljrcf`+

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    gfjtfa`. Tbh jxtbar bjw whrshd a` tbh hdftarfji oajrdw ac Thgb`alhtrfgw) Kaxr`ji ac WtjtfwtfgjiGal~xtjtfa` j`d Wflxijtfa`) j`d gxrrh`tiv fw j` jwwagfjth hdftar car tbh Kaxr`ji ac tbh Jlhrfgj`

    Wtjtfwtfgji Jwwagfjtfa`. Wbh baidw rhwhjrgb mrj`tw cral tbh @jtfa`ji Wgfh`gh Cax`djtfa`) tbh Jrlv

    _hwhjrgb Accfgh) tbh Gftv ac Baxwta`) j`d tbh @jtfa`ji F`wtftxthw ac Bhjitb.

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    jw }hii jw ljef`m j `xlohr ac ~rachwwfa`ji ~rhwh`tjtfa`w.

    Mjrv G. Ljrcf`) `a} Jwwagfjth Dhj` ac tbh Mharmh _. Ora}` Wgbaai ac H`mf`hhrf`m jt _fgh

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    hwtjoifwbhd j`d fl~ihlh`thd j` j~~rajgb car jwwhwwf`m ~aiftfgji rfwe f` ljkar gj~ftji f`shwtlh`t

    ~rakhgtw. Bh bjw whrshd a` tbh oajrd ac tbh Baxwta` gbj~thr ac tbh Jwfj Wagfhtv j`d tbh Baxwta`

    ]arid Jccjfrw Gax`gfi) }bhrh bh whrshd jw gbjfr f` ?>>:,?>>?. Lr. Ljrcf`) }ba baidw j O.J. j`d

    L.J. cral tbh X`fshrwftv ac Baxwta`) bjw ohh` j lhlohr ac tbh jdkx`gt cjgxitv j`d j ihgtxrhr f` tbh

    Khwwh B. Ka`hw Mrjdxjth Wgbaai ac Lj`jmhlh`t jt _fgh. @ath; Tbfw rhwhjrgb }jw wx~~arthd ov tbh

    _fgh Miaoji H`mf`hhrf`m j`d Ga`wtrxgtfa` Carxl) tbh @jtfa`ji Wgfh`gh Cax`djtfa`) j`d tbh Jrlv

    _hwhjrgb Accfgh.

    Tbh Kaxr`ji ac H`hrmv j`d Dhshia~lh`t) Sai. 7?) @a. ?

    Ga~vrfmbt ?>>6 ov tbh F`thr`jtfa`ji _hwhjrgb Gh`thr car H`hrmv j`d Hga`alfg Dhshia~lh`t"FGHHD&. Jii rfmbtw rhwhrshd.

    ?:2

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    hsh`tw.: ]ftb rhw~hgt ta ~aiftfgji rfwe) fc a`h ga`wfdhrw tbh f`dxwtrvw ia`m bfwtarv)

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    hga`alfgw.

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    Dhw~fth j~~jrh`t ~ramrhww f` jtthl~tw ta jwwhww ~aiftfgji rfwe) }h ljf`tjf` tbjt

    larh `hhdw ta oh da`h. W~hgfcfgjiiv) f` tbfw ~j~hr j`d }ftb j cagxw a` carhfm`

    dfrhgt f`shwtlh`t) }h jrmxh) cfrwt) tbjt tbh jwwhwwlh`t ac ~aiftfgji rfwe car j`v mfsh`

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    trfhw tbjt lfmbt atbhr}fwh j~~hjr x`rhijthd. Wtjthd dfcchrh`tiv) ba}hshr ~racftjoih

    j ~rakhgt f` j mfsh` gax`trv lfmbt oh) ft `a`htbhihww ljv oh wxwgh~tfoih ta jdshrwh

    hsh`tw mhamrj~bfgjiiv cjr jcfhid cral j`d ~awwfoiv frrhihsj`t ta tbh ~rakhgtw balh.

    Axr whga`d jrmxlh`t fw tbjt tbh jwwhwwlh`t ac ~aiftfgji rfwe wbaxid oh ojwhd a` j

    wtjtfwtfgji j~~rajgb gj~joih ac gbjrjgthrf{f`m htrhlh hsh`tw. ]h wba} ba} a`h

    wxgb j~~rajgb) zxj`tfih rhmrhwwfa`) gj` oh xwhd car tbjt ~xr~awh.

    Ohcarh ~raghhdf`m) ft fw }artb `atf`m tbjt oatb ~af`tw joash) }bfih rhijthd) jrh

    j`jivtfgjiiv dfwtf`mxfwbjoih. F` }bjt caiia}w }h ga`wtrxh tbh carlhr jw dhjif`m

    }ftb tbh dhthrlf`jtfa` ac ~rakhgt,w~hgfcfg ~aiftfgji rfwe) j`d tbh ijtthr jw dhjif`m}ftb sjixh,jt,rfwe jw j~~ifhd ta tbh tatjiftv ac j` h`thr~rfwh.

    Dalf`ahw f` tbh _axmb

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    gax`trv "ar gax`trfhw f` tbh gjwh ac graww,oardhr ~rakhgtw&) fw tbh j~~ra~rfjth

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    `jtfa`w ~aiftfgji rfwe gj` f`gixdh jtthl~tw ta mjxmh ftw ~ra~h`wftv car f`thr, j`d

    f`trj,wtjth ga`cifgt) tbh wtjofiftv ac tbh rhmflh) tbh hccfgfh`gv ac ftw ~aiftfgji

    f`wtftxtfa`w) ftw ashrjii ~aifgv crjlh}are) ftw }fiif`m`hww ta ba`ar ga`trjgtxji

    jrrj`mhlh`tw; jii j`d atbhr cjgtarw ar jrhjw gj` oh fdh`tfcfhd f` wxgb j`

    jwwhwwlh`t. @hhdihww ta wjv) f` j`v mfsh` gax`trv ft fw tbh ~raojofiftv ac jdshrwh

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    ihshi ac rfwe rhijtfsh ta atbhr `jtfa`wjt tbh ihshi ac gax`trv rfwe.

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    lfmbt oh ga`wfdhrf`m j` f`shwtlh`t f` j `jtfa` }bhrh tbh rhmflh fw wtjoih j`d tbh

    H@TH_^_FWH J@D ^AIFTFGJI _FWE LJ@JMHLH@T ?:6

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    Tbh gal~j`v lfmbt ohifhsh tbhrh fw j` 2>,~hrgh`t ~raojofiftv tbjt tbh rhmflh }fii

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    ~jvlh`tw. ]fii tbh gal~j`v ~jv :> ~hrgh`t) ?> ~hrgh`t) ar larh f` tjhw1

    Jitbaxmb ft gj` oh dfccfgxit) tbh jwwhwwlh`t dhwgrfohd joash fw `at f`trjgtjoih.

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    rhivf`m a` wxokhgtfsh ~raojofiftfhw fw `at x`fzxh ta ~aiftfgji rfwe jwwhwwlh`tw. Larh

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    gax`trfhw.

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    cral tbh ~hrw~hgtfsh ac miaoji cf`j`gfji ljrehtw. ^hrbj~w `at wxr~rfwf`miv) tbh djtjj~~hjr ta wx~~art f`grhjwf`m garrhijtfa` jgraww miaoji ljrehtw ashr tflh.

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    Lhfga) Gaixlofj) ^hrx&5 "o& Hxra~h hlhrmf`m "Mrhhgh) ^artxmji) ^aij`d) Tbh

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    TBH KAX_@JI AC H@H_MV J@D DHSHIA^LH@T??>

  • 8/9/2019 Enterprise and Political Risk Management in Complex Systems by K. Ensor, L. Kyj, & G. C. Marfin

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    j`d Gj`jdj&5 j`d "c& Aghj`fj!Jwfj dhshia~hd "Jxwtrjifj) @h} [hjij`d) Ba`m

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    H@TH_^_FWH J@D ^AIFTFGJI _FWE LJ@JMHLH@T ??:

  • 8/9/2019 Enterprise and Political Risk Management in Complex Systems by K. Ensor, L. Kyj, & G. C. Marfin

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    hth`t tbjt ljreht sjixhw jrh `at f`dh~h`dh`t oxt miaojiiv garrhijthd) j`v mfsh`

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    M_AX^) KJ@XJ_V :663 TB_AXMB DHGHLOH_ ?>>=

    "ojwh mrax~ < :&

    TBH KAX_@JI AC H@H_MV J@D DHSHIA^LH@T???

  • 8/9/2019 Enterprise and Political Risk Management in Complex Systems by K. Ensor, L. Kyj, & G. C. Marfin

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    Tbhrh jrh) ~hrbj~w x`dhrwtj`djoiv) j sjrfhtv ac j~~rajgbhw hl~iavhd car dhthr,

    lf`f`m tbh SJ_ ac j` h`thr~rfwh. ]bjthshr tbh j~~rajgb xwhd) tbh xitfljth aokhgtfshfw ta dhthrlf h tbh iaww "ar mjf`& f` sjixh jt j mfsh` ga`cfdh`gh ihshi ashr j w~hgfcfhd

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    wzxjrhw "AIW& rhmrhwwfa` hwtfljthw. AIW rhmrhwwfa` ~rasfdhw j` hwtfljth ac tbh

    ga`dftfa`ji lhj` ac j dfwtrfoxtfa` jw j cx`gtfa` ac h~ij`jtarv sjrfjoihw. Tbh SJ_

    fw tbh` gal~xthd ov hjlf`f`m tbh ohbjsfar ac tbh dfwtrfoxtfa` jt a`h) t}a) arlarh wtj`djrd dhsfjtfa`w j}jv cral tbfw lhj` "whh cfmxrh 4&. T}a wtj`djrd

    dhsfjtfa`w garrhw~a`d ta tbh 68,~hrgh`t ga`cfdh`gh ihshi.

    Cfmxrh 7GA@SH_MH@GH AC LJ_EHTW; GA__HIJTFA@ AC ^H_GH@T _HTX_@W ASH_

    TFLH) HLH_MF@M JWFJ@ GAX@T_FHW "JWFJ,H& JW OJWH M_AX^)

    KJ@XJ_V :663 TB_AXMB DHGHLOH_ ?>>=

    "ojwh mrax~ < :&

    H@TH_^_FWH J@D ^AIFTFGJI _FWE LJ@JMHLH@T ??7

  • 8/9/2019 Enterprise and Political Risk Management in Complex Systems by K. Ensor, L. Kyj, & G. C. Marfin

    8/14

    A`h ~raoihl }ftb AIW fw tbjt ft ljv cjfi ta gbjrjgthrf{h tbh ohbjsfar ac

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    ga`wfwth`t jgraww tbh dfwtrfoxtfa` ac tbh sjixh ac tbh f`shwtlh`t.

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    jggax`t car tbh ohbjsfar ac ~aiftfgji rfwe cjgtarw jt tbh htrhlhw) }h ga`wtrxgthdtbrhh tv~hw ac ~artcaifaw; h`thr~rfwh ~artcaifaw) dhshia~hd gax`trv ~artcaifaw) j`d

    hlhrmf`m gax`trv ~artcaifaw. Hjgb wht gashrhd tbh vhjrw :664 ta ?>>3 j`d

    Cfmxrh 4X@DH_WTJ@DF@M SJIXH JT _FWE

    "f` tbaxwj`d daiijrw&

    TBH KAX_@JI AC H@H_MV J@D DHSHIA^LH@T??4

  • 8/9/2019 Enterprise and Political Risk Management in Complex Systems by K. Ensor, L. Kyj, & G. C. Marfin

    9/14

    galof`hd tbh LWGF djtj dhwgrfohd hjrifhr }ftb tbh ~aiftfgji rfwe rj`ef`mw cral tbh

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    j`d tbh }hfmbtw jrh dfw~ijvhd f` tjoih :.

    Ga`wtrxgtf`m ^artcaifaw; Jw `athd ~rhsfaxwiv) }h ga`wtrxgthd tbrhh tv~hw ac

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    ga``ath) ga`wfwthd ac LWGF baidf`mw f` dhshia~hd ar hlhrmf`m gax`trfhw. ]bjt

    }h jrh gjiif`m tbh h`thr~rfwh ~artcaifa fw larh ac j oih`d ac baidf`mw. Axr jfl fw) jt

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    tbjt tbfw ~artcaifa }axid oh jdkxwthd a` j` j``xji ojwfw) jw j carhfm` dfrhgt f`shwtarlfmbt jiiagjth gj~ftji h~h`dftxrhw dxrf`m j` j``xji oxdmht rhsfh} ~raghww.

    Tjoih :MHA^AIFTFGJI _FWE SJ_FJOIHW

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    Tatji :>>

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    H@TH_^_FWH J@D ^AIFTFGJI _FWE LJ@JMHLH@T ??8

  • 8/9/2019 Enterprise and Political Risk Management in Complex Systems by K. Ensor, L. Kyj, & G. C. Marfin

    10/14

    Dxrf`m tbfw jdkxwtlh`t tbrhh dhgfwfa`w jrh jsjfijoih. W~hgfcfgjiiv) xwf`m j ~rao,

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    ac tbh ~raoihl ac rhivf`m a` AIW jw a~~awhd ta zxj`tfih rhmrhwwfa` hwtfljthw. F`

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    ac :? ~af`tw j`d ftwhic ga`wfwtw ac tbrhh wxogal~a`h`tw; ga`trjgt sfjofiftv!h~ra,

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    Cfmxrh 8DHWFM@ ^_AGHWW CA_ WFLXIJTF@M H@TH_^_FWH ^A_TCAIFAW

    WFLXIJTFA@ WGBHLJTFG

    TBH KAX_@JI AC H@H_MV J@D DHSHIA^LH@T??3

  • 8/9/2019 Enterprise and Political Risk Management in Complex Systems by K. Ensor, L. Kyj, & G. C. Marfin

    11/14

    }bhrh tbh SJ_ fw aotjf`hd xwf`m hftbhr AIW ar zxj`tfih rhmrhwwfa`. Jw tbh tjoih

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    trfoxtfa` ac tbh f`shwtlh`t.

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    H@TH_^_FWH J@D ^AIFTFGJI _FWE LJ@JMHLH@T ??=

  • 8/9/2019 Enterprise and Political Risk Management in Complex Systems by K. Ensor, L. Kyj, & G. C. Marfin

    12/14

    Ga`gixdf`m Aowhrsjtfa`w

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    hftw. . . .2

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    sfh}) }h ~rasfdhd) f` tbh cfrwt ~jrt ac tbfw ~j~hr) wx~~art car tbh ga`th`tfa` tbjt) f`tbh jwwhwwlh`t ac ~aiftfgji rfwe jt tbh ~rakhgt ihshi) ft fw fl~artj`t ta ga`wfdhr tbh

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    TBH KAX_@JI AC H@H_MV J@D DHSHIA^LH@T??2

  • 8/9/2019 Enterprise and Political Risk Management in Complex Systems by K. Ensor, L. Kyj, & G. C. Marfin

    13/14

    ftwhic ljv jdshrwhiv) jiohft f`dfrhgtiv) jcchgt tbh sjixh ac tbh ~rakhgt. Tbfw ~awwf,

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    taa f` tbh cf`j`gfji jrh`j; htrhlh hsh`tw bj~~h`) hsh` ta wljrt ~ha~ih. Ia`m,

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    gashrhd tbjt tbh tjfiw ac tbh dfwtrfoxtfa` ac tbhfr gal~ih ~artcaifa }hrh cjtthr

    tbj` tbhv bjd h~hgthd.6

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    ohbjsfar ga`dftfa`ji a` tbjt lhj`. Tbh zxj`tfih rhmrhwwfa` thgb`fzxh hl~iavhd f`

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    ihshi.

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    tbjt ~awwfofiftv) oxt ft }axid ghrtjf`iv whhl ta }jrrj`t j`jivwfw f` tbh cxtxrh.

    Jw wtjthd jt tbh axtwht) ~aiftfgji rfwe fw `atbf`m `h} ta tbh h`hrmv f`dxwtrv.

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  • 8/9/2019 Enterprise and Political Risk Management in Complex Systems by K. Ensor, L. Kyj, & G. C. Marfin

    14/14

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