Political risks as firm-specific (dis)advantages: evidence on transnational oil firms in Nigeria

Frynas, Jedrzej George and Mellahi, Kamel (2003) Political risks as firm-specific (dis)advantages: evidence on transnational oil firms in Nigeria. Thunderbird International Business Review., 45 (5). pp. 541-565. ISSN 1096-4762

Full text is not in this repository.

Official URL: http://tinyurl.com/ykfrx32

This item is available in the Library Catalogue


The international business literature has recognized that political risk can be firmspecific, but it has so far focused almost exclusively on the national business environment rather than the firm itself. Scholars have still largely confined firms to the role of relatively passive bystanders who, at best, can forecast political risks with some precision or guard against risk (e.g., through insurance). The basic premise of this article, however, is that transnational corporations (TNCs) can be active actors capable of acquiring and upgrading firm-specific resources and capabilities for coping with or even benefiting from political risk. The research is based on the case of the Nigerian oil industry. The research provides evidence to suggest that the same political events can have varying effects on different transnational firms depending on their strategic resources and capabilities, and can benefit specific firms under certain circumstances.

Item Type:Article
Research Areas:Business School > International Management and Innovation
Business School > International Management and Innovation > Corporate Social Responsibility and Business Ethics group
ID Code:951
Useful Links:
Deposited On:05 Feb 2009 17:19
Last Modified:15 Oct 2014 12:48

Repository staff only: item control page

Full text downloads (NB count will be zero if no full text documents are attached to the record)

Downloads per month over the past year