Terrorism and How it Affects Business
In the world currently, Terrorism has led to a significant impact on the success of the business systems. With the elevation rate of terrorism effects, more investors and organizations have been forced to vacate the market. Terrorism generally affects various sectors in the economic structure which impacts business growth. In this paper, we will analyze multiple scholarly journals contributions on the impact of terrorism in the business system.
Powers, M., & Choi, S. W. (2012). Does transnational terrorism reduce foreign direct investment? Business-related versus non-business-related terrorism. Journal of Peace Research, 49(3), 407-422.Retrived from https://journals.sagepub.com/doi/abs/10.1177/0022343312436768.
The authors of this journal analyzed the impact of terrorism on foreign direct investment in a particular country. According to the opinion research of the authors stated that terrorism affects both business related and non-business related sectors. The article gives a clear implication caused by terrorism challenge in the economic stability of a country. On the hand, the journal contributes heavily to the development and security of the socioeconomic structures of a particular state.
Essaddam, N., & Karagianis, J. M. (2014). Terrorism, country attributes, and the volatility of stock returns. Research in International Business and Finance, 31, 87-100. Retrieved from https://www.sciencedirect.com/science/article/pii/S0275531913000731.
According to this authors opinion, Terrorism effects impact the rate of stock returns a country receives. Essaddam and Karagiannis highlighted the impact terrorism factor would contribute to the growth of the economic structure of the country. The following authors have clearly illustrated how terrorism hinders the productivity of the stock rates structures. This journal contributes tremendously to the subject of socio-economic stability a country faces in their day to day activity.
References
Essaddam, N., & Karagianis, J. M. (2014). Terrorism, country attributes, and the volatility of stock returns. Research in International Business and Finance, 31, 87-100. Retrieved from https://www.sciencedirect.com/science/article/pii/S0275531913000731.
Powers, M., & Choi, S. W. (2012). Does transnational terrorism reduce foreign direct investment? Business-related versus non-business-related terrorism. Journal of Peace Research, 49(3), 407-422.Retrived from https://journals.sagepub.com/doi/abs/10.1177/0022343312436768.