CEU eTD Collection (2018); Schipul, Paul: Lafarge Has Never Run Away: A Study Of Corporate Political Risk Management In The Syrian Civil War

CEU Electronic Theses and Dissertations, 2018
Author Schipul, Paul
Title Lafarge Has Never Run Away: A Study Of Corporate Political Risk Management In The Syrian Civil War
Summary The subject of my thesis is the study of political risk management practices and how they relate to decision-making for corporate actors in emerging markets when areas of operation become conflict zones. The case study I look at is Lafarge Cement Syria, a recently lost cement production facility in Syria that was forced to contend with the outbreak of the Syrian Civil War. The company decided to maintain operations despite the decision of other multinationals to vacate the country. I argue that its internal political risk management practices, no matter how well designed, likely would not have changed Lafarge’s decision to stay during the conflict, to the eventual detriment of the company, its employees on the ground, and several of its executives. I do this through exploring other political risk management practices as well as Lafarge’s conduct.
Supervisor Sitter, Nick
Department School of Public Policy MA
Full texthttps://www.etd.ceu.edu/2018/schipul_paul.pdf

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