![]() ![]() The increasing effects of globalization (cf. However, the consideration of geopolitical risks is also importantįor small and medium-sized nationally active companies throughĪ. Of the most important risks of the future (along with cyber risks, recruitment risks, climateĬhange risks, see. Most multinational companies consider geopolitical risks to be one The current significance of geopolitical risks is highlighted by numerous publications ofĬompany surveys. ![]() ![]() Significance, definition and distinction of geopolitical risks The aim is to integrateįuture geopolitical risks into the Value at Risk concept as objectively and comprehensibly as Risk management systems but also to map them in currency units. Therefore be developed to not only qualitatively integrate geopolitical risks into enterprisewide In Supply Chain Risk Management (SCRM, see Bendul ). Strongly increased in recent years Feldstein and currently forms a central research area Ukraine (Crimea - annexation, EU - sanctions against Russia), Egypt (Arabian Spring), etc.) has in the USA (Trump), Turkey (Erdogan), Great Britain (Brexit), ![]() Qualitatively Hood, Howell or in the form of country risk. Practice, geopolitical risks in a company have so far mainly been depicted descriptively, Risks, operational risks and sales/procurement risks in quantitative terms. Enterprise-wide risk management systems primarily reflect market price risks, default ![]()
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