Impact of terrorism and security measures on global business transactions: Some international business guidelines

Subhash C. Jain, Robert Grosse

Research output: Contribution to journalArticle

16 Scopus citations

Abstract

Terrorism is likely to continue well into the future, presenting a new type of risk for companies that engage in international business transactions. Worldwide, government policymakers have introduced a variety of security measures to contain terrorism while trying not to reduce/distract global trade and investment. For international business (IB) scholars, this opens a new field of inquiry. This paper outlines different streams of research relative to terrorism, related security measures, and international business. Suggestions are made regarding the unique role that multinational enterprises can play in abating terrorism, for example, by taking steps to reduce global poverty and hatred, directly negotiating with terrorists, and developing new technology to counter terrorism.

Original languageEnglish (US)
Pages (from-to)42-73
Number of pages32
JournalJournal of Transnational Management
Volume14
Issue number1
DOIs
StatePublished - Mar 11 2009
Externally publishedYes

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Keywords

  • Role of MNCs in countering terrorism
  • Security and global business
  • Terrorism

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Development
  • Management, Monitoring, Policy and Law

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