An Exploration Of: How Political Risk Components Affect The Stock Return And Volatility Considering Different Countries Of Varying Economic Development.
Five main components of political risk were extracted from the International Country Risk Guide (ICRG) Rating model, this paper researches the elements: Government Stability, Socioeconomic Conditions, Investment Profile, Internal Conflict and External Conflict. We have chosen four countries to examine: the United Kingdom, Mexico, China and Iran from different economic worlds. We would like to inve