Author(s): Eyodeji Pawosika
When a company decides to participate in foreign funding, it accepts increased risk as well as opportunities. Exchange rate risk and political uncertainty are the two most significant hazards associated with international finance. These difficulties may make it very difficult for businesses to sustain consistent and predictable revenue. In this post, we'll look at some tactics that businesses can use to mitigate the risks that come with conducting business worldwide. While risk reduction and management readiness have risen to the top of the organizational agenda, relevant conceptual and empirical research in international business literature are limited. We give many viewpoints on risk aversion and its reduction as an introduction to this special issue. We explore both theoretical and empirical issues.