Mapping out plans in risky territory
THIS WEEK'S TOPIC: How should companies approach business opportunities in markets with high risks of repression and political threats?
THIS WEEK'S TOPIC: How should companies approach business opportunities in markets with high risks of repression and political threats?
David Kuo Co-Founder The Smart Investor
Being in business is not about making money at any cost. Instead, it is about making money the right way. When we invest in any country, we are effectively bankrolling that state through foreign direct investments and through the payment of direct and indirect taxes. If we have concerns that the investment could be used to repress the people of that country or thwart legitimate political opposition, then we should seriously reconsider. We may have a conscience that is malleable. But investors and stakeholders could take a dim view about companies that are prepared to put profit ahead of people.
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