Background Note | HBS Case Collection | July 2003

Expropriation in International Business

by Geoffrey G. Jones and Meghan Gallagher-Kernstine


Covers several important expropriation cases in international business from the 20th century and highlights the legal and political difficulties these companies faced. Serves to explain expropriation, to stress the vulnerability of foreign direct investments to political risk in host countries, and to discuss the limitations of international property law.

Keywords: Foreign Direct Investment; Global Strategy; Government and Politics; Common Law; Risk Management; Property; Risk and Uncertainty;


Jones, Geoffrey G., and Meghan Gallagher-Kernstine. "Expropriation in International Business." Harvard Business School Background Note 804-020, July 2003.