Greece: How Can Companies Manage the New Risks?

CEOs and CFOs must understand that political risk can have a significant impact on a company's profitability. The current situation in Greece is a prime example of this. But how does the risk of Greece's default affect U.S. firms doing business with Greek companies? The authors examine the impact on two kinds of U.S. firms: those exporting to Greece and those importing from Greece. The authors then look at ways to manage the impact of sovereign risk of default. (C) 2010 Wiley Periodicals, Inc.