TY - JOUR U1 - Zeitschriftenartikel, wissenschaftlich - begutachtet (reviewed) A1 - Pakusch, Christina A1 - Peren, Franz W. A1 - Shakoor, Markus Arian T1 - The PCI - A Global Risk Index for the Simultaneous Assessment of Macro and Company Individual Investment Risks JF - Journal of Business Strategies N2 - Companies often have difficulties determining which criteria to base their investment decisions in different countries on. When considering direct foreign investment several risk indices are available. The PCI (Peren-Clement-Index) in its original form was developed in 1998. Its further refinement improves the PCI in three major ways: First, it offers a dynamic adjustment of criteria and consideration of recent changes in the international environment. Second, it provides business specificities of a company or its industrial sector to be considered in addition to macroeconomic aspects by a two-dimensional presentation, which ensures a customized assessment. Third, the PCI allows for consolidating investment decisions by combining a resource-orientated with a market-oriented view. The PCI allows, unlike other indices, a customized and company-specific strategic planning process. Ultimately companies must take up both perspectives in the context of an international investment decision. The use of risk indices in corporate planning for assessing global investments decision creates a fundamentally new of risk assessment. KW - Risk Analysis KW - Scenarios KW - Country Risks KW - Internationalization KW - Strategic Planning Y1 - 2016 UN - https://nbn-resolving.org/urn:nbn:de:hbz:1044-opus-28328 SN - 0887-2058 SS - 0887-2058 U6 - https://doi.org/10.54155/jbs.33.2.154-173 DO - https://doi.org/10.54155/jbs.33.2.154-173 VL - 33 IS - 2 SP - 154 EP - 173 PB - Sam Houston State University Library ER -