Concept information
Terme préférentiel
compensation for expropriated property
Définition(s)
- When a multinational firm (“parent company”) engages in foreign direct investment, defined here as financially investing in facilities or physical assets—usually through a foreign subsidiary—with the expressed purpose of exploring for, manufacturing, or marketing a product in a foreign country, it does so with the understanding that its property rights are legally recognized by the host country government. It is generally agreed that host country governments may unilaterally engage in nationalization of specific privately owned or public/privately owned industries, whereby industry assets revert to public ownership. [Source: Encyclopedia of Business in Today's World; Compensation for Expropriated Property]
Concept(s) générique(s)
Appartient au groupe
URI
http://data.loterre.fr/ark:/67375/N9J-G5D27K11-B
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