Global Business and the Terrorist Threat

Global Business and the Terrorist Threat

Edited by Harry W. Richardson, Peter Gordon and James E. Moore II

Global business is affected by global terrorism and the two are intricately linked on many levels. This book is an eclectic and enlightening compendium of research that explores the interrelationships between the two. A companion to and expansion on the authors’ previous books on the area, Global Business and the Terrorist Threat takes a closer look at practical business management, as influenced by terrorist infrastructure, networks and actions.

Chapter 1: Introduction

Harry W. Richardson, Peter Gordon and James E. Moore II

Subjects: business and management, international business, public management, politics and public policy, public administration and management, public policy, terrorism and security


Harry W. Richardson, Peter Gordon and James E. Moore II This book is an eclectic collection of chapters that explores the relationships between global business and terrorism. The rationale for the book is clear. One of the sponsors of this research, the Department of Homeland Security, has spent large sums of money inside the United States to protect the homeland, but has devoted little attention, at least openly, to the international aspects of terrorism and how its threats can affect the global economy. There are many examples of the potential links between global business and terrorism, some of which (but not all) are discussed in this book. One important example is how a major terrorist attack in a Western country might affect the global economy, typically by a crash in world stock markets. Baumert’s chapter (Chapter 7) sheds some light on this by showing that the Madrid train bombing had a modest and short-term impact on stock markets. However, we should not generalize from a single case. Another example is what might be the consequences of an attack on a multinational corporation. There have been a few individual abductions and assassinations, but no massive attack. Alexander’s chapter (Chapter 8) shows how a multinational corporation caved in to threats by paying protection money, but this was not in response to a direct major attack. There have been several attacks in the Nigerian oil sector, for instance, but they have not received much attention and appear to be more locally inspired than...