ABSTRACT

Adversarial relationships between companies and states can be attributable to more than laws and regulations; they may emerge in response to all sorts of governmental conduct, from broad policies to narrow decisions, that companies find detrimental to their interests. Some states have been more prone than others to seeing these kinds of relationships develop because of differences in social histories, cultural norms, economic systems and, vitally, the roles of the government and the private sector in each state’s functioning.