What is business risk? How do you measure and how can you manage it? The Man from FCPA thought about those and other questions when reading a recent piece in the Financial Time’s Big Read about the Italian energy company ENI and its refocus on doing business in Africa. Libya has always been an ENI stronghold, given the historic ties between the two countries and now it is no different. Indeed, Libya constitutes up to 20 percent of the company’s production, so any stability in that country would be welcome news for ENI and its shareholders.
