5.1 Introduction Purpose: Briefly explain what this chapter does. Include: A short reminder of the research aim Statement that this chapter: interprets the findings from Chapter 4 links them back to the theory in Chapter 2 discusses implications, limitations, and future research 5.2 Discussion of Findings in Relation to the Literature This is the core academic section. Structure it by research question (recommended): 5.2.1 Discussion of Research Question 1 (Perceptions of political and economic risk) Compare your findings with: political risk theory institutional theory country risk literature 5.2.2 Discussion of Research Question 2 (Impact on investment decisions) Link findings to: Real Options Theory Transaction Cost Economics Discuss: delayed entry staged investment exit decisions Show theory practice connection. 5.2.3 Discussion of Research Question 3 (Organisational structure & leadership) Connect to: internal governance managerial cognition risk tolerance Highlight: centralisation vs local responsiveness role of experience 5.2.4 Discussion of Research Question 4 (Risk mitigation strategies) Compare: formal vs informal strategies market vs non-market strategies Link to: institutional theory dynamic capabilities 5.2.5 Discussion of Research Question 5 (Digital & climate risks) Discuss: how digitalisation and ESG extend traditional risk frameworks relevance for future investment decisions This is where your thesis shows originality. 5.3 Theoretical Implications Explain what your study contributes to theory. Example points: Confirms existing political risk theory Shows how new risk dimensions (digital, ESG) interact with classic risks Extends real options logic into political risk contexts 5.4 Managerial Implications Very important for supervisors. Explain: What managers of MNEs should do differently How they should: structure decision-making manage uncertainty allocate capital Write in clear, practical language. 5.5 Limitations of the Study Be honest but controlled. Mention: Small sample size (4 interviews) Industry or regional focus Qualitative nature (limited generalisability) Frame limitations as normal for a Masters thesis. 5.6 Recommendations for Future Research Suggest: Larger samples Mixed methods Longitudinal studies Deeper focus on digital / climate risk 5.7 Conclusion End strongly. Include: One paragraph summarising key findings One paragraph on overall contribution Final sentence linking back to the research aim
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