The Risks of Freer Versus Unfree Markets

shareholder value destruction due to policy interference or due to sanctions, is a very real risk in these types of very autocratic markets. Companies that are in these regimes use accounting practices that don't meet international accounting standards. And usually don't know about problems until they're too late. There's also not independent verification on data, because there's no freedom of speech, freedom of media, or any kind of freedom of expression.