As CEO of a multinational that has already invested in and been successfully produced in Thailand, when you heard the news about the 2006 and 2014 coup that toppled democratically elected governments, should you be concerned?

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The news that democratically-elected governments were overthrown in 2006 and 2014 is indeed concerning to a CEO who runs a multinational investing in Thailand. Although coups can seem relatively simple to handle due to the absence of opposition from the public, they may have long-term effects on the businesses that operate in Thailand. The coup can cause political instability and increase the likelihood of military interventions, which may disrupt business operations. They could also lead to import/export restrictions, making it harder for businesses to get resources they need for daily operations.

In addition, coups often result in the implementation of new laws and policy that can negatively impact existing businesses. For example, changes to tax rates or foreign investments policies could make it difficult or expensive for companies in Thailand to conduct business. In conclusion, you as the CEO should be very concerned with recent events that have occurred in Thailand.