Athanasouli, Daphne; Goujard, Antoine; Sklias, Pantelis - In: International Journal of Business and Economic Sciences … 5 (2012) 2, pp. 43-67
This article investigates the relationship between corruption and firm performance in Greece using firm level data. Corruption is overall negatively associated with firm size and growth at the firm level. We focus on the effect of ‘administrative corruption’, whereby firms engage in corrupt...