Ketkar, Kusum W.; Murtuza, Athar; Ketkar, Suhas L. - In: Journal of Public Budgeting, Accounting & Financial … 17 (2005) 3, pp. 313-341
Using Transparency International’s Corruption Perceptions Index (CPI), this paper establishes a statistically significant link between CPI and foreign direct investment (FDI) flows to 54 developing and developed countries. In addition to each country’s CPI, several location and economic...