possibility that some features of FDI host countries, such as bureaucratic corruption, may deter inward FDI, but are positively … explicitly into account corruption level in host countries and using a firm-level data set on investment projects in 24 …

This paper studies the impact of corruption in a host country on foreign investor's preference for a joint venture … versus a wholly-owned subsidiary. There is a basic trade-off in using local partners. On the one hand, corruption makes local … hand, corruption decreases the effective protection of investor's intangible assets and lowers the probability that …

From 1870 to 1920, when corruption appears to have declined significantly within the United States, the press became … of the informative press was one of the reasons why the corruption of the Gilded Age was sharply reduced during the …

was checkered with political scandal and widespread corruption that would not seem unusual compared with the most corrupt … developing nation today. We construct a "corruption and fraud index" using word counts from a large number of newspapers for 1815 … corruption from 1870 to 1920, particularly from the late-1870s to the mid-1880s and again in the 1910s. At its peak in the 1870s …

We show that isolated capital cities are robustly associated with greater levels of corruption across US states, in …

confidential IRS audit data, we show that corporations with owners from countries with higher corruption norms engage in higher … owners are from countries with higher corruption norms. This suggests that cultural norms can be a challenge to legal …