Cuervo-Cazurra, Alvaro - In: Journal of International Business Studies 37 (2006) 6, pp. 807-822
This paper examines the impact of corruption on foreign direct investment (FDI). It argues that corruption results not only in a reduction in FDI, but also in a change in the composition of country of origin of FDI. It presents two key findings. First, corruption results in relatively lower FDI...