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 …

anti-corruption enforcement affect the expected quality of governance through candidate self-selection. We also show that …

Corruption and imperfect contract enforcement dramatically reduce trade. This paper estimates the reduction, using a …

transaction difficulties. But, such environments often also feature highly interventionist government, and even corruption …

, particularly tax-smoothing practices. Focusing on democratic representation and control of corruption, our dynamic political …

bribery. Using exogenous variation in the timing and geographic location of U.S. Congressional elections, we find that the … industries, and when Senators serve as the Chairman of the Senate Judiciary Committee (which oversees the DOJ). Anti-bribery …