Bertram, von 1985-1992 China-Korrespondent der ARD, setzt der Euphorie um China als dem Wirtschaftswunderland der …

The present paper argues that the effect of corruption on foreign ownership is not necessarily linear and depends on … the level of host corruption. So long as the expected returns from foreign investments exceed its expected costs, higher … host corruption will be associated with higher foreign ownership. However, costs may exceed or exactly compensate the …

This paper studies the joint impact of corruption on the entry mode and volume of inward foreign direct investment (FDI …) using a unique firm-level data set. We find that corruption not only reduces inward FDI, but also shifts the ownership … structure towards joint ventures. The latter finding supports the view that corruption increases the value of using a local …