Corruption has become endemic in many African countries and is difficult to eradicate completely; therefore, reducing … corruption to a tolerable level that will not deter foreign investors must be the aspiration of all political leaders and … stakeholders. This study tries to identify the level of corruption that is tolerable to foreign investors, which is referred to as …

economies. We focus on the corruption distance between the home and host countries as a crucial part of institutional quality …. Our results confirm that FDI flows are higher when they come from countries with low differences in corruption with Turkey …. Conversely, FDI flows are negatively affected when there exists a large difference in corruption between the investing country …