giving participants the possibility to choose which institution to adopt, we find that democracy is the by far most popular …

disruptive creation mechanism or reduce it by stimulating corruption, distorting the markets and deteriorating social capital. We …

This paper focuses on how corruption affects an important internationalization behavior of firms: the extent of control … most relevant, due to its broad effect on the economy, is corruption. Corruption can be thought of as anything that … specifically in the realm of M&A (see Weitzel and Berns, 2006). Although the level of corruption of the host countries is expected …

. Second, the use of cash in crime, here especially in corruption, is also econometrically investigated. The influence is …