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This paper adds to the recent literature on firm-level corruption by relying on rich data including detailed … large and significant positive association between corruption and firm performance. We further show that the type of bribe …
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the institutions in those environments. Governments can have a positive role in shaping SME development. However …, corruption exists especially in countries with weak government institutions. Literatures on corruption and firm performance … indicate that corruption can either grease or sand business performance and operations. This paper analyzes this relationship …
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corruption and unobservable characteristics are controlled for. This finding contrasts to a popular belief about a paradox for … East Asian countries where corruption is positively associated with firm growth. …
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