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 …

of corruption. According to received wisdom, the link between globalization and corruption depends on the presence of … actors. Yet, the positive association between inward investment and corruption is mitigated in more developed economies … lowers opportunities for corrupt behavior. We test this nonlinear relationship between FDI and corruption in an instrumental …

Most empirical research examines how the institutional environment of corruption shapes the behavior of MNCs. In this … environment of corruption over time. We propose three avenues through which the MNC may have an impact on its host institutions … FDI and corruption for a large sample of countries over the last 30 years, the empirical results are consistent with our …

We examine the effect of corruption on foreign direct investments. Our model shows that corruption may have different … market. Using Swedish firm-level data, we find that affiliate local sales decrease with corruption, while affiliate exports … increase. Finally, corruption has a negative effect on the probability that a foreign firm will invest in a country. These …

This study adds to largely non-existent literature on corruption and foreign direct investment (FDI) in natural … 2020. We find that higher levels of corruption are associated with lower levels of FDI in natural resources, supporting the … likely to use the prevalence of corruption to disregard laws to attract greater FDI in natural resources to compensate for …

corruption, unstable economic policies, weak and poorly enforced property rights, and inefficient government institutions. Our …

We study the effects of “corruption distance,” defined as the difference in corruption levels between country pairs, on … 45 countries from 1997 to 2007, we find that corruption distance adversely affects the volume of FDI to be invested in a … host country. However, we do not find statistical evidence that corruption distance influences FDI's decision on whether to …

We model the relationship between foreign direct investment (FDI) and the level of corruption in multinational firms …' (MCNs') home and host countries. There are two effects of corruption. The first is that host-country corruption reduces FDI … home-country environment, leads MNCs to invest more in countries with corruption levels similar to those of their home …

probit estimation techniques were used. The results indicate that the percentage of total annual sales of the firm paid as …. African leaders should therefore institute policies to control corruption in order to boost foreign investors’ confidence in …

We analyse the effect of corruption on FDI. Using FDI outflows from a sample of East European transition economies that … the inertia of past investments. Our model separates the effects of corruption on FDI location decisions and on the amount … invested. We find a linear and negative relationship between host country corruption and the likelihood of MNCs locating in …