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 …

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 …

Great credit risk is a big headache which blocks the development of the banking sector of China. Based on the panel … growth of China's economy and benefits a lot from the massive financial restructuring of state-owned banks …

targets located in countries (industries) with a higher level of corruption. Taken together, the findings support the …

types of political risk, like expropriation, corruption and confiscatory taxation, and In our theoretical analysis we find …

, ceteris paribus, corruption may yield differential effects on foreign investment in a group of central and eastern European … (CEE) countries depending on the level of business regulations, home-host corruption similarity or EU/OECD membership link … with corruption in the presence of business regulations and home-host corruption similarity, both of which may facilitate …

Vietnam. We find that provinces with low or no bribes in public sectors, more efforts to control corruption, higher market …