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 …

these sectors are confronted with different challenges ranging from corruption, political risk, economic uncertainty, sunk … their private counterparts. When it comes to the determinants, economic policy uncertainty, corruption, and political …