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 …

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 …

Purpose – The purpose of this paper is to empirically investigate the impact of corruption on foreign direct investment … evaluate the impact of corruption on FDI activities.Findings – The empirical results illustrate that corruption is a … components of FDI – greenfield investment and cross-border M&As, are separately examined. Specifically, while corruption …

" hypothesis: - The possibility that some features of host countries, such as bureaucratic corruption, may deter inward foreign … attempt to surmount these obstacles by explicitly taking into account corruption in host countries and using a firm-level data … "Corruption, Pollution, and Location of International Capital Flows." …

resource-rich countries, the decision of host governments to expropriate these investments, and the level of corruption. Higher … production. Moreover, resource production leads to high levels of corruption. Our theoretical results are confirmed by … estimations of a simultaneous equation model for 50 resource-rich countries in which we endogenize expropriation risk, corruption …

Foreign investment is often constrained by two forms of political risk: expropriation and corruption. We examine the … role of government corruption in foreign direct investment (FDI) when contracts are not fully transparent and investors … which corruption reduces optimal foreign capital flows. …