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 …

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 …

preferential access to available output, and extending control over the world's extractive industries. But Chinese investment need … the world natural resource base located in Latin America. For a more comprehensive analysis, we conduct a structured …

preferential access to available output, and extending control over the world's extractive industries. But Chinese investment need … the world natural resource base located in Latin America. For a more comprehensive analysis, we conduct a structured …

corruption, unstable economic policies, weak and poorly enforced property rights, and inefficient government institutions. Our … expect 40 percent increase in FDI from a one point increase in their transparency ranking. Pari passu, non …-transparent policies translate into lower levels of FDI and hence lower levels of welfare and efficiency in the host country's economy. A …

of offshore entities as an indicator of corruption risk. We find that the number of new shell companies increases by 11 … the award of an exploration licence increases the risk of corruption. Consistent with rent-maximising behaviour, this … association is stronger when the price of oil increases. Our work informs the fight against corruption, proposing greater …

countries. Recent studies suggest that corruption negatively impacts on FDI and may act as a disincentive to investment. By … using information for 97 countries, concerning inward FDI performance and perceived level of corruption, this paper intends … to analyse how corruption influences on the FDI. Given that a certain level of perceived corruption can, in fact, be …

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 study the effects of “corruption distance,” defined as the difference in corruption levels between country pairs, on …

FDI and corruption for a large sample of countries over the last 30 years, the empirical results are consistent with our …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 …