Over the past 30 years considerable work scrutiny has been undertaken in the area of corruption and its effect on many … facets of society. In business, efforts to measure corruption have been frequently debated and models have been proposed to … reflect different firm characteristics in the presence of corruption. Based on these measures, research usually considers …

This paper aims to analyze the impact of corruption on firm innovation in Portugal, using data from the World Bank … endogeneity in the corruption variable. Our results show that corruption fosters innovation in Portugal, regardless of the … dependent variable we use to measure innovation. We have also analyzed the effect of corruption on innovation in foreign and …

-level corruption, and secondly it investigates the impact of corruption on firm performance in 147 economies using the data set of … gauge the firm performance. Logistic regression is employed to estimate the determinants of corruption and Ordinary Least … Square is employed to estimatethe impact of firm's corruption on its performance. It is found that corruption augments firm …

We examine whether political corruption impedes innovation. Using a comprehensive sample of US firms, we find that … corruption has a substantial, negative relation with the quantity and quality of innovation. These results are robust to using … various fixed effects, proxies for corruption and innovation, and subsamples. To establish causality, we employ two …