corruption, unstable economic policies, weak and poorly enforced property rights, and inefficient government institutions. Our …

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

probit estimation techniques were used. The results indicate that the percentage of total annual sales of the firm paid as …. African leaders should therefore institute policies to control corruption in order to boost foreign investors’ confidence in …

We analyse the effect of corruption on FDI. Using FDI outflows from a sample of East European transition economies that … the inertia of past investments. Our model separates the effects of corruption on FDI location decisions and on the amount … invested. We find a linear and negative relationship between host country corruption and the likelihood of MNCs locating in …

This paper empirically examines the impact of corruption on FDI in European Union countries, including candidate …, we find that corruption has a negative impact on FDI. -- FDI ; Corruption ; Efficient Grease Hypothesis ; OLS …