کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
1020582 940886 2008 16 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Better the devil you don't know: Types of corruption and FDI in transition economies
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری کسب و کار و مدیریت بین المللی
پیش نمایش صفحه اول مقاله
Better the devil you don't know: Types of corruption and FDI in transition economies
چکیده انگلیسی

Corruption has a negative impact on foreign direct investment (FDI). However, transition economies show high levels of corruption and also high levels of FDI. I argue that it is not the level but rather the type of corruption that affects FDI in transition economies. Pervasive corruption, or corruption that is widely present, acts as a deterrent to FDI because it increases the known costs of investing, while arbitrary corruption, or corruption that is uncertain, does not have such a deterring influence because it becomes part of the uncertainty of operating in transition economies. In transition economies, investors prefer to deal with an unknown evil – arbitrary corruption – rather than a known one – pervasive corruption.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of International Management - Volume 14, Issue 1, March 2008, Pages 12–27
نویسندگان
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