Corruption and cross-border investment in emerging markets: Firm-level evidence

This paper studies the joint impact of corruption on the entry mode and volume of inward foreign direct investment (FDI) using a unique firm-level data set. We find that corruption not only reduces inward FDI, but also shifts the ownership structure towards joint ventures. The latter finding support...

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Bibliographic details

Volume:	28
Main Author:	Javorcik, Beata S Wei, Shang-Jin
Format:	Journal Article
Language:	English
Zielgruppe:	Professional Academic
Place of publication:	OXFORD Elsevier Ltd 2009 ELSEVIER SCI LTD Elsevier Elsevier B.V
published in:	Journal of international money and finance Vol. 28; no. 4; pp. 605 - 624
Data of publication:	2009
ISSN:	0261-5606 1873-0639
EISSN:	1873-0639
Discipline:	Business
Series:	Journal of International Money and Finance
Subjects:	Developing countries Foreign direct investment Corruption Multinational firms Joint ventures Business & Economics Business, Finance Social Sciences Corruption Developing countries Foreign direct investment Multinational firms Joint ventures Forecasts and trends Foreign investments Analysis Emerging markets Developing countries Foreign direct investment Corruption F23 Multinational firms Joint ventures FOREIGN DIRECT-INVESTMENT DETERMINANTS EVASION
Online Access:	available in Bonn?
Database:	Social Sciences Citation Index Web of Science - Social Sciences Citation Index - 2009 Web of Knowledge Web of Science RePEc RePEc IDEAS CrossRef Academic OneFile (A&I only) Database information Databases - DBIS