Corruption and Firm Efficiency in New EU Countries
Bibliographic Data
| ID | 10713670 |
|---|---|
| Authors | Jan Hanousek (0009-0006-3997-5931), Anastasiya Shamshur (0000-0002-5091-5837), Jiri Tresl (0000-0002-1569-651X) |
| Year | 2016 |
| Volume | 64 |
| Issue | 8 |
| Pages | 905-921 |
| Publication date | 2016-12-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Politická ekonomie (JOURNAL) |
| Journal identifiers | ISSN: 0032-3233 • E-ISSN: 2336-8225 |
| Publisher | Prague University of Economics and Business (PUBLISHER • CZ) |
| DOI | 10.18267/j.polek.1117 |
| OpenAlex | W2570690867 |
| Language | EN |
| References cited | 38 |
We study the effects of corruption on firm efficiency using a unique comprehensive dataset of private firms from 10 Central and Eastern European countries for the period from 2002 to 2013. We find that an environment characterized by a high level of corruption has an adverse effect on firm efficiency. This effect is amplified for firms with a lower propensity to behave corruptly, i.e. foreign-controlled firms, while domestically-owned firms are not penalized. At the same time, an environment characterized by considerable heterogeneity in perception of corruption is associated with an increase in firm efficiency
Business · Economics · Industrial organization · International economics · Language change · Monetary economics · Corporate Finance and Governance · Corruption and Economic Development · Economic Growth and Development
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| Citation velocity | historical |
|---|---|
| Highly cited | No |