Bribery environments and firm performance: Evidence from CEE countries

被引:59
|
作者
Hanousek, Jan [1 ,2 ]
Kochanova, Anna [3 ]
机构
[1] CERGE EI, Politickych Veznu 7, Prague 11121, Czech Republic
[2] CEPR, London, England
[3] Max Planck Inst Res Collect Goods, Kurt Schumacher Str 10, D-53113 Bonn, Germany
关键词
Bureaucratic corruption; Firm performance; CEE countries; CORRUPTION; INSTITUTIONS;
D O I
10.1016/j.ejpoleco.2016.02.002
中图分类号
F [经济];
学科分类号
02 ;
摘要
We examine the relation between bureaucratic corruption and firm performance in CEE countries. We show that divergent consequences of corruption found in previous studies can be explained by the specifics of the local bribery environment in which firms operate. A higher mean bribery is associated with lower firm performance, while higher dispersion of individual firm bribes appears to facilitate it. We also conduct a detailed analysis by firm sector and size, and countries' institutional environments. (C) 2016 Elsevier B.V. All rights reserved.
引用
收藏
页码:14 / 28
页数:15
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