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Are Corruption and Ease of Doing Business Correlated? An Analysis of 172 Nations

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International Business

Part of the book series: The Academy of International Business ((AIB))

Abstract

Corruption and its implications in international business trading and investments represent an increasing interest for academicians. It is extremely important to understand how corruption affects economic growth directly, by shifting the allocation of public funds, and, indirectly, by changing the incentives, prices, and opportunities faced by entrepreneurs (Jain, 2002). Corruption refers to behaviour that violates the trust placed in public officials and serves to destabilize the basis on which generalized interpersonal trust relies and increases the risks faced by the entrepreneur (Anokhin and Schulze, 2009).

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© 2012 Jorge Mongay and Diana A. Filipescu

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Mongay, J., Filipescu, D.A. (2012). Are Corruption and Ease of Doing Business Correlated? An Analysis of 172 Nations. In: Harris, S., Kuivalainen, O., Stoyanova, V. (eds) International Business. The Academy of International Business. Palgrave Macmillan, London. https://doi.org/10.1057/9781137007742_2

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