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International Business pp 13–26Cite as

Palgrave Macmillan

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

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Part of the The Academy of International Business book series (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).

Keywords

  • Business Ethic
  • Foreign Direct Investment
  • International Business
  • Black Market
  • Corruption Perception Index

These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Authors
  1. Jorge Mongay
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  2. Diana A. Filipescu
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Editor information

Editors and Affiliations

  1. University of Edinburgh Business School, UK

    Simon Harris & Veselina Stoyanova & 

  2. Lappeenranta University of Technology, Finland

    Olli Kuivalainen

Copyright information

© 2012 Jorge Mongay and Diana A. Filipescu

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Cite this chapter

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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