Markscheffel, J;
Plouffe, M;
(2021)
Multilevel determinants of MNC corruption risk.
Journal of International Business Policy
10.1057/s42214-021-00116-7.
(In press).
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Abstract
We explore the multi-level determinants of firm-level corruption risk among multinational corporations (MNCs) in both developed and developing market economies in a comparative context. We argue that institutional and regulatory environments affect MNCs’ anti-corruption performance. We employ a comprehensive measure of MNC corruption risk and find evidence for the influence of country-level institutional and regulatory effects, while firm-level financial characteristics also influence anti-corruption performance. Furthermore, the effects of institutional and regulatory environments differ between developed and developing markets. In general, our framework and results highlight the utility of strong legal and regulatory environments, particularly in developing markets, to combat MNC corruption risk.
| Type: | Article |
|---|---|
| Title: | Multilevel determinants of MNC corruption risk |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1057/s42214-021-00116-7 |
| Publisher version: | https://doi.org/10.1057/s42214-021-00116-7 |
| Language: | English |
| Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher's terms and conditions. |
| Keywords: | corruption, institutional environment, multinational corporations (MNCs) and enterprises (MNEs), multilevel analysis |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices UCL > Provost and Vice Provost Offices > UCL SLASH UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Political Science |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10132249 |
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