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ContextAndReinvestmentDecisions_VFinal_17022015_repository.pdf

🔗 Source: repository.essex.ac.uk

📊 Size: 509 KB

👤 Author: Tina McGuinness

⬇️ Downloads: 42

Summary

This study explores the relationship between corruption and multinational enterprises' (MNEs) strategic decision to reinvest profits in post-state socialist countries, particularly in the transitional periphery. The authors find that pervasive corruption negatively impacts reinvestment, with more pronounced effects in the transitional periphery. Robust legal institutions have a positive correlation with reinvestment, but the negative effects of corruption are more pronounced in the transitional periphery. Firm-level attributes, such as larger size and greater age, play an important role in positive reinvestment decisions, mitigating the adverse effects of institutional fluidity. The study highlights the distinct characteristics of the transitional periphery, including weak or fluid institutions, and the need for further research on the impact of corruption on reinvestment decisions in these contexts.

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Description

This study explores the relationship between corruption and multinational enterprises' (MNEs) strategic decision to reinvest profits in post-state socialist...

Technical Information

File Format: PDF
File Size: 509 KB
Pages: 39
Language: EN
Author: Tina McGuinness
Total Downloads: 42
Last Updated: 3 weeks ago

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