Corruption and the Composition of Foreign Direct Investment : Firm-Level Evidence
The authors study the impact of corruption in a host country on foreign investors' preference for a joint venture, or a wholly owned subsidiary. Their simple model highlights a basic tradeoff in using local partners. On the one hand, corruptio...
Main Authors: | , |
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Format: | Policy Research Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2014
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2000/06/437403/corruption-composition-foreign-direct-investment-firm-level-evidence http://hdl.handle.net/10986/19836 |