J 2025

Corruption as an Obstacle or an Incentive to FDI Flows: A Panel Data Analysis

LINHARTOVÁ, Veronika

Základní údaje

Originální název

Corruption as an Obstacle or an Incentive to FDI Flows: A Panel Data Analysis

Autoři

LINHARTOVÁ, Veronika

Vydání

Montenegrin Journal of Economics, Podgorica, ELIT - Economic Laboratory for Transition Research, 2025, 1800-5845

Další údaje

Jazyk

angličtina

Typ výsledku

Článek v odborném periodiku

Obor

50204 Business and management

Stát vydavatele

Černá Hora

Utajení

není předmětem státního či obchodního tajemství

Odkazy

URL

Impakt faktor

Impact factor: 1.000 v roce 2024

Označené pro přenos do RIV

Ano

Organizační jednotka

Ambis Univerzita

DOI

https://doi.org/10.14254/1800-5845/2025.21-3.2

UT WoS

001538966300002

EID Scopus

2-s2.0-105008522541

Klíčová slova anglicky

Corruption perceptions index;foreign direct investment;investment decision;panel data

Štítky

RIV_2025

Příznaky

Mezinárodní význam, Recenzováno
Změněno: 3. 2. 2026 15:20, Ing. Kateřina Lendrová

Anotace

V originále

Corruption is a ubiquitous societal problem that significantly influences cor porate investment decisions in the international economic environment of to day. Considerable attention is paid primarily to the economic effects of cor ruption. Its influence on foreign direct investment is one of the topics investi gated. Some studies show that corruption deters foreign investors from mak ing known investments in a country. However, some studies prove that this may not be the case at all and that corruption can, on the contrary, attract companies from certain countries to invest. This paper aims to explore in depth the multifaceted impact of corruption on foreign direct investment and dissect its role in corporate strategic choice, risk management, and sustain able development. Through the comprehensive use of literature research, case analysis, and theoretical discussion, the relevant multiple linear regres sion model is established. This paper adopts the corruption perception index published by Transparency International as the core independent variable and uses the panel data of 28 countries or regions from 1995 to 2022 to estimate the model and verify the relevant hypotheses. The results show that the effect of corruption on FDI is related to the level of corruption. When the corruption level is low, the breeding of corruption has a significant inhibitory effect on foreign investment, but when the corruption level is high, the in crease in corruption perception does not show a significant linear relation ship with foreign direct investment. By delving into the impact of corruption on corporate investment decisions, this paper is expected to provide business managers, policymakers, and academic researchers with practical insights and promote a deeper understanding of this complex topic.
Zobrazeno: 19. 6. 2026 18:06