The MNC as an agent of change for host-country institutions: FDI and corruption

• 成果类型: Article
• 署名作者: Kwok, Chuck C. Y.; Tadesse, Solomon
• 署名单位: University of Michigan System; University of Michigan; University of North Carolina
• 刊物名称: JOURNAL OF INTERNATIONAL BUSINESS STUDIES
• ISSN/ISSBN: 0047-2506
• DOI: 10.1057/palgrave.jibs.8400228
• 发表日期: 2006
• 页码: 767-785
• 关键词: foreign direct investment; CORRUPTION

摘要

Most empirical research examines how the institutional environment of corruption shapes the behavior of multinational corporations ( MNCs). In this study, we would like to highlight the other side of the picture: how the presence of MNCs may shape the institutional environment of corruption over time. We propose three avenues through which the MNCs may have an impact on its host institutions: regulatory pressure effect, demonstration effect, and professionalization effect. Based on extensive data on foreign direct investment and corruption for a large sample of countries over the last 30 years, the empirical results are generally consistent with our hypothesis. Such findings provide a glimmer of hope for the future of the host country where corruption is prevalent.