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| Tekijä: | Brouthers, L.E. Gao, Y. McNicol, J.P. |
| Otsikko: | Corruption and market attractiveness influences on different types of FDI |
| Lehti: | Strategic Management Journal
2008 : JUN, VOL. 29:6, p. 673-680 |
| Asiasana: | foreign investment direct investment corruption markets models |
| Vapaa asiasana: | FDI |
| Kieli: | eng |
| Tiivistelmä: | It is proposed by previous studies that a compensatory (here as: comp.) model predicts the level of foreign direct investment (FDI) in a country. FDI levels are a result of 'trade-offs' btw. the positive effect of market attractiveness (as: m-attrs.) and the negative influence of corruption (as: corr). In contrast, this study hypothesizes and finds that the comp. relationship only holds for market-seeking (here as: m-s.) investment. For resource-seeking (as: r-s.) FDI the model seems to be non-compensatory. Greater m-attrs. mitigates the negative impact of corr. on m-s. investment. However, the ability of m-attrs. to mitigate the negative impact of corr. on r-s. FDI quickly disappears as corr. levels increase. |
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