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|Title:||The "grabbing hand" or the "helping hand" view of corruption: Evidence from bank foreign market entries||Authors:||Petrou, Andreas
Thanos, Ioannis C.
|Keywords:||Banking;Corruption;Foreign market commitment;Liability of foreignness;Market-seeking||Category:||Economics and Business||Field:||Social Sciences||Issue Date:||1-Jan-2014||Publisher:||Elsevier Inc.||Source:||Journal of World Business Volume 49, Issue 3, 2014, Pages 444-454||metadata.dc.doi:||http://dx.doi.org/10.1016/j.jwb.2013.10.004||Abstract:||This study adopts a resource perspective to explore a non-linear relationship between corruption and two measures of bank foreign market commitment, the capital invested and the share of equity, on a sample of 131 bank entries in forty host countries. Our findings support a U-shaped relationship providing evidence of the "grabbing hand" view at low to moderate levels of corruption and, supporting the "helping hand" view at high levels of it. In addition, market-seeking motives are found to have a positive moderating effect on this relationship. This study contributes to the long-standing debate about the effects of corruption on FDI.||URI:||http://ktisis.cut.ac.cy/handle/10488/9777||ISSN:||10909516||Rights:||© 2013 Elsevier Inc. All rights reserved.||Type:||Article|
|Appears in Collections:||Άρθρα/Articles|
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