Please use this identifier to cite or link to this item:
https://hdl.handle.net/20.500.14279/9777
Title: | The "grabbing hand" or the "helping hand" view of corruption: Evidence from bank foreign market entries |
Authors: | Petrou, Andreas Thanos, Ioannis C. |
Major Field of Science: | Social Sciences |
Field Category: | Economics and Business |
Keywords: | Banking;Corruption;Foreign market commitment;Liability of foreignness;Market-seeking |
Issue Date: | Jul-2014 |
Source: | Journal of World Business, 2014, vol. 49, no. 3, pp. 444-454 |
Volume: | 49 |
Issue: | 3 |
Start page: | 444 |
End page: | 454 |
Journal: | Journal of World Business |
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: | https://hdl.handle.net/20.500.14279/9777 |
ISSN: | 10909516 |
DOI: | 10.1016/j.jwb.2013.10.004 |
Rights: | © Elsevier |
Type: | Article |
Affiliation : | Cyprus University of Technology University of Glasgow |
Publication Type: | Peer Reviewed |
Appears in Collections: | Άρθρα/Articles |
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