Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/214263 
Year of Publication: 
2019
Citation: 
[Journal:] Pakistan Journal of Commerce and Social Sciences (PJCSS) [ISSN:] 2309-8619 [Volume:] 13 [Issue:] 4 [Publisher:] Johar Education Society, Pakistan (JESPK) [Place:] Lahore [Year:] 2019 [Pages:] 1017-1028
Publisher: 
Johar Education Society, Pakistan (JESPK), Lahore
Abstract: 
This paper examines two important aspects of the firms, firstly, it identifies the factors responsible for firm-level corruption, and secondly it investigates the impact of corruption on firm performance in 147 economies using the data set of World Bank's Enterprise Survey. Two indicators, that is, firm's annual real sale growth and export performance are used to gauge the firm performance. Logistic regression is employed to estimate the determinants of corruption and Ordinary Least Square is employed to estimatethe impact of firm's corruption on its performance. It is found that corruption augments firm'ssale and export performances in the aggregate analysis of 147 economies. In the disaggregated analysis, it is found that corruption increases the firm's sale and exports in low income economies while it reduces the firm's performance in high and middle income nations.
Subjects: 
corruption
product innovation
firm performance
bureaucratic hurdles
export performance
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

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