Does corruption cause encumbered business regulations? An IV approach

Faría, Hugo J.; Montesinos-Yufa, Hugo M.; Morales, Daniel R.; Aviles, Gregorio; Brito-Bigott, Osmel

doi:10.1080/00036846.2011.589814

Cited by 6 publications

(5 citation statements)

References 43 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…A su vez, dentro de las normas informales 4 , la corrupción puede ser un determinante importante de la calidad regulatoria en el ámbito empresarial (Breen y Gillanders 2012), repercutiendo en la eficiencia de las operaciones de empresas e individuos. En esta línea, Faría et al (2013) comprueban que, a mayor corrupción, más compleja y menos transparente será la regulación de la actividad empresarial. Por su parte, Johnson et al 2014reflexionan sobre cómo la corrupción puede contribuir a reducir o aumentar el coste de la regulación para la empresa, según si ésta compensa o no el coste del acceso al servicio público, respectivamente.…”

Section: La Corrupción Y El Resultado Empresarialunclassified

“…De esta forma, los resultados obtenidos apoyan el planteamiento de Athanasouli y Goujard (2015) sobre que la corrupción determina el resultado de la empresa al condicionar sus prácticas de gestión. Todo ello puede explicarse porque en contextos más corruptos los gestores dedicarán esfuerzos a prácticas que penalizan el proceso productivo (Dal Bó y Rossi 2007), así como el ámbito de actuación estaría marcado por una regulación más compleja y menos transparente (Faría et al 2013), lo cual derivaría en un mayor coste de tal regulación para la empresa (Johnson et al 2014). Por tanto, estos resultados avalan el cumplimiento de la segunda hipótesis planteada (H2), es decir, resulta imprescindible tener en cuenta la importancia de las instituciones y, más concretamente, de la corrupción, al intentar explicar la rentabilidad de las empresas y la repercusión que sobre ésta imprimen las cuestiones de género.…”

Section: Resultados Y Discusiónunclassified

See 1 more Smart Citation

Is corruption a determinant of the effectiveness of gender diversity in business management? Application to co-operative banks

2020

View full text Add to dashboard Cite

This work is an extension of the literature that studies the relationship between gender diversity in the managerial posts and business profitability. It aims to advance beyond the measurement of a possible direct relationship between both variables in financial entities, applying the institutional theory. In particular, it focus in the senior executive team of Spanish credit cooperatives. The gender effect over the profitability of these entities will be evaluated through the relationship with their partners and with the level of indebtedness, including as a new variable the corruption of the environment as a possible conditioning factor. Such scope is novel with regard to existing research, characterized by focusing mainly on a direct relationship and for not taking into account the institutional context, indicating the need to focus on possible indirect influence and on institutions as quality determinants of business management. To carry out the analysis, dynamic equations will be estimated, treating endogeneity using the Generalized Method of Moments (MGM). The findings confirm the indirect influence of gender measures on profitability, which results enhanced when the level of corruption in the environment is lower.

show abstract

Section: La Corrupción Y El Resultado Empresarialunclassified

Section: Resultados Y Discusiónunclassified

Is corruption a determinant of the effectiveness of gender diversity in business management? Application to co-operative banks

2020

View full text Add to dashboard Cite

show abstract

“…This is particularly true for new ventures because of the employees' key role in the firm's development (Ashforth et al, 1998;Baron et al, 1999) VC 2004). In their selection of potential investments, VCs favor companies that are more likely to have a successful exit (Farı ´a et al, 2013). Moreover, VCs play a vital role in the professionalization of startups, increasing the likelihood of an exit (Hellmann & Puri, 2000, 2002 Team size * VC funding An interaction variable between team size and VC funding ?…”

Section: Founding Team's Characteristicsmentioning

confidence: 99%

Diversity in National Culture and Financial Harvest Exit Strategy in New Technology Ventures

Elitzur,

Gavious,

Milo

2023

Entrepreneurship Theory and Practice

View full text Add to dashboard Cite

We study the effects of diversity in national culture on new technology ventures’ founding teams on their financial harvest exit strategy. Exits represent a pivotal event in the entrepreneurial process that reflects the strategy and performance of technology startups. Following a quasi-replication of the seminal study of Chaganti and colleagues in 2008, aimed at generalizing their findings to different technologies and periods and assessing their robustness, we demonstrate that diverse founding teams are significantly more likely than non-diverse teams to exit via financial harvest. We add to the literature by identifying a novel contributing factor—diversity in national culture—in founding teams’ financial harvest strategies. The economic implications, both at the micro and macro levels, of the diversity factor are considerable. The contribution of this study thus extends beyond the academic literature.

show abstract

“…Di Tella and MacCulloch (2009) document that corruption is an impediment to the establishment of capitalism in poor economies. Hellman et al (2003), Beck et al (2005) and Faria et al (2011) report inimical consequences of corruption to firm and/or investment growth. Recent studies, however, have found circumstances under which corruption may have a beneficial impact; see Méon and Weill (2009), Carden and Verdon (2010) and Dutt and Traça (2010).…”

Section: Introductionmentioning

confidence: 99%

“…(2005) and Faria et al . (2011) report inimical consequences of corruption to firm and/or investment growth. Recent studies, however, have found circumstances under which corruption may have a beneficial impact; see Méon and Weill (2009), Carden and Verdon (2010) and Dutt and Traça (2010).…”

mentioning

confidence: 99%

Can capitalism restrain public perceived corruption? Some evidence

Faría

Morales²,

Pineda

et al. 2012

Journal of Institutional Economics

Self Cite

View full text Add to dashboard Cite

A growing body of evidence documents a vast array of economic and social ill-effects of public perceived corruption. These findings and the scant evidence of recent success in the fight against corruption beg the question: how to abate it? We document the existence of a negative, statistically significant and quantitatively large impact of economic freedom (our proxy for institutions of capitalism, markets and competition) on public corruption. This negative response of corruption to economic freedom holds after allowing for non-linearities interacting economic freedom and political rights, endowments, legal families, ethnicity and for robust determinants of corruption uncovered by Daniel Treisman

show abstract

Does corruption cause encumbered business regulations? An IV approach

Cited by 6 publications

References 43 publications

Is corruption a determinant of the effectiveness of gender diversity in business management? Application to co-operative banks

Is corruption a determinant of the effectiveness of gender diversity in business management? Application to co-operative banks

Diversity in National Culture and Financial Harvest Exit Strategy in New Technology Ventures

Can capitalism restrain public perceived corruption? Some evidence

Contact Info

Product

Resources

About