2019
DOI: 10.2478/sues-2019-0008
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Effect of Corruption on Foreign Direct Investment Inflows in Nigeria

Abstract: This study investigates the effect of corruption on foreign direct investment inflows in Nigeria, by using some control variables. The study covers a period from 1996 to 2017 and employs Ordinary Least Squares method to perform the multiple regression analysis with the aid of SPSS version 20. The findings indicate that corruption has a significant positive influence on FDI. Though the influence of inflation is significantly negative but exchange rate and Nigeria’s corruption ranking position have insignificant… Show more

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Cited by 18 publications
(13 citation statements)
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“…In the relevant research, the Ordinary Least Squares (OLS) technique was used to perform multiple regression analysis with the help of the Statistical Package for Social Sciences (SPSS) to test corruption's effect on foreign direct investment in countries of the Western Balkans. To determine the relationship between the dependent variable and the independent variables, the following multiple regression equation was used based on the model designed by Omodero (2019):…”
Section: Methodsmentioning
confidence: 99%
“…In the relevant research, the Ordinary Least Squares (OLS) technique was used to perform multiple regression analysis with the help of the Statistical Package for Social Sciences (SPSS) to test corruption's effect on foreign direct investment in countries of the Western Balkans. To determine the relationship between the dependent variable and the independent variables, the following multiple regression equation was used based on the model designed by Omodero (2019):…”
Section: Methodsmentioning
confidence: 99%
“…Therefore, Nigeria needs to control corruption to attract more FDI. Omodero (2019) investigated the impact of corruption on FDI inflows in Nigeria using several control variables. This study covers a data period from 1996 until 2017.…”
Section: IVmentioning
confidence: 99%
“…There is a vast number of empirical studies on the effects of corruption on economic indicators such as economic growth, foreign direct investment, capital market, and ease of doing business (Anoruo and Braha, 2015;Omodero, 2019;Karama, 2014;Bonga and Mahuni, 2018;Mongay and Filipescu, 2012;Nageri, Nageri, and Amin, 2015;Bounoua and Matallah, 2014). Findings of the studies are inconclusive, and the debate on the impact of corruption still rages on.…”
Section: Literature Reviewmentioning
confidence: 99%