Ethics, Social Responsibility and Corruption as Risk Factors

Gribincea, Alexandru

doi:10.26458/1711

Cited by 5 publications

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“…Foreign Direct Investment (FDI) is a capital investment with a minimum threshold of 10% and a goal of sustainable ownership and managerial interest (Hasan, Rahman, and Iqbal 2017). Corruption involves an implicit agreement between companies, pressure groups, and citizens who are trying to satisfy their selfish interests and exploit private benefits by paying bribes, as well as government officials and politicians who also tend to maximize their income by illegal means using their positions and the authority they possess (Gribincea 2017). Significant increases in global FDI flows have many implications for countries, such as the spread of technology, improvements in human capital, ease of access to global markets, and increased competition, making the macroeconomic and institutional determinants of FDI inflows extremely important for countries in attracting more FDI flows (Bellos and Subasat 2011).…”

Section: Literature Review Theoretical Frameworkmentioning

confidence: 99%

Effect of Corruption on Foreign Direct Investment Inflows in Countries of the Western Balkans

Hajdini¹,

Collaku²,

Merovci³

2023

JLIA

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Section: Literature Review Theoretical Frameworkmentioning

confidence: 99%

Effect of Corruption on Foreign Direct Investment Inflows in Countries of the Western Balkans

Hajdini¹,

Collaku²,

Merovci³

2023

JLIA

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Prospects for European Integration of the Republic of Moldova and the Constitutional Component

Gylka¹

2021

Scientific Research and Development. Economics of the Firm

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The European Union (EU) is an economic and political union of 28 European countries. The population is 508 million people, 24 official and working languages and about 150 regional and minority languages. The origins of the European Union come from the European Coal and Steel Community (ECSC) and the European Economic Community (EEC), consisting of six states in 1951 - Belgium, France, Germany, Italy, Luxembourg and the Netherlands. These countries came together to put an end to the wars that devastated the European continent, and they agreed to share control over the natural resources needed for war (coal and steel). The founding members of ECSC have determined that this European project will not only be developed in order to share resources or to prevent various conflicts in the region. Thus, the Rome Treaty of 1957 created the European Economic Community (EEC), which strengthened the political and economic relations between the six founding states. The relevance of the topic stems from their desire of peoples and countries to live better. The purpose of the study is to identify the internal and external development mechanisms of European countries and, on this basis, to formulate a model of economic, legislative and social development for individual countries. The results of the study provide a practical guideline for determining the vector of the direction of efforts of political, economic, legislative, humanitarian, etc.

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Effect of Corruption on Foreign Direct Investment Inflows in Nigeria

Omodero

2019

Studia Universitatis „Vasile Goldis” Arad – Economics Series

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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 positive impact on FDI. The implication is that the poor legal framework and institutional qualities in Nigeria are helping corruption to thrive in all areas of Nigeria’s economy and might ruin the young generation if nothing is done urgently. The study finds support for helping hand theory of corruption and FDI and also establishes that inflation has a significant negative influence on FDI inflows in the country. Therefore, the study recommends establishment of strong institutional and legal system to curtail the prevailing situation in order to save the future of the country.

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Ethics, Social Responsibility and Corruption as Risk Factors

Abstract: The financial risk characterises the variability of net profit, subject to the financial structure of the insurance.

Cited by 5 publications

References 1 publication

Effect of Corruption on Foreign Direct Investment Inflows in Countries of the Western Balkans

Effect of Corruption on Foreign Direct Investment Inflows in Countries of the Western Balkans

Prospects for European Integration of the Republic of Moldova and the Constitutional Component

Effect of Corruption on Foreign Direct Investment Inflows in Nigeria

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