The assessment of corruption impact on the inflow of foreign direct investment

Gasanova, Ayshan; Медведев, А. Н.; Komotskiy, E. I.

doi:10.1063/1.4981951

Cited by 20 publications

(17 citation statements)

References 3 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…These results indicate that when a country is getting rid of corruption, foreign investor confidence will increase to invest in the country. This was in accordance with previous studies by Sambharya (2015), Gasanova (2017) and Taufik (2017) who stated in their research that the low level of corruption can increase the FDI inflows.…”

Section: Determinants Of Fdi Inflowssupporting

confidence: 93%

DETERMINANTS Of FDI INFLOWS IN SIX ASEAN COUNTRIES IN 1998-2016

Firdaus

Mulatsih

Ahmaddien

2019

JEES

View full text Add to dashboard Cite

Investment is an important element of the growth and the development of economic. Foreign Direct Investment (FDI) is one of the investment sources as an alternative to the Domestic Investment that might be difficult to be fulfilled by a country itself. The increased numbers of FDI inflows to ASEAN countries turns out were not evenly distributed to each country. This research is important to determine the development and determinants of FDI inflows in six ASEAN countries in the period of 1998-2016. From the panel data regression analysis, it can be concluded that the variable levels of corruption negatively affect the FDI inflows, while the level of economic freedom and income per capita has a positive effect on FDI inflows in six ASEAN countries in 1998-2016.

show abstract

Section: Determinants Of Fdi Inflowssupporting

confidence: 93%

DETERMINANTS Of FDI INFLOWS IN SIX ASEAN COUNTRIES IN 1998-2016

Firdaus

Mulatsih

Ahmaddien

2019

JEES

View full text Add to dashboard Cite

show abstract

“…The findings revealed that corruption exerted negative and significant influence on FDI. Gasanova et al (2017) assessed the impact of corruption on FDI inflows by dividing countries into 4 categories. The results of the study revealed that countries with low level of corruption and favourable economic environment attract FDI inflows while countries with high level of corruption and unfavourable economic environment do not attract FDI inflows.…”

Section: Studies Supporting That Corruption Has Negative Impact On Fdmentioning

confidence: 99%

“…Studies have shown that countries with good regulatory framework attract more FDI inflows while those with poor legal structure cannot safeguard investment (Peres, Ameer & Xu, 2018) and so foreign investors are scared of investing in such countries. Corruption includes bribery and any other activities of people, having obligation in the public or private sector, who disrupt their responsibilities for selfish gains (Gasanova, Medvedev & Komotskiy, 2017). The menace of corruption especially on young generation led to the OECD Anti-Bribery convention which mandated OECD member countries to enforce criminal actions against any form of bribery noticed among foreign public officials in international business transactions and to ensure effective monitoring at its implementation stage (Blundell-Wignall & Roulet, 2017).…”

Section: Introductionmentioning

confidence: 99%

Effect of Corruption on Foreign Direct Investment Inflows in Nigeria

Omodero

2019

Studia Universitatis „Vasile Goldis” Arad – Economics Series

View full text Add to dashboard Cite

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.

show abstract

“…On the empirical study on BRICS and MINT countries showed that market size, infrastructure availability, and trade openness are significant factors, while natural resources availability and institutional quality are insignificant factors in attracting FDI (Asongu, Akpan, Isihak, 2018). Other researchers also stated that due to the high attractiveness of markets -the wide domestic market, cheap labor, the wealth of natural resources -the corruption level is insignificant on FDI inflows (Gasanova, Medvedev, Komotskiy, 2017). In the study by Masron, Naseem and Wahab proved that Institutional Quality (IQ), the non-economic factor would mere but not must improve FDI in BRICS countries (Masron, Naseem, Wahab, 2018).…”

Section: Literature Reviewmentioning

confidence: 99%

The impact of the Turn to the East Policy on foreign direct investment in the Russian Far East

Lee

2019

Vestn. Ross. univ. družby nar., Ser. Èkon.

View full text Add to dashboard Cite

This study aims to measure the effectiveness of Russia’s Turn to the East Policy, addressed by the federal government in 2012, on the economic development of the underdeveloped Far Eastern regions, in terms of foreign direct investment (FDI) inflows data. To do so, this paper analyzed the results of the representative policy mechanisms - designed to promote the Far Eastern investments - of the Turn to the East Policy, comprised of the Eastern Economic Forum (EEC), Advanced Special Economic Zones (ASEZs), and Vladivostok Free Ports (VFPs), based on the secondary data from the governmental organizations. From the study, in spite of the previous contentions on those policy mechanisms amongst policymakers, we elucidate the incremental growing FDI - majorly contributed by the East Asian countries: China, Japan, and South Korea - propensity in the Far East. The three Eastern Asian countries promote investments in the Russian Far East for different eco-political purposes. And it further analyzed that for Russia, despite the remarkable magnitude of Chinese and Japanese FDI compared to South Korea, South Korea is still the most attractive partner, in terms of lack of threats: The Chinese expansionism, and the Kuril Island dispute with Japan.

show abstract

The assessment of corruption impact on the inflow of foreign direct investment

Cited by 20 publications

References 3 publications

DETERMINANTS Of FDI INFLOWS IN SIX ASEAN COUNTRIES IN 1998-2016

DETERMINANTS Of FDI INFLOWS IN SIX ASEAN COUNTRIES IN 1998-2016

Effect of Corruption on Foreign Direct Investment Inflows in Nigeria

The impact of the Turn to the East Policy on foreign direct investment in the Russian Far East

Contact Info

Product

Resources

About