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The Social And Economic Impact Of Corruption On Nations And Multinational Corporations

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  • THOMAS M. FITZPATRICK

    (Business and Economics, Saint Anselm College, New Hampshire, USA)

Abstract

This paper focuses on the social and economics impact of corruption on national economies and multinational corporations. The paper addresses the importance of eliminating corruption from the standpoint of its macro economics effects on gross domestic product, foreign direct investment and entrepreneurial activity within an economy. It also examines the impact that corrupt business environments have on multi national corporations and their abilities to compete in such environments.

Suggested Citation

  • Thomas M. Fitzpatrick, 2009. "The Social And Economic Impact Of Corruption On Nations And Multinational Corporations," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
    • Handle: RePEc:bbn:journl:2009_2_2_fitzpatrick
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    File URL: http://tbs.ubbcluj.ro/RePEc/bbn/journl/2009_2_2_Fitzpatrick.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    corruption; social impact; economic impact; national economies; corporations;
    All these keywords.

    JEL classification:

    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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