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Economic analysis of corruption at the company level

Author

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  • Bąk Paulina

    (Faculty of Economic Sciences, University of Warsaw, Warsaw, Poland)

Abstract

Corruption is a factor that affects a company severely either directly or indirectly. It may have a positive or negative impact on the economic situation of the company. This article verifies the hypothesis about the corporate perception of corruption as an obstacle to business performance. It also identifies which factors do have a substantial effect on the perception of corruption by companies. The study was carried out using the logit model. The data used were obtained from the Business Environment and Enterprise Performance Survey (BEEPS) database for 2016.

Suggested Citation

  • Bąk Paulina, 2020. "Economic analysis of corruption at the company level," Central European Economic Journal, Sciendo, vol. 7(54), pages 186-204, January.
  • Handle: RePEc:vrs:ceuecj:v:7:y:2020:i:54:p:186-204:n:12
    DOI: 10.2478/ceej-2020-0015
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    References listed on IDEAS

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    1. Hunt, Jennifer, 2007. "How corruption hits people when they are down," Journal of Development Economics, Elsevier, vol. 84(2), pages 574-589, November.
    2. Braguinsky, Serguey & Mityakov, Sergey, 2015. "Foreign corporations and the culture of transparency: Evidence from Russian administrative data," Journal of Financial Economics, Elsevier, vol. 117(1), pages 139-164.
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    5. Andrzej Cieślik & Łukasz Goczek, 2015. "Percepcja korupcji na poziomie przedsiębiorstw w krajach postkomunistycznych," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 2, pages 55-77.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    corruption; companies; extortion;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation

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