Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Foreign Direct Investment and Corruption: Multinational Enterprises' Behaviour in Corrupt Environments

Foreign Direct Investment and Corruption: Multinational Enterprises' Behaviour in Corrupt Environments

Thede, Susanna
Gravino, Daniel

Hardcover

Investing & FinanceGeneral Political Science

PREORDER - Expected ship date November 27, 2026

ISBN10: 3032229537
ISBN13: 9783032229533
Publisher: Palgrave MacMillan
Published: Nov 27 2026
Pages: 99
Language: English

This open access book provides theory and evidence on the corruption mechanisms that affect multinational enterprises' investment behaviour. The mechanisms are formalised using small-scale modelling of market corruption cost and uncertainty effects in an integrated theoretical framework, which accounts for Cournot competitor behaviour or the enterprise's market entry, ongoing operations, and exit in a two-stage game. These are empirically examined using rich data on Swedish enterprises' production activities and market outreach in the manufacturing, mining and quarrying, communication and information services, financial and insurance services, and professional, scientific and technical services industries. Corruption effects are identified from market entry, investment, and exit regressions and quantified by marginal effects.

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