 POLITICAL MANAGEMENT AND CORRUPTION IN DEVELOPING NATIONSCassandra E. DiRienzo and Douglas B. Redington Global Journal of Business Research, 2014, vol. 8, issue 2, 1-11 Abstract: This study empirically explores the relationship between corruption and the quality of political management in developing nations using a cross-country dataset. Specifically, this analysis jointly considers the two theoretical effects of corruption, ‘grease the wheels’ and ‘sand in the wheels’, argued in the literature to determine if a nonlinear relationship exists between corruption and the quality of political management. Using a cross-country data set of 114 countries, the results of this study suggest that corruption has an overall negative effect on the quality of political management in developing nations; however, political managers can benefit from a minimal level of corruption and that the complete absence of corruption can hinder the effectiveness of political managers. The Concluding Comments section includes a discussion of the policy implications of the findings. Keywords: Political Management; Corruption; Developing Nations; Nonlinear (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ibf:gjbres:v:8:y:2014:i:2:p:1-11 Access Statistics for this article Global Journal of Business Research is currently edited by Terrance Jalbert More articles in Global Journal of Business Research from The Institute for Business and Finance Research |
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