Bribery environments and firm performance: Evidence from CEE countries

Jan Hanousek and Anna Kochanova

European Journal of Political Economy, 2016, vol. 43, issue C, 14-28

Abstract: We examine the relation between bureaucratic corruption and firm performance in CEE countries. We show that divergent consequences of corruption found in previous studies can be explained by the specifics of the local bribery environment in which firms operate. A higher mean bribery is associated with lower firm performance, while higher dispersion of individual firm bribes appears to facilitate it. We also conduct a detailed analysis by firm sector and size, and countries' institutional environments.

Keywords: Bureaucratic corruption; Firm performance; CEE countries (search for similar items in EconPapers)
JEL-codes: D22 D73 O12 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (31)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:poleco:v:43:y:2016:i:c:p:14-28

DOI: 10.1016/j.ejpoleco.2016.02.002

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