The Impact of Corruption and Transparency on Foreign Direct Investment: An Empirical Analysis1

By John Zhao, Seung H. Kim, Jianju Du. 2003

196 citations recorded by the source corpus.

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Information Environment and the Investment Decisions of Multinational Corporations (2013, background): “Prior studies examine how country-level institutional features such as corruption, investor protection, and transparency in government policies affect aggregate FDI flows into countries (see e.g., Wei 2000; Drabek and Payne 2002; Habib and Zurawicki 2002; Zhao et al. 2003; Razin and Sadka 2007).”
Tourism Competitiveness and Corruption: A Cross-Country Analysis (2010, methodology): “Second, research by Mauro (1995, 1997), Ades and Di Tella (1996), Tanzi and Davoodi (1997), Wei (2000) and Zhao et al (2003), among others, has shown that corruption negatively impacts the business and economic factors that Crouch and Ritchie (1999), Ritchie and Crouch (2000, 2003) and Enright and…”
High-level politically connected firms, corruption, and analyst forecast accuracy around the world (2010, background): “In the same vein, Zhao, Kim, and Du (2003) show that the presence of high corruption and low transparency significantly hinders the inflow of FDI to host countries.”
Cross-border takeovers, corruption, and related aspects of governance (2006, background): “…and qualified this finding, not only for a country’s total investment ratio (Keefer and Knack, 1995; Brunetti and Weder, 1998), but also for foreign direct investment (Hines, 1995; Henisz, 2000; Wei, 2000; Wei, 2000a; Habib and Zurawicki, 2001, 2002; Robertson and Watson, 2004; Zhao et al., 2003).”