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Contribution Details
Type | Master's Thesis |
Scope | Discipline-based scholarship |
Title | Is Corruption part of the cost of doing business. When informal payments are necessary for trade. |
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Institution | University of Zurich |
Faculty | Faculty of Business, Economics and Informatics |
Date | 2022 |
Abstract Text | This study uses firm level survey data from 33 countries and 18’887 enterprises, to analyse the magnitude of, and factors contributing to, corruption, here defined as the practice of firms giving informal payments or gifts to public officials. The data was obtained from the EBRDEIB- WB Enterprise Survey (ES) (World Bank, the European Bank for Reconstrcution and Development (EBRD) and the European Investment Bank (EIB), 2022). To empirically evaluate the connection between bribery and the observed factors, a series of multiple regressions were performed using the Ordinary least squared method (OLS). In this study it was found that corruption is more likely to occur in specific countries, while the predominant religion of the country has been shown to have no impact upon corruption. However, the industry within which a firm operates can have an impact upon corruption. Lastly, the Corruption Perception Index was found to have no correlation with the type of bribery investigated in this study. These results could help us understand how much corruption exits, and under which conditions corruption is more likely to occur. Such findings could help assist in the mitigation process of corruption. |
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