Assessing the effects of corruption and crime on firm performance

The paper finds that corruption and crime substantially reduces sales growth. These effects are apparent even after firm characteristics country fixed effects are taking into account. Corruption, and in particular crime, also lowers in investment and employment growth, though these effects are small...

Descripción completa

Autor Principal: Gaviria, Alejandro
Publicado: 2015
Materias:
Acceso en línea:http://hdl.handle.net/11445/1028