Corruption and subsidiary profitability: US MNC subsidiaries in the Asia Pacific region

Would multinational corporation (MNC) subsidiaries be more profitable in host countries where corruption is less severe? Would MNC subsidiaries be more profitable in less corrupt countries if they focus on local sales? This paper examines the impact of the level of corruption on the profitability of...

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Veröffentlicht in:	Asia Pacific journal of management 2012-12, Vol.29 (4), p.949-964
Hauptverfasser:	Lee, Seung-Hyun, Hong, Sungjin J.
Format:	Artikel
Sprache:	eng
Schlagworte:	Analysis Bribery Business and Management Corruption Corruption in government Federal government Foreign investment Host country Management Multinational corporations Organization theory Profitability Public officials Regulated industries Sales Studies Subsidiaries
Online-Zugang:	Volltext
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