Effects of subnational regional corruption on growth strategies in emerging economies: Evidence from Russian domestic and international M&A activity
Abstract
Research Summary This article contributes to an improved understanding of the effects of subnational regional corruption on the external growth strategies of emerging economy firms. We examine the acquisition activity of firms in their home regions, in other parts of the country, and internationally. We consider four mechanisms through which a corrupt regional home context can affect firms’ acquisition behaviors: (a) corrosive deal deterrence,...
Paper Details
Title
Effects of subnational regional corruption on growth strategies in emerging economies: Evidence from Russian domestic and international M&A activity
Published Date
Feb 19, 2018
Journal
Volume
9
Issue
2
Pages
303 - 332
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