Firm-level corruption: Unravelling sand from grease

Arbeitspapier

This paper adds to the recent literature on firm-level corruption by relying on rich data including detailed information on the purpose and amounts of bribe payments among Vietnamese micro, small, and medium firms. Using industry-location averages to instrument for firm-level bribe payments in both a cross-sectional and a panel setting, we provide evidence of a large and significant positive association between corruption and firm performance. We further show that the type of bribe payment does matter: only the payments that can arguably be considered 'voluntary' (rather than extortive) drive this association.

Object Details

• ISBN: 978-92-9256-349-3
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: WIDER Working Paper ; No. 2017/123

Classification and Topics

• Classification: Wirtschaft ; Bureaucracy; Administrative Processes in Public Organizations; Corruption ; Firm Performance: Size, Diversification, and Scope
• Subject: corruption ; firm performance ; small and medium enterprises ; Viet Nam

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Demenet, Axel ; Ho, Hoang-Anh ; Morcillo, Sarah
• Event: Veröffentlichung
• (who): The United Nations University World Institute for Development Economics Research (UNU-WIDER)
• (where): Helsinki
• (when): 2017

Further information

• DOI: doi:10.35188/UNU-WIDER/2017/349-3
• Handle: http://hdl.handle.net/10419/163092
• Last update: 10.03.2025, 11:43 AM CET