Corruption, income and business development Online publication date: Fri, 10-Mar-2017
by Monica Violeta Achim
J. for International Business and Entrepreneurship Development (JIBED), Vol. 10, No. 1, 2017
Abstract: The main objective of this study was to investigate the influence of the level of corruption on business development. A large cross-countries survey of about 185 countries was used for the period 2012-2015. The empirical findings of this study show that corruption significantly reduced business development, being a major obstacle to economic growth. The influence of corruption on business development is highest when the index of doing business is used. This is significantly higher for developing countries as compared with developed countries. The findings emphasise the fact that corruption is a poverty-driven disease which significantly hinders business development. It was also found that that institutional quality plays a main role in reducing corruption thus enhancing the business development. This study may have significant implications for managers, investors, public bodies or business environment, by providing empirical evidences on the impact of corruption and institutional quality on business development.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the J. for International Business and Entrepreneurship Development (JIBED):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook