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Corruption in international business: A review and research agenda

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We systematically reviewed the literature on corruption in international business (137 articles) for the last 17 years between 1992 and 2019. Additionally, we identified seven research streams in this growing literature: (1) the legislation against corruption, (2) the determinants of corruption, (3) combating corruption, 4) the effect of corruption on firms, (5) the political environment and corruption, (6) corruption as a challenge to existing theories of management, and (7) the effect of corruption on foreign direct investment and trade. Based on this review, we recommend that strong international laws are needed to minimize the negative impact of corruption on international business. Firms must also consider corruption when formulating strategies to increase operational efficiency and performance. Finally, corruption challenges some key assumptions of existing theories of management. Scholars need to test and expand these existing theories by considering corruption as an important issue in international business.

  • Bibliometric analysis
  • Content analysis
  • International business
  • Meta-literature review

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  • 10.1016/j.ibusrev.2019.101660

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  • International Business Business & Economics 100%
  • Research Agenda Business & Economics 98%
  • Corruption Business & Economics 96%
  • Business Performance Business & Economics 14%
  • Foreign Direct Investment Business & Economics 13%
  • International Law Business & Economics 12%
  • Political Environment Business & Economics 10%
  • Operational Efficiency Business & Economics 9%

T1 - Corruption in international business

T2 - A review and research agenda

AU - Bahoo, Salman

AU - Alon, Ilan

AU - Paltrinieri, Andrea

N1 - Publisher Copyright: © 2019 The Author(s)

PY - 2020/8

Y1 - 2020/8

N2 - We systematically reviewed the literature on corruption in international business (137 articles) for the last 17 years between 1992 and 2019. Additionally, we identified seven research streams in this growing literature: (1) the legislation against corruption, (2) the determinants of corruption, (3) combating corruption, 4) the effect of corruption on firms, (5) the political environment and corruption, (6) corruption as a challenge to existing theories of management, and (7) the effect of corruption on foreign direct investment and trade. Based on this review, we recommend that strong international laws are needed to minimize the negative impact of corruption on international business. Firms must also consider corruption when formulating strategies to increase operational efficiency and performance. Finally, corruption challenges some key assumptions of existing theories of management. Scholars need to test and expand these existing theories by considering corruption as an important issue in international business.

AB - We systematically reviewed the literature on corruption in international business (137 articles) for the last 17 years between 1992 and 2019. Additionally, we identified seven research streams in this growing literature: (1) the legislation against corruption, (2) the determinants of corruption, (3) combating corruption, 4) the effect of corruption on firms, (5) the political environment and corruption, (6) corruption as a challenge to existing theories of management, and (7) the effect of corruption on foreign direct investment and trade. Based on this review, we recommend that strong international laws are needed to minimize the negative impact of corruption on international business. Firms must also consider corruption when formulating strategies to increase operational efficiency and performance. Finally, corruption challenges some key assumptions of existing theories of management. Scholars need to test and expand these existing theories by considering corruption as an important issue in international business.

KW - Bibliometric analysis

KW - Bribery

KW - Content analysis

KW - Corruption

KW - International business

KW - Meta-literature review

KW - Politics

UR - http://www.scopus.com/inward/record.url?scp=85077360503&partnerID=8YFLogxK

U2 - 10.1016/j.ibusrev.2019.101660

DO - 10.1016/j.ibusrev.2019.101660

M3 - ???researchoutput.researchoutputtypes.contributiontojournal.article???

AN - SCOPUS:85077360503

SN - 0969-5931

JO - International Business Review

JF - International Business Review

M1 - 101660

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Corruption in international business: A review and research agenda

International Business Review

Related Papers

Opi Outhwaite , Indira Carr

corruption in international business a review and research agenda

Global Business Review

Deepraj Mukherjee

While many studies have shown that increased levels of economic globalization diminish the level of corruption among trading partners, there are studies that have raised doubts against this claim. In this article, we explore this relationship in a large sample of 138 countries and find that the effect of economic globalization on the level of corruption is not significant. The findings, however, are not indicative of the undesirability of economic globalization. In fact, we find that greater levels of economic development are associated with lower levels of corruption. Nevertheless, it does call for some precaution and monitoring as trade openness alone may not be the panacea for controlling corruption and other factors, for example, the importance of building of relevant institutions to curb corruption may need to be considered. Additionally, it is important to identify moderator and mediator variables that may change the strength and direction of the aforementioned relationship. W...

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The detrimental impact of corruption on society and economic well-being in both developed and developing countries is well established. International business provides ample opportunity for engaging in a variety of corrupt activities, from bribing of public officials and others in positions of power for obtaining contracts, licences and tax concessions to price fixing and bid rigging. Increased awareness of the negative impact of corruption has over recent years led to the introduction of a broad spectrum of measures designed to combat corruption including in the private sector. These measures involve a range of stakeholders and regulatory approaches (both legal and non-legal). The essential questions now concern the extent to which these are achieving their objectives in terms of tackling corruption. This Interim Report starts with a discussion of the current anti-corruption framework and then proceeds with an examination of the available empirical research to establish how corruption in the business sector is addressed. Though these earlier surveys usefully highlight some general themes they are not directly comparable, provide only a limited understanding of the issue, and raise many unanswered questions. Sections 2 and 3 of this Report thus provide the context for the present authors’ own survey. Sections 4 and 5 discuss in detail the design and implementation of this survey (to date), which aims to provide a more comprehensive understanding of the extent to which key stakeholders are aware of and respond to different anti-corruption measures, the activities they are involved in for the purpose of combating corruption, and the factors which influence their behaviour in relation to corruption. As well as providing valuable insights with respect to company views and experiences this research is unique in also surveying NGOs. The findings of this research project should therefore lead to a greater understanding of stakeholder practices and perceptions, and consequently of how anti-corruption efforts might be strengthened. Whilst it would be premature to draw conclusions at this pilot stage, the findings of the pilot survey discussed in Section 6 highlight the value of investigating stakeholder views in this way, as well as raising some interesting possibilities regarding assumptions about their actions and motivations and additional questions for the next phase of the survey.

"Since the 1990s the international community has become acutely aware of the role of businesses in the growth of corruption globally and the debilitating effects of corruption on economic growth and development. A multitude of strategies from regulation in the form of international legal instruments and self-regulation in the form of codes of conduct through to training of employees and involvement of NGOs and citizens in tackling corruption have emerged and these have been vociferously advocated by international organizations, chambers of commerce and NGOs. This article examines the extent to which these strategies have impacted on the policies and practices of businesses through a survey of companies listed in The Times (London) which included all industry sectors with the exception of banking and finance. The survey findings indicate that despite the huge efforts in devising and publicising anti-corruption strategies by the international community these strategies seem to have had limited impact on the policies and practices of companies."

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Corruption in international business : A review and research agenda

Bahoo, salman ; alon, ilan ; paltrinieri, andrea, journal article, peer reviewed, published version.

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We systematically reviewed the literature on corruption in international business (137 articles) for the last 17 years between 1992 and 2019. Additionally, we identified seven research streams in this growing literature: (1) the legislation against corruption, (2) the determinants of corruption, (3) combating corruption, 4) the effect of corruption on firms, (5) the political environment and corruption, (6) corruption as a challenge to existing theories of management, and (7) the effect of corruption on foreign direct investment and trade. Based on this review, we recommend that strong international laws are needed to minimize the negative impact of corruption on international business. Firms must also consider corruption when formulating strategies to increase operational efficiency and performance. Finally, corruption challenges some key assumptions of existing theories of management. Scholars need to test and expand these existing theories by considering corruption as an important issue in international business.

Bahoo, S., Alon, I., Paltrinieri, A., Corruption in international business: A review and research agenda, <<INTERNATIONAL BUSINESS REVIEW>>, 2020; (29): 1-24. [doi:10.1016/j.ibusrev.2019.101660] [http://hdl.handle.net/10807/177728]

Corruption in international business: A review and research agenda

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COMMENTS

  1. Corruption in international business: A review and research agenda

    The literature on corruption in international business is maturing rapidly and covers multiple research areas. Nevertheless, there are still aspects of corruption in international business that are essential to explore. To provide recommendations for the future research agenda, we utilized a four-step methodology.

  2. Corruption in international business: A review and research agenda

    International Business Review, 2020, vol. 29, issue 4. Abstract: We systematically reviewed the literature on corruption in international business (137 articles) for the last 17 years between 1992 and 2019. Additionally, we identified seven research streams in this growing literature: (1) the legislation against corruption, (2) the determinants ...

  3. Corruption in international business: A review and research agenda

    Corruption in economics: a bibliometric analysis and research agenda. Salman Bahoo I. Alon Josanco Floreani. Economics, Political Science. 2020. ABSTRACT We conducted a bibliometric analysis of the literature on corruption in the discipline of economics (4,488 articles) over the past 51 years between 1968-2019. Through this methodology, we….

  4. Corruption in international business: A review and research

    Downloadable (with restrictions)! We systematically reviewed the literature on corruption in international business (137 articles) for the last 17 years between 1992 and 2019. Additionally, we identified seven research streams in this growing literature: (1) the legislation against corruption, (2) the determinants of corruption, (3) combating corruption, 4) the effect of corruption on firms ...

  5. Corruption in international business: A review and research agenda

    We systematically reviewed the literature on corruption in international business (137 articles) for the last 17 years between 1992 and 2019. Additionally, we identified seven research streams in this growing literature: (1) the legislation against corruption, (2) the determinants of corruption, (3) combating corruption, 4) the effect of corruption on firms, (5) the political environment and ...

  6. PDF Corruption in international business A review and research agenda

    (Cuervo-Cazurra, 2016). However, research on corruption in interna-tional business was almost non-existent before the globalization of ... synthesis of the literature on corruption in international business Fig.1. ... International Business Review 29 (2020) 101660 4 (Mijares,2015)(no.80inFig.3),theUS(Spalding,2011)(no.54in ...

  7. Corruption in international business: A review and research agenda

    Downloadable (with restrictions)! Author(s): Bahoo, Salman & Alon, Ilan & Paltrinieri, Andrea. 2020 Abstract: We systematically reviewed the literature on corruption in international business (137 articles) for the last 17 years between 1992 and 2019. Additionally, we identified seven research streams in this growing literature: (1) the legislation against corruption, (2) the determinants of ...

  8. Corruption in international business: A review and research agenda

    Fig. 3. Citation map of the literature on corruption in IB. The HistCite software is used to create map. *76 articles form this map. For details see Table A1. - "Corruption in international business: A review and research agenda"

  9. Corruption in international business: A review and research agenda

    Academia.edu is a platform for academics to share research papers. Corruption in international business: A review and research agenda (PDF) Corruption in international business: A review and research agenda | Ilan Alon - Academia.edu

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    A reliable understanding of corruption in IB has prescriptive implications for MNEs' strategies to manage it. We propose three means by which research on corruption can improve its reliability: (i) develop theorizing and empirical modelling on mechanisms at the firm level; (ii) develop conceptual and empirical clarity and alignment on the distinct nature of corruption being investigated (i.e ...

  11. Corruption in international business: A review and research agenda

    The detrimental impact of corruption on society and economic well-being in both developed and developing countries is well established. International business provides ample opportunity for engaging in a variety of corrupt activities, from bribing of public officials and others in positions of power for obtaining contracts, licences and tax concessions to price fixing and bid rigging.

  12. Corruption in international business : A review and research agenda

    Original version Bahoo, S., Ilan, A. & Paltrinieri, A. (2019) Corruption in international business : A review and research agenda. International Business Review, 29(4 ...

  13. Corruption in international busin... preview & related info

    Abstract. We systematically reviewed the literature on corruption in international business (137 articles) for the last 17 years between 1992 and 2019. Additionally, we identified seven research streams in this growing literature: (1) the legislation against corruption, (2) the determinants of corruption, (3) combating corruption, 4) the effect ...

  14. Rethinking corruption in international business: An empirical review

    Corporate corruption: A review and an agenda for future research. Academy of Management Annals (2020) A ... We introduce this Journal of World Business special issue on methodological advances in international business (IB) research. Due to technological advances and the availability of bigger, deeper, and multi-level data, there is a need to ...

  15. Corruption in International Business: Does Economic Globalization Help

    Abstract. While many studies have shown that increased levels of economic globalization diminish the level of corruption among trading partners, there are studies that have raised doubts against this claim. In this article, we explore this relationship in a large sample of 138 countries and find that the effect of economic globalization on the ...

  16. Corruption, formal institutions, and foreign direct investment: The

    Purpose. Corruption has shown a mixed impact on foreign direct investment (FDI). This study proposed moderating the role of two—foreign aid (international institution) from the home country and democracy (national institution) in the host country—between corruption-FDI nexus.

  17. Corruption in international business: A review and research agenda

    Business, Economics. Organ. Sci. 2006. TLDR. This work finds that firms adapt to the pressures of corruption via short-term contracting and entry into joint ventures, and shows that MNEs use nonequity-entry modes or partnering as an adaptive strategy to participate in markets despite the presence of corruption. Expand.

  18. Corruption in international business: A review and research agenda

    We systematically reviewed the literature on corruption in international business (137 articles) for the last 17 years between 1992 and 2019. Additionally, we identified seven research streams in this growing literature: (1) the legislation against corruption, (2) the determinants of corruption, (3) combating corruption, 4) the effect of ...

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  20. Corporate Corruption: A Review and an Agenda for Future Research

    In this article, we define corporate corruption and argue that management researchers are uniquely positioned to contribute to the development of a theory of corporate corruption and the development of solutions to prevent it. We then examine the current state of research on this important topic and propose a framework for organizing research ...

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    We contribute to the literature on corruption in international business by introducing theoretical diversity to this stream of research through our conceptualization of corruption as a perverse innovation, also integrating it with the concept of moral intensity (Jones, 1991), as well as modularity and complexity (Ethiraj et al., 2008, Simon, 1962).

  22. Corruption in international business: A review and research agenda

    Table 8 Future research questions. - "Corruption in international business: A review and research agenda"