Petrou, A. P. and Thanos, I. C. (2014) The “grabbing hand” or the “helping hand” view of corruption: Evidence from bank foreign market entries. Journal of World Business, 49(3), pp. 444-454. (doi: 10.1016/j.jwb.2013.10.004)
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Abstract
This study adopts a resource perspective to explore a non-linear relationship between corruption and two measures of bank foreign market commitment, the capital invested and the share of equity, on a sample of 131 bank entries in forty host countries. Our findings support a U-shaped relationship providing evidence of the “grabbing hand” view at low to moderate levels of corruption and, supporting the “helping hand” view at high levels of it. In addition, market-seeking motives are found to have a positive moderating effect on this relationship. This study contributes to the long-standing debate about the effects of corruption on FDI.
| Item Type: | Articles |
|---|---|
| Status: | Published |
| Refereed: | Yes |
| Glasgow Author(s) Enlighten ID: | Thanos, Dr Ioannis |
| Authors: | Petrou, A. P., and Thanos, I. C. |
| College/School: | College of Social Sciences > Adam Smith Business School > Management |
| Journal Name: | Journal of World Business |
| Publisher: | Elsevier Inc. |
| ISSN: | 1090-9516 |
| ISSN (Online): | 1878-5573 |
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