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Which Entrepreneurs Bribe and what do they Get from It? Exploratory Evidence from Vietnam

Year: 2010
Type: article
Study design: Observational Study
Abstract: This article investigates whether bribery in emerging economies matters and whether such bribery has a diminishing return to performance. Bribery allows entrepreneurs to develop and foster a network of informal relationships with public officials, and reap the accompanying benefits; but it may also have disadvantages, such as an inefficient allocation of resources. The relationship between bribery and performance was estimated using unique data derived from a survey of 606 Vietnamese entrepreneurs. We controlled for various entrepreneurial, organizational, and industrial characteristics. The exploratory results provide support for a hill–shaped non–monotonic relationship between bribery and revenues.
Language: English
Open Access status: green
OpenAlex ID: W2134806263
FWCI: 8.316
Cites: 86
Cited by: 157
Related to: 10