Firms, Context, and Bribery in a Transition Economy*
Advances in Pacific Basin Business, Economics and Finance
ISBN: 978-1-83753-865-2, eISBN: 978-1-83753-864-5
Publication date: 4 April 2024
Abstract
This chapter investigates whether, and if so, how particular firms in a transition economy are involved in bribery. Built on pressure theories, we explain how the direct effects of firm characteristics and contextual characteristics determine firm bribery behavior. Entrepreneurs make choices based on perceptions of a specific pressure due to organizational characteristics (internal pressures) or due to context (external pressures). The relationship between firm characteristics, context, and bribery was estimated using unique data from a survey of 606 Vietnamese entrepreneurs. We controlled for various entrepreneurial, organizational, and industrial characteristics. The exploratory findings support firm attributes hypotheses, which is a negative relationship between firm size and bribery and a nonmonotonic U-shaped relationship between firm age and bribery. Besides, the effects of context on bribery are also found. Specifically, the result supports a positive relationship between competition and bribery and a negative relationship between the quality of the government and bribery.
Keywords
Citation
Tu, P.A. (2024), "Firms, Context, and Bribery in a Transition Economy
Publisher
:Emerald Publishing Limited
Copyright © 2024 Phan Anh Tu. Published under exclusive licence by Emerald Publishing Limited