Artículo
Bribery, on‑the‑job training, and firm performance
Autor/es | Boikos, Spyridon
Pinar, Mehmet ![]() ![]() ![]() ![]() ![]() ![]() ![]() Stengos, Thanasis |
Departamento | Universidad de Sevilla. Departamento de Análisis Económico y Economía Política |
Fecha de publicación | 2023 |
Fecha de depósito | 2023-12-20 |
Publicado en |
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Resumen | The previous literature has extensively examined the effect of firm-level bribery on firm performance but not through on-the-job training. This paper investigates the impact of paying bribes on the firm’s investment decisions ... The previous literature has extensively examined the effect of firm-level bribery on firm performance but not through on-the-job training. This paper investigates the impact of paying bribes on the firm’s investment decisions in on-the-job training and offers mediating implications of corruption on firm performance. We empirically examine the relationship between bribery and on-the-job training using firm-level data from the World Bank Enterprise Surveys consisting of a sample of 94 developing countries with 20,601 firms. The findings show that bribery and on-the-job training intensity affects real annual sales growth rates negatively and positively, respectively. Furthermore, firms exposed to more bribery reduce their on-the-job training intensity. The results are robust to the different classifications of the firm’s size, different subsamples, and controls for the endogeneity of the on-the-job training and bribery. |
Cita | Boikos, S., Pinar, M. y Stengos, T. (2023). Bribery, on‑the‑job training, and firm performance. Small Business Economics, 60 (1), 37-58. https://doi.org/10.1007/s11187-022-00633-6. |
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