Please use this identifier to cite or link to this item: http://dspace.agu.edu.vn:8080/handle/AGU_Library/8737
Nhan đề: Corruption and firm financial performance: New evidence from Vietnam
Tác giả: Huong, Van Vu
Tuyen, Tran Quang
Tuan, Nguyen Van
Lim Steven, Van
Từ khoá: Corruption
Financial performance
SMEs
Institutional quality
Vietnam
Năm xuất bản: 2017
Tùng thư/Số báo cáo: DEPOCEN Working Paper;Volume 1, page 1-23
DEPOCEN Working Paper;Volume 1, page 1-23
Tóm tắt: Using a nationwide survey of provincial institutional quality and a sample of private manufacturing small and medium scale enterprises (the SMEs), this paper is the first to examine the effects of corruption on financial performance of the Vietnamese private SMEs. Interestingly, contrary to previous findings, the study finds that corruption as measured by a dummy variable does not affect firms’ financial performance after controlling for heterogeneity, simultaneity and dynamic endogeneity. However, we find that the intensity of bribe and many types of corruption have negative impacts on firms’ financial performance. Thus, a typical approach using only a dummy variable of bribe might not adequately evaluate the impact of bribe intensity or even ignored negative impacts of some types of bribe on firms’ financial performance. Our findings imply that anti-corruption measures are necessary to the development of the Vietnamese private SMEs
Định danh: http://depocenwp.org/upload/pubs/2017/012017.pdf
http://dspace.agu.edu.vn:8080/handle/AGU_Library/8737
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