• 무역학회지
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• 제46권2호
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• pp.337-354
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• 2021

Several previous studies have not been able to derive consistent research results on the impact of the level of corruption in local countries on foreign direct investment. Therefore, in order to suggest that this study should consider the relative level of corruption rather than the level of absolute corruption, 1) first, examine the moderating effect of the absolute level of corruption on the determinants of foreign direct investment, and 2) examine the moderating effect of the relative corruption on the determinants of foreign direct investment. This study collected 9-year data from 2012 to 2020 based on the Corruption Perceptions Index (CPI) published by Transparency International. A total of 549 observations (country-year) from 82 countries were sampled and a generalized estimation equation (GEE) analysis was performed. As a result of empirical analysis, it was found that the moderating effect of absolute corruption did not appear, whereas the moderating effect of relative corruption reversed the negative (-) relationship between cultural distance and foreign direct investment into a positive (+) relationship. Based on these empirical results, this study suggest that Korean companies need to consider the relative level of corruption with Korea instead of the absolute level of corruption of the investee when conducting foreign direct investment.

• 아태비즈니스연구
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• 제11권1호
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• pp.77-91
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• 2020

Purpose - The purpose of this study is to examines the effect of corruption pressure in host country on sequential investment. The study further investigates how the information acquisition capacity of MNEs and the political tie in the host country had a moderating effect on the relationship between corruption and sequential investment. Design/methodology/approach - Ordered logistic regression is hired to analyze 1,260 MNEs' sequential investment in Vietnam. Findings - The empirical results of this study demonstrate the more MNEs perceive the strong level of pressure to be corrupt in the local market, the less they are likely to invest. The information acquisition capacity of MNEs has been shown to mitigate the negative effects of corruption pressures on sequential investments, while the moderating effect of political tie in host country is partially supported. Research implications or Originality - This study identified that the corruption pressures of host countries negatively affect not only MNEs that are entering, but also the ones that have already entered host countries; the corruption discourages any sequential investment for existing MNEs. By suggesting two moderating variables, this study will provide managerial implications for MNEs and managers who face corruption pressure in host countries.

• 한국시스템다이내믹스연구
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• 제15권4호
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• pp.29-60
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• 2014

As every commentators has noted, bureaucratic corruption, which has complicated causes, is prevalent phenomenon in Korean society. Especially, most people realize that systemic corruption has a strong negative effect on society; however, only few studies reflect on the nature of 'systemic corruption' and it seems that no established theory explains the phenomenon. Thus, this study suggest that we look more carefully into the nature and mechanisms of 'systemic corruption'. Interdisciplinary approach based on the integrated model of structure-behavior to analyse the nature of bureaucratic corruption. The system dynamics method can test the mechanisms of 'systemic corruption'. With this way, the factors generating systemic corruption represent the relationships reinforcing and balancing within system dynamics model. This paper also consider 'isomorphism' and 'dominance' as control mechanisms to systemic corruption. From the CLD(Causal Loop Diagram), three main areas(rent in organization, networking, control mechanisms) are overlapped and it indicates dynamic relationships of systemic corruption in organizations.

• The Journal of Asian Finance, Economics and Business
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• 제7권10호
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• pp.629-639
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• 2020

The current study explains how corruption, terrorism, political stability and oil price has an effect on on the Iraq stock exchange utilizing corruption perception index as a proxy of corruption, global terrorism index as proxy for terrorism, political stability and oil price with ISX60 index as proxy of stock market for the period (2005-2019) using Ordinary Least Square method. The results show that the level of corruption, terrorism activities and political stability coefficient is significantly positive with Iraq stock exchange. In contrast, the oil price coefficient is significantly negative with Iraq stock exchange, which means that lower levels of corruption, less terrorism activities and more stability in political system have strong influence on stock market development in Iraq. The study concludes that the explanatory variables are important for Iraq stock exchange. Hence, the study suggests the policy makers to develop stock market by implementing policies and strategies to overcome high level of corruption, terrorism activities especially after ISIS/ISIL announcement has been made public. There is a need for transparency and creating stable political environment through good governance practices in order to attract more foreign investment and promote economic development. Factors like terrorism and corruption make economic and political systems unstable and has an adverse effect on on Iraq's stock exchange performance.

• 무역학회지
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• 제46권2호
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• pp.177-191
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• 2021

Based on the existing OFDI (outward foreign direct investment) literature, this study endeavored to verify how the corruption of host countries affects the partner strategy of EMNEs (emerging multinational enterprises) when EMNEs enter global markets through joint ventures. Following the existing literature, this study classified corruption and partner strategies into two categories, respectively. First, the corruption of host country was divided into grand corruption and petty corruption. Second, EMNEs' joint venture partner strategy was divided into home country partner joint venture and host country (i.e., local) partner joint venture. Our hypothesis suggested that the greater the host country's grand corruption, the more EMNEs would choose the host country partner, while the strong petty corruption leads to the preference of home country partner in host country. The hypotheses were verified with a sample of 890 foreign direct investment cases of Chinese multinational companies from 2005 to 2015. As a result of the study, regardless of the degree of corruption, it was found that they prefer joint ventures with home country partners when EMNEs enter the global market through joint ventures.

• International Journal of Computer Science & Network Security
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• 제21권3호
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• pp.134-140
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• 2021

The development of technology speeds up the process of obtaining information and its analysis to track the level of corruption in different countries and develop countermeasures. This study examines the role of information and analytical support of anti-corruption policy as a tool for government accountability and analysis, evaluation, combating corruption in Eastern Europe. The purpose of the article is to identify the components of the information-analytical system that help reduce the level of corruption. The research methodology is based on a qualitative content analysis of the functioning of information and analytical systems of Ukraine used by anti-corruption bodies. A quantitative analysis of the CPI score was conducted, according to Transparency International, to identify the effectiveness of anti-corruption policies in developing countries. The results show similar trends in countries developing on the effect of the use of information and analytical systems in the implementation of anti-corruption policies, strategies and measures. The strategy to combat corruption mainly involves increasing the independence and powers of anti-corruption bodies. Therefore, the development of information and analytical support is aimed at automating the processes of pre-trial investigations and criminal proceedings, information protection. As a tool for accountability, information and analytical systems may be ineffective due to the abuse of power by higher anti-corruption bodies due to political pressure from elite structures. Restrictions on political will are a major problem for the effectiveness of anti-corruption policies.

• 아태비즈니스연구
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• 제10권4호
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• pp.153-165
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• 2019

This paper examined economic liberalization and corruption in ASEAN member affect Korea's foreign direct investment. We use 160 (country-year) observations from ASEAN 10 member countries for a period of 16 years from 2001 to 2016, with the Economic Liberalization Index provided by the Fraser Institute and the corruption recognition index provided by the International Transparency Organization. As results, economic liberalization showed a non-linear(U shaped) effect on foreign direct investment and corruption has a negative effect on foreign direct investment.

• 문화기술의 융합
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• 제7권2호
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• pp.97-106
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• 2021

본 논문은 찰 서비스는 국민들의 삶과 직접적인 연관이 있다는 점에서 경찰 부패를 통제하는 문제가 매우 중요하다. 이를 위해 경찰부패로 가는 구조적 관계 연구가 선행되어야 한다. 본 연구에서는 경찰부패 요인을 개인적 요인, 조직문화적 요인, 법제도적 요인으로 분류하여 경찰공무원의 직업정체성과 조직시민행동을 매개로 경찰부패에 미치는 관계를 분석하였다. 이에 일반시민을 대상으로 설문조사를 실시하여 구조방정식 모형을 적용해 분석하였다. 본 연구 결과를 정리하면 다음과 같다. 첫째, 경찰부패요인 중 조직문화적 요인과 법제도적 요인은 경찰의 직업정체성에 부정적인 영향이 있었다. 둘째, 법제도적 요인은 경찰의 조직시민행동에 부정적인 영향이 있었다. 셋째, 조직문화 요인과 법제도적 요인은 경찰부패 수준에 정적 영향이 있었다. 즉, 경찰 부패의 조직문화 요인과 법제도적 요인이 심화되면 경찰의 부패수준에 이에 상응해 상승하는 것으로 나왔다. 마지막으로 경찰의 직업정체성과 조직시민행동은 조직 문화적 요인과 법제도적 요인에 대해 부적 매개효과가 있었다. 즉 경찰의 직업정체성과 조직시민행동을 강화하면 경찰 부패 수준을 낮추는 완화효과가 있었다.

• International Journal of Computer Science & Network Security
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• 제22권9호
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• pp.169-174
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• 2022

The purpose of the study is to research the legal nature and essence of corrupt behavior, as well as the international and national legal aspects of the fight against corruption. The article discloses the relation between the factual results of the operation of anti-corruption normative and legal acts and the goals and objectives for which they were adopted. The effectiveness of the regulatory effect and quality of anti-corruption legislation is determined by the example of the Russian Federation. The article provides an analysis of theoretical aspects of the theory and history of the formation and development of anti-corruption legislation (on the example of Russia and some other countries, as well as international legal norms) giving several practical examples from foreign legislation demonstrating the structure of the system of government bodies battling against corrupt behavior (including its latent forms). The authors suggest that there is a need for a unified conception of information and propaganda support of state anti-corruption activities. This will make it possible to inform the population that the state is actively working to prevent corruption threats and to bring perpetrators to justice, as well as contribute to citizens' trust in the state policy in this area. At the same time, it is necessary to regularly inform the citizens about the provisions of the anti-corruption legislation, explaining the importance of their observance.

• 의정연구
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• 제25권2호
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• pp.141-177
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• 2019

본 연구는 법체계(legal system)를 중심으로 국가 간 부패인식수준의 차이를 설명한 선행연구를 비판적으로 검토하고 역사 결정론적 성격을 완화한 법문화(legal culture) 개념에 주목했다. 사법문화를 자국 사법체계에 대한 시민들의 공유된 인식으로 정의하고, 이를 사법서비스에 대한 접근성과 법원(재판)의 공정성에 대한 시민인식으로 포착하여 국가 간 부패수준의 차이를 설명하고자 했다. 78개국을 대상으로 한 교차국가분석을 통해 1) 법원(재판)의 공정성이 부패인식의 국가 간 차이를 일관되고 통계적으로 유의하게 설명하고 있다는 점과 2) 사법서비스에 대한 접근성은 국가 간 부패인식수준의 차이를 설명하지 못한다는 점을 확인했다. 연구결과가 갖는 정책적 함의는 부패방지뿐만 아니라 광의의 사법정의 실현을 위한 개혁의 초점은 법조서비스의 공급측면보다는 법관의 중립성과 독립성을 저해하는 관행과 제도의 개선에 두어야 한다는 점이다. 아울러 사법문화의 요체가 자국 사법시스템에 대한 시민들의 공유된 인식이라고 정의한 바와 같이, 본 연구는 평등하고 공정한 사법절차에 대한 폭넓고 견고한 시민의식이 "공권력의 사적 오·남용인 부패"를 방지하는 필수 불가결의 사법문화임을 주장한다.