Firm bribery and revenue dependence on state-owned enterprises: evidence from a socialist-oriented economy

نویسندگان

چکیده

This study explores the relationship between corporate bribery cost and revenue dependence on contracts from state-owned enterprises (SOEs) in Vietnam, a country with high level of corruption dominant public sector. Using multiple fixed effect estimator entropy balancing technique, our empirical results suggest that firms depend SOEs government must bear higher relative to their counterparts. After clearly classifying contracts, we show SOE-dependent is 23.07% than average firms. The finding implies general pay bribes SOEs’ management secure contractual status. Further analysis shows firm sensitive norms. Our findings provide several implications for policymakers, business strategy, future research.

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ژورنال

عنوان ژورنال: Cogent Business & Management

سال: 2022

ISSN: ['2331-1975']

DOI: https://doi.org/10.1080/23311975.2022.2151162