Ownership structure, corruption, and capital investment: Evidence from firms in selected <scp>Sub‐Saharan</scp> African countries

نویسندگان

چکیده

In this study, we investigate the relationship between ownership structure, corruption, and capital investments in firms operating a selected sample of Sub-Saharan Africa (SSA) countries. Using an unbalanced panel over different time periods that ranged from 2003 to 2016, estimating with fixed effects technique, find foreign bribery payments have positive negative effects, respectively, on investment firms. Furthermore, marginal analysis reveals structure differ significantly across our countries firm sizes. Policy implications were deduced findings.

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ژورنال

عنوان ژورنال: Thunderbird International Business Review

سال: 2021

ISSN: ['1096-4762', '1520-6874']

DOI: https://doi.org/10.1002/tie.22203