Corruption in international business: A review and research agenda

Salman Bahoo, Ilan Alon, Andrea Paltrinieri

Research output: Contribution to journalArticlepeer-review

265 Scopus citations

Abstract

We systematically reviewed the literature on corruption in international business (137 articles) for the last 17 years between 1992 and 2019. Additionally, we identified seven research streams in this growing literature: (1) the legislation against corruption, (2) the determinants of corruption, (3) combating corruption, 4) the effect of corruption on firms, (5) the political environment and corruption, (6) corruption as a challenge to existing theories of management, and (7) the effect of corruption on foreign direct investment and trade. Based on this review, we recommend that strong international laws are needed to minimize the negative impact of corruption on international business. Firms must also consider corruption when formulating strategies to increase operational efficiency and performance. Finally, corruption challenges some key assumptions of existing theories of management. Scholars need to test and expand these existing theories by considering corruption as an important issue in international business.

Original languageEnglish
Article number101660
JournalInternational Business Review
Volume29
Issue number4
DOIs
StatePublished - Aug 2020
Externally publishedYes

Keywords

  • Bibliometric analysis
  • Bribery
  • Content analysis
  • Corruption
  • Firms
  • International business
  • Meta-literature review
  • Politics

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